The Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index was 154.6 in December 2012 with a growth rate of 2.6% compared to their 4.9% growth in December 2011. The decline in growth in December, 2012 was on account of negative growth witnessed in the production of Coal, Natural Gas and Fertilizers.
During April-December 2012-13, the cumulative growth rate of the Core industries was 3.3 % compared to their growth at 4.8% during the corresponding period in 2011-12.
Coal
Coal production (weight: 4.38%) registered a growth of (-) 0.2% in December 2012 compared to its growth at 5.5% in December 2011. In cumulative terms, Coal production recorded a growth of 5.7% during April-December 2012-13 compared to its growth at (-) 2.7% during the same period of 2011-12.
Crude Oil
Crude Oil production (weight: 5.22%) registered a growth of 1.0% in December2012 compared to its (-) 5.6% growth in December 2011. Cumulatively, Crude Oil production recorded a growth of (-) 0.4% during April-December 2012-13 compared to its growth at 1.9% during the same period of 2011-12.
Natural Gas
The growth rate of Natural Gas production (weight: 1.71%) was negative both in December, 2012 at (-) 14.9% and in December 2011 at (-) 10.8%. Cumulatively also, Natural Gas production registered a negative growth of (-) 13.3% during April-December 2012-13 and (-) 8.8% during the same period of 2011-12.
Petroleum Refinery Products (0.93% of Crude Throughput)*
Petroleum refinery production (weight: 5.94%) had a growth of 5.0% inDecember 2012 compared to its growth at 0.7% in December 2011. In cumulative terms, Petroleum refinery production registered a growth of 6.9% during April-December 2012-13 compared to its 4.0% growth during the same period of 2011-12.
Fertilizers
Fertilizer production (weight: 1.25%) registered a growth of (-) 3.8% inDecember 2012 against its growth at 0.8% in December 2011. Cumulatively, Fertilizer production registered a growth of (-) 3.4% during April-December2012-13 compared to its (-) 0.5% growth during the same period of 2011-12.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) had a growth rate of 5.2% in December2012 against its 10.2% growth in December 2011. Cumulatively, Steel production registered 3.6% growth during April-December 2012-13 compared to its 9.1% growth during the same period of 2011-12.
Cement
Cement production (weight: 2.41%) registered a growth of 3.9% in December2012 against its 13.6% growth in December 2011. The cumulative growth of Cement Production was 6.1% during April-December 2012-13 compared to its 5.8% growth during the same period of 2011-12.
Electricity
Electricity generation (weight: 10.32%) had a 4.4% growth in December 2012 compared to its 8.9% growth in December 2011. The cumulative growth ofElectricity generation was 4.6% during April-December 2012-13 compared to its 9.3% growth during the same period of 2011-12.
* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.