India’s Core IIP up a robust 6.4% in March

iipThe combined Index of Eight Core Industries stands at 188.0 in March, 2016, which was 6.4 % higher compared to the index of March, 2015.

With this, the cumulative growth in core sector IIP comes to 2.7% for the full year.

The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).

Coal production (weight: 4.38 %) increased by 1.7 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 4.6 % over corresponding period of previous year.

Crude Oil production (weight: 5.22 %) decreased by 5.1 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 decreased by 1.4 % over the corresponding period of previous year.

The Natural Gas production (weight: 1.71 %) decreased by 10.5 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 declined by 4.2 % over the corresponding period of previous year.

Petroleum Refinery production (weight: 5.94%) increased by 10.8 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 3.8 % over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) increased by 22.9 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 11.3 % over the corresponding period of previous year.

Steel production (weight: 6.68%) increased by 3.4 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 declined by 1.4 % over the corresponding period of previous year.

Cement production (weight: 2.41%) increased by 11.9 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 4.6 % over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 11.3 % in March, 2016 over March, 2015. Its cumulative index during April to March, 2015-16 increased by 5.2 % over the corresponding period of previous year.



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