India’s industrial production index for core industries rose 3.2% in July compared to a year ago, indicating a slight improvement in economic activities.
The eight core industries, that comprise nearly 38% of Index of Industrial Production (IIP), rose to 173.7 in July.
Its cumulative growth during April to July, 2016-17 was 4.9 %.
Coal
Coal production (weight: 4.38 %) increased by 5.1 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 5.3% over corresponding period of previous year.
Crude Oil
Crude Oil production (weight: 5.22 %) decreased by 1.8 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 decreased by 2.9 % over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 1.71 %) increased by 3.3 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 declined by 3.8 % over the corresponding period of previous year.
Refinery Products (93% of Crude Throughput)
Petroleum Refinery production (weight: 5.94%) increased by 13.7 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 8.7 % over the corresponding period of previous year.
Fertilizers
Fertilizer production (weight: 1.25%) increased by 2.5 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 8.6 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
Steel production (weight: 6.68%) decreased by 0.5 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 2.8 % over the corresponding period of previous year.
Cement
Cement production (weight: 2.41%) increased by 1.4 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 4.6 % over the corresponding period of previous year.
Electricity
Electricity generation (weight: 10.32%) increased by 1.6 % in July, 2016 over July, 2015. Its cumulative index during April to July, 2016-17 increased by 7.1 % over the corresponding period of previous year.
Sector | Weight | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | Apr-Jul 2015-16 | Apr-Jul 2016-17 |
Coal | 4.379 | 141.5 | 148.1 | 150.0 | 162.2 | 169.6 | 148.4 | 156.3 |
Crude Oil | 5.216 | 112.1 | 111.4 | 111.2 | 110.2 | 108.7 | 109.9 | 106.6 |
Natural Gas | 1.708 | 149.7 | 128.1 | 111.5 | 106.0 | 101.5 | 102.6 | 98.7 |
Refinery Products | 5.939 | 133.7 | 172.5 | 175.0 | 175.6 | 182.3 | 176.9 | 192.3 |
Fertilizers | 1.254 | 103.8 | 100.2 | 101.8 | 101.7 | 113.2 | 101.4 | 110.2 |
Steel | 6.684 | 174.0 | 181.1 | 201.9 | 211.4 | 208.4 | 214.7 | 220.6 |
Cement | 2.406 | 175.2 | 188.7 | 194.5 | 205.3 | 215.0 | 215.7 | 225.7 |
Electricity | 10.316 | 149.3 | 155.3 | 164.6 | 178.5 | 188.1 | 186.5 | 199.7 |
Overall Index | 37.903 | 145.3 | 154.7 | 161.2 | 168.5 | 173.0 | 170.3 | 178.6 |
GROWTH
Sector | Weight | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 | Apr-Jul 2015-16 | Apr-Jul 2016-17 |
Coal | 4.379 | 1.3 | 4.6 | 1.3 | 8.1 | 4.5 | 5.3 | 5.3 |
Crude Oil | 5.216 | 1.0 | -0.6 | -0.2 | -0.9 | -1.4 | -0.7 | -2.9 |
Natural Gas | 1.708 | -8.9 | -14.5 | -13.0 | -4.9 | -4.2 | -4.3 | -3.8 |
Refinery Products# | 5.939 | 3.1 | 29.0 | 1.5 | 0.3 | 3.8 | 3.9 | 8.7 |
Fertilizers | 1.254 | 0.4 | -3.4 | 1.5 | -0.1 | 11.3 | 4.1 | 8.6 |
Steel | 6.684 | 10.3 | 4.1 | 11.5 | 4.7 | -1.5 | 1.2 | 2.8 |
Cement | 2.406 | 6.7 | 7.7 | 3.1 | 5.6 | 4.7 | 1.4 | 4.6 |
Electricity | 10.316 | 8.1 | 4.0 | 6.0 | 8.4 | 5.4 | 2.6 | 7.1 |
Overall Index | 37.903 | 5.0 | 6.5 | 4.2 | 4.5 | 2.7 | 2.2 | 4.9 |