Eight Infra

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Government of India

Ministry of Commerce & Industry


Department for Promotion of Industry & Internal Trade
Office of the Economic Adviser

Index of Eight Core Industries (Base: 2011-12=100)

January, 2020

1. The summary of the Index of Eight Core Industries (base: 2011-12) is


given at the Annexure.

2. The Eight Core Industries comprise 40.27 per cent of the weight of items
included in the Index of Industrial Production (IIP). The combined Index of
Eight Core Industries stood at 137.5 in January, 2020, which increased by 2.2
per cent as compared to the index of January, 2019. Its cumulative growth
during April to January, 2019-20 was 0.6 per cent.

Coal

3. Coal production (weight: 10.33 per cent) increased by 8.0 per cent in
January, 2020 over January, 2019. Its cumulative index declined by 2.4 per cent
during April to January, 2019-20 over corresponding period of the previous
year.

Crude Oil

4. Crude Oil production (weight: 8.98 per cent) declined by 5.3 per cent in
January, 2020 over January, 2019. Its cumulative index declined by 6.0 per cent
during April to January, 2019-20 over the corresponding period of previous
year.

Natural Gas

5. The Natural Gas production (weight: 6.88 per cent) declined by 9.1 per
cent in January, 2020 over January, 2019. Its cumulative index declined by 4.3
per cent during April to January, 2019-20 over the corresponding period of
previous year.

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Refinery Products

6. Petroleum Refinery production (weight: 28.04 per cent) increased by 1.9


per cent in January, 2020 over January, 2019. Its cumulative index declined by
0.4 per cent during April to January, 2019-20 over the corresponding period of
previous year.

Fertilizers

7. Fertilizers production (weight: 2.63 per cent) declined by 0.1 per cent in
January, 2020 over January, 2019. Its cumulative index increased by 4.2 per
cent during April to January, 2019-20 over the corresponding period of previous
year.

Steel

8. Steel production (weight: 17.92 per cent) increased by 2.2 per cent in
January, 2020 over January, 2019. Its cumulative index increased by 5.3 per
cent during April to January, 2019-20 over the corresponding period of previous
year.

Cement

9. Cement production (weight: 5.37 per cent) increased by 5.0 per cent in
January, 2020 over January, 2019. Its cumulative index increased by 1.1 per
cent during April to January, 2019-20 over the corresponding period of previous
year.

Electricity

10. Electricity generation (weight: 19.85 per cent) increased by 2.8 per cent
in January, 2020 over January, 2019. Its cumulative index increased by 0.9 per
cent during April to January, 2019-20 over the corresponding period of previous
year.

Note 1: Data for November, 2019, December, 2019 and January, 2020 are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP
and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under
the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.
Note 5: Release of the index for February, 2020 will be on Tuesday, 31st March, 2020.

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Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
2013- 2014- 2015- 2016- 2017- 2018- Apr-Jan Apr-Jan
Sector Weight
14 15 16 17 18 19 2018-19 2019-20
Coal 10.3335 104.2 112.6 118.0 121.8 124.9 134.1 125.4 122.4
Crude Oil 8.9833 99.2 98.4 97.0 94.5 93.7 89.8 90.7 85.3
Natural Gas 6.8768 74.5 70.5 67.2 66.5 68.4 69.0 69.3 66.3
Refinery
Products
28.0376 108.6 108.8 114.1 119.7 125.2 129.1 129.3 128.9
Fertilizers 2.6276 98.1 99.4 106.4 106.6 106.6 107.0 106.7 111.2
Steel 17.9166 115.8 121.7 120.2 133.1 140.5 147.7 145.3 152.9
Cement 5.3720 111.5 118.1 123.5 122.0 129.7 147.0 144.2 145.8
Electricity 19.8530 110.3 126.6 133.8 141.6 149.2 156.9 158.5 159.9
Overall
100.0000 106.5 111.7 115.1 120.5 125.7 131.2 130.2 130.9
Index

Growth Rates (in per cent)


2013- 2014- 2015- 2016- 2017- 2018- Apr-Jan Apr-Jan
Sector Weight
14 15 16 17 18 19 2018-19 2019-20
Coal 10.3335 1.0 8.0 4.8 3.2 2.6 7.4 7.1 -2.4
Crude Oil 8.9833 -0.2 -0.9 -1.4 -2.5 -0.9 -4.1 -3.8 -6.0
Natural
Gas
6.8768 -12.9 -5.3 -4.7 -1.0 2.9 0.8 0.5 -4.3
Refinery
Products
28.0376 1.4 0.2 4.9 4.9 4.6 3.1 3.4 -0.4
Fertilizers 2.6276 1.5 1.3 7.0 0.2 0.03 0.3 -0.3 4.2
Steel 17.9166 7.3 5.1 -1.3 10.7 5.6 5.1 4.4 5.3
Cement 5.3720 3.7 5.9 4.6 -1.2 6.3 13.3 13.6 1.1
Electricity 19.8530 6.1 14.8 5.7 5.8 5.3 5.2 5.8 0.9
Overall
100.0000 2.6 4.9 3.0 4.8 4.3 4.4 4.4 0.6
Growth

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Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index

Crude Natural Refinery Overall


Sector Coal Fertilizers Steel Cement Electricity
Oil Gas Products Index
Weight 10.3335 8.9833 6.8768 28.0376 2.6276 17.9166 5.3720 19.8530 100.0000
Jan-19 152.5 89.7 71.8 131.9 116.6 153.0 156.1 150.7 134.5
Feb-19 153.8 80.8 64.4 120.0 104.8 148.6 149.1 137.7 125.9
Mar-19 201.7 89.9 70.7 135.9 111.5 170.7 173.2 160.1 146.5
Apr-19 122.6 85.6 66.6 124.3 89.0 156.4 152.5 162.8 130.7
May-19 127.3 88.2 68.7 129.6 105.5 161.8 149.3 176.8 137.0
Jun-19 123.5 84.7 66.0 121.4 110.0 159.3 147.9 173.6 132.8
Jul-19 106.4 87.2 68.1 132.9 111.7 151.7 146.5 170.5 132.6
Aug-19 94.8 86.6 67.4 131.0 112.6 150.0 127.7 165.7 128.5
Sep-19 87.3 83.4 64.3 117.5 113.9 141.2 131.3 158.7 120.7
Oct-19 109.6 86.3 66.3 134.2 115.5 149.5 137.0 145.8 127.4
Nov-19 135.0 82.4 64.4 133.0 116.7 144.6 142.4 139.9 127.5
Dec-19 152.8 83.5 65.6 130.5 120.5 158.5 159.2 150.2 134.3
Jan-20 164.8 85.0 65.3 134.4 116.5 156.3 164.0 154.9 137.5

Growth Rates (in per cent)


Crude Natural Refinery Overall
Sector Coal Fertilizers Steel Cement Electricity
Oil Gas Products Growth
Weight 10.3335 8.9833 6.8768 28.0376 2.6276 17.9166 5.3720 19.8530 100.0000
Jan-19 2.0 -4.3 6.2 -2.6 10.5 5.5 11.0 0.8 1.5
Feb-19 7.4 -6.1 3.8 -0.8 2.5 4.9 8.0 1.2 2.2
Mar-19 9.1 -6.2 1.4 4.3 4.3 11.5 15.7 2.1 5.8
Apr-19 3.2 -6.7 -0.8 4.3 -4.4 13.3 2.3 5.9 5.2
May-19 1.7 -6.9 -0.1 -1.5 -1.0 13.3 2.8 7.4 3.8
Jun-19 2.9 -6.8 -2.1 -9.3 1.5 10.8 -1.9 8.6 1.2
Jul-19 -1.6 -4.4 -0.5 -0.9 1.5 8.1 7.7 5.2 2.6
Aug-19 -8.6 -5.4 -3.9 2.6 2.9 3.8 -5.1 -0.9 -0.2
Sep-19 -20.5 -5.4 -4.9 -6.6 5.4 -1.4 -2.0 -2.6 -5.1
Oct-19 -17.6 -5.1 -5.6 0.4 11.8 -0.5 -7.7 -12.2 -5.5
Nov-19 -2.5 -6.0 -6.4 3.1 13.6 -0.1 4.3 -4.9 -0.6
Dec-19 6.1 -7.4 -9.2 3.0 10.2 4.3 5.5 -0.1 2.1
Jan-20 8.0 -5.3 -9.1 1.9 -0.1 2.2 5.0 2.8 2.2

*****

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