The combined Index of Eight Core Industries stands at 188 in March, 2016, which is 6.4% higher compared to the index of March, 2015. Its cumulative growth during April to March, 2015-16 is registered at 2.7%. Crude Oil production decreased by 5.1% in March, 2016 over March, 2015. While, Natural Gas production decreased by 10.5 % in March, 2016 over March, 2015.
Table 1: Sector wise trend in monthly production (% growth)
Sector
|
Weight in IIP
|
March'16
|
February’16
|
Crude Oil
|
5.22
|
-5.1
|
0.8
|
Natural Gas
|
1.71
|
-10.5
|
1.2
|
Petroleum Refinery Products
|
5.94
|
10.8
|
8.1
|
Coal
|
4.38
|
1.7
|
3.9
|
Fertilizer
|
1.25
|
22.9
|
16.3
|
Electricity
|
10.32
|
11.3
|
9.2
|
Cement
|
2.41
|
11.9
|
13.5
|
Steel
|
6.68
|
3.4
|
-0.5
|
Overall
|
37.9
|
6.4
|
5.7
|
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
In cumulative terms, core infrastructure industries registered a growth of 2.7% during April-March 2015-16 as against 4.5% during the corresponding period of the previous year.
Table 2: Sector wise trend in production (% growth)
Sector
|
Weight
|
April-March 2015-16
|
April-March 2014-15
|
Crude Oil
|
5.22
|
-1.4
|
-0.9
|
Natural Gas
|
1.71
|
-4.2
|
-4.9
|
Petroleum Refinery Products
|
5.94
|
3.8
|
0.3
|
Coal
|
4.38
|
4.6
|
8.1
|
Fertilizer
|
1.25
|
11.3
|
-0.1
|
Electricity
|
10.32
|
5.2
|
8.4
|
Cement
|
2.41
|
4.6
|
5.6
|
Steel
|
6.68
|
-1.4
|
4.7
|
Overall
|
37.9
|
2.7
|
4.5
|
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Trend in growth of steel, cement, electricity, coal and overall (%)
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
| 
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