Eight core sectors grow 6.8% in November: Commerce Ministry

The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

Eight core sectors-- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity-- grew by 6.8 per cent in November 2017. Image source: Reuters

Key highlights:

Its cumulative growth during April to November, 2017-18 was 3.9%

Coal production declined by 0.2% in November 2017

The Natural Gas production increased by 2.4% in November 2017

Eight core sectors-- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity-- grew by 6.8 per cent in November 2017, as compared to the index of November 2016, said Union Commerce Ministry data today.

The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP). Its cumulative growth during April to November, 2017-18 was 3.9 per cent.

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The sector-wise growth data is given as:

Coal

Coal production (weight: 10.33 per cent) declined by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 1.5 per cent during April to November, 2017-18 over corresponding period of the previous year.

Crude Oil

Crude Oil production (weight: 8.98 per cent) increased by 0.2 per cent in November, 2017 over November, 2016. Its cumulative index declined by 0.2 per cent during April to November, 2017-18 over the corresponding period of previous year.

Natural Gas

The Natural Gas production (weight: 6.88 per cent) increased by 2.4 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.4 per cent during April to November, 2017-18 over the corresponding period of previous year.

Refinery Products

Petroleum Refinery production (weight: 28.04 per cent) increased by 8.2 per cent in November, 2017 over November, 2016. Its cumulative index increased by 3.6 per cent during April to November, 2017-18 over the corresponding period of previous year.

Fertilizers

Fertilizer production (weight: 2.63 per cent) increased by 0.3 per cent in November, 2017 over November, 2016. Its cumulative index declined by 1.1 per cent during April to November, 2017-18 over the corresponding period of previous year.

Steel

Steel production (weight: 17.92 per cent) increased by 16.6 per cent in November, 2017 over November, 2016. Its cumulative index increased by 7.2 per cent during April to November, 2017-18 over the corresponding period of previous year.

Cement

Cement production (weight: 5.37 per cent) increased by 17.3 per cent in November, 2017 over November, 2016. Its cumulative index increased by 0.6 per cent during April to November, 2017-18 over the corresponding period of previous year.

Electricity

Electricity generation (weight: 19.85 per cent) increased by 1.9 per cent in November, 2017 over November, 2016. Its cumulative index increased by 4.9 per cent during April to November, 2017-18 over the corresponding period of previous year.

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