Eight core infra sectors cumulative growth slows to 2% in April-November 2015
The Eight Core Industries comprising nearly 38% of the weight of items included in the Index of Industrial Production (IIP) recorded 1.3% decline in output in November 2015 over November 2014. Its cumulative growth during April to November 2015-16 stood at 2.0%.Coal production (weight: 4.38%) increased by 3.5% in November 2015 over November 2014. Its cumulative index during April to November 2015-16 increased by 4.3% over corresponding period of previous year.
Crude Oil production (weight: 5.22%) decreased by 3.3% in November 2015 over November 2014. Its cumulative index during April to November 2015-16 decreased by 0.4% over the corresponding period of previous year.
The Natural Gas production (weight: 1.71%) declined by 3.9 % in November 2015. Its cumulative index during April to November 2015-16 declined by 2.3% over the corresponding period of previous year.
Petroleum Refinery production (weight: 5.94%) increased by 2.5 % in November 2015. Its cumulative index during April to November 2015-16 increased by 2.5% over the corresponding period of previous year.
Fertilizer production (weight: 1.25%) increased by 13.5 % in November 2015. Its cumulative index during April to November 2015-16 increased by 9.7 % over the corresponding period of previous year.
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Steel production (weight: 6.68%) declined by 8.4% in November 2015. Its cumulative index during April to November 2015-16 declined by 1.5%over the corresponding period of previous year.
Cement production (weight: 2.41%) decreased by 1.8 % in November 2015. Its cumulative index during April to November 2015-16 increased by 2.1% over the corresponding period of previous year.
Electricity generation (weight: 10.32%) recorded no change in November 2015 over November 2014. Its cumulative index during April to November 2015-16 increased by4.2% over the corresponding period of previous year.
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