Core sector grows 9.4 per cent in January
25 Feb 2010
The index of six core industries, including crude oil, petroleum refinery products, coal, electricity, cement and finished steel, registered a growth of 9.4 per cent (provisional) in January 2010 against 2.2 per cent in January 2009.
During April-January 2009-10, core sector industries recorded a growth of 5.4 per cent (provisional) against 3 per cent during the corresponding period of the previous year.
The six core sector industries having a combined weight of 26.7 per cent in the index of industrial production (IIP) with base 1993-94 stood at 275.1 (provisional) in January 2010.
Crude oil production (having a weight of 4.17 per cent in IIP) recorded a growth of 9.7 per cent (provisional) in January 2010 compared with a growth rate of (-)8.1 per cent in January 2009. Crude oil production had registered negative growths of (-)0.1 per cent (provisional) during April-January
2009-10 and (-)1.3 per cent during the same period of 2008-09.
Petroleum refinery throughput (weight of 2.0 per cent in IIP) recorded a growth of 3.8 per cent (provisional) in January 2010 against a negative growth of (-)1.3 per cent in January 2009. Refinery production registered a growth of (-)0.5 per cent (provisional) during April-January 2009-10 against 3.2 per cent during the same period of 2008-09.
Coal production (weight of 3.2 per cent in the IIP) grew 6.0 per cent (provisional) in January 2010 against 6.7 per cent in January 2009. During the April-January 2009-10 period coal production grew 8.2 per cent (provisional) against an increase of 8.5 per cent during the same period of 2008-09.
