Ministry of Commerce & Industry
INDEX OF EIGHT CORE INDUSTRIES  FOR NOVEMBER, 2020
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of November, 2020.
2. The combined Index of Eight Core Industries stood at 125.9 in November,2020, which declined by 2.6  per cent as compared to the Index of November, 2019.Its cumulative growth during April to November, 2020-21 has been 11.4%.
3. Final growth rate of Index of Eight Core Industries for August’2020 is revised to 6.9%.The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production .Details of yearly/monthly index and growth rate is provided atAnnexure.
4.Monthly growth rates of Index of Eight Core Industries  is depicted in the graph:
5. The summary of the Index of Eight Core Industries is given below:
Coal- Coal production  increasedby 2.9 per cent in November, 2020 over November,2019. Its cumulative index declined by 2.6per cent during April toNovember, 2020-21over corresponding period of the previous year.
Crude Oil-Crude Oil production  declined by 4.9 per cent inNovember, 2020 over November,2019. Its cumulative index declined by 6.0 per cent during April toNovember, 2020-21over the corresponding period of previous year.
Natural Gas- The Natural Gas production  declinedby9.3 per cent in November, 2020 over November,2019. Its cumulative index declined by 12.1 per cent during April to November, 2020-21 over the corresponding period of previous year.
Refinery Products- Petroleum Refinery production  declined by4.8 per cent in November, 2020 over November,2019. Its cumulative index declinedby 14.9per cent during April to November, 2020-21over the corresponding period of previous year.
Fertilizers-Fertilizers production  increased by 1.6 per cent in November,2020 overNovember,2019. Its cumulative index increasedby 3.8 per cent during April toNovember, 2020-21 over the corresponding period of previous year.
Steel-Steel production  declinedby 4.4 per cent inNovember, 2020 over November,2019. Its cumulative index declined by 19.4per centduring April to November, 2020-21 over the corresponding period of previous year.
Cement-Cement production  declinedby7.1per cent inNovember, 2020overNovember,2019. Its cumulative index declinedby19.5per centduring April to November, 2020-21over the corresponding period of previous year.
Electricity- Electricity generation  increasedby2.2per centin November,2020over November,2019. Its cumulative indexdeclined by 4.7per cent duringApril to November, 2020-21over the corresponding period of previous year.
Note 1: Data for September, 2020, October, 2020and November, 2020are 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  under the item ‘Cold Rolled  coils’ within the production of finished steel has also been included.
Note5: Release of the index for December, 2020 will be on Friday 29th January,2021.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr- Nov 2019-20
|
|
Apr- Nov 2020-21
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
133.6
|
|
113.1
|
|
110.2
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
84.5
|
|
85.6
|
|
80.4
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
65.1
|
|
66.5
|
|
58.4
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
129.4
|
|
128.0
|
|
108.9
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
109.8
|
|
109.4
|
|
113.5
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.7
|
|
152.6
|
|
153.1
|
|
123.3
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
145.7
|
|
141.8
|
|
114.2
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.9
|
|
158.4
|
|
161.7
|
|
154.1
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.2
|
|
131.6
|
|
129.9
|
|
115.0
Growth Rates 
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
Apr- Nov 2019-20
|
|
Apr- Nov 2020-21
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.4
|
|
-0.4
|
|
-5.4
|
|
-2.6
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
-5.9
|
|
-5.9
|
|
-6.0
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
-5.6
|
|
-3.1
|
|
-12.1
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
0.2
|
|
-1.1
|
|
-14.9
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
2.7
|
|
4.0
|
|
3.8
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.1
|
|
3.4
|
|
6.7
|
|
-19.4
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
-0.9
|
|
0.01
|
|
-19.5
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.2
|
|
0.9
|
|
0.8
|
|
-4.7
|
|
Overall Growth
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.4
|
|
0.4
|
|
0.3
|
|
-11.4
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Nov-19
|
|
133.6
|
|
82.4
|
|
64.4
|
|
133.0
|
|
116.7
|
|
154.9
|
|
142.4
|
|
139.9
|
|
129.2
|
|
Dec-19
|
|
152.9
|
|
83.5
|
|
65.5
|
|
130.5
|
|
120.5
|
|
165.2
|
|
159.2
|
|
150.2
|
|
135.5
|
|
Jan-20
|
|
164.7
|
|
85.0
|
|
65.3
|
|
134.4
|
|
116.5
|
|
155.4
|
|
164.1
|
|
155.6
|
|
137.4
|
|
Feb-20
|
|
171.1
|
|
75.6
|
|
58.3
|
|
128.9
|
|
107.8
|
|
152.9
|
|
160.7
|
|
153.6
|
|
134.0
|
|
Mar-20
|
|
209.7
|
|
85.0
|
|
60.1
|
|
135.3
|
|
98.3
|
|
133.2
|
|
129.8
|
|
146.9
|
|
134.0
|
|
Apr-20
|
|
103.7
|
|
80.2
|
|
53.3
|
|
94.2
|
|
85.0
|
|
26.9
|
|
22.5
|
|
125.6
|
|
81.2
|
|
May-20
|
|
109.4
|
|
82.0
|
|
57.2
|
|
102.0
|
|
113.4
|
|
96.4
|
|
117.3
|
|
150.6
|
|
107.7
|
|
Jun-20
|
|
104.3
|
|
79.6
|
|
58.1
|
|
110.6
|
|
114.6
|
|
122.3
|
|
137.8
|
|
156.2
|
|
116.3
|
|
Jul-20
|
|
100.3
|
|
83.0
|
|
61.2
|
|
114.5
|
|
119.4
|
|
141.9
|
|
126.8
|
|
166.3
|
|
122.5
|
|
Aug-20
|
|
98.2
|
|
81.2
|
|
61.0
|
|
105.9
|
|
120.8
|
|
150.7
|
|
109.1
|
|
162.7
|
|
119.7
|
|
Sep-20
|
|
105.8
|
|
78.3
|
|
57.5
|
|
106.3
|
|
113.5
|
|
145.1
|
|
126.7
|
|
166.4
|
|
120.5
|
|
Oct-20
|
|
122.4
|
|
80.9
|
|
60.6
|
|
111.5
|
|
122.8
|
|
155.5
|
|
141.3
|
|
162.2
|
|
126.2
|
|
Nov-20
|
|
137.5
|
|
78.3
|
|
58.4
|
|
126.5
|
|
118.5
|
|
148.1
|
|
132.2
|
|
143.0
|
|
125.9
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Growth
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Nov-19
|
|
-3.5
|
|
-6.0
|
|
-6.4
|
|
3.1
|
|
13.6
|
|
7.0
|
|
4.3
|
|
-4.9
|
|
0.7
|
|
Dec-19
|
|
6.1
|
|
-7.4
|
|
-9.2
|
|
3.0
|
|
10.2
|
|
8.7
|
|
5.5
|
|
0.0
|
|
3.1
|
|
Jan-20
|
|
8.0
|
|
-5.3
|
|
-9.0
|
|
1.9
|
|
-0.1
|
|
1.6
|
|
5.1
|
|
3.2
|
|
2.2
|
|
Feb-20
|
|
11.3
|
|
-6.4
|
|
-9.6
|
|
7.4
|
|
2.9
|
|
2.9
|
|
7.8
|
|
11.5
|
|
6.4
|
|
Mar-20
|
|
4.0
|
|
-5.5
|
|
-15.1
|
|
-0.5
|
|
-11.9
|
|
-21.9
|
|
-25.1
|
|
-8.2
|
|
-8.6
|
|
Apr-20
|
|
-15.5
|
|
-6.4
|
|
-19.9
|
|
-24.2
|
|
-4.5
|
|
-82.8
|
|
-85.2
|
|
-22.9
|
|
-37.9
|
|
May-20
|
|
-14.0
|
|
-7.1
|
|
-16.8
|
|
-21.3
|
|
7.5
|
|
-40.4
|
|
-21.4
|
|
-14.8
|
|
-21.4
|
|
Jun-20
|
|
-15.5
|
|
-6.0
|
|
-12.0
|
|
-8.9
|
|
4.2
|
|
-23.2
|
|
-6.8
|
|
-10.0
|
|
-12.4
|
|
Jul-20
|
|
-5.7
|
|
-4.9
|
|
-10.2
|
|
-13.9
|
|
6.9
|
|
-6.5
|
|
-13.5
|
|
-2.4
|
|
-7.6
|
|
Aug-20
|
|
3.6
|
|
-6.3
|
|
-9.5
|
|
-19.1
|
|
7.3
|
|
0.5
|
|
-14.5
|
|
-1.8
|
|
-6.9
|
|
Sep-20
|
|
21.2
|
|
-6.0
|
|
-10.6
|
|
-9.5
|
|
-0.3
|
|
2.8
|
|
-3.5
|
|
4.8
|
|
-0.1
|
|
Oct-20
|
|
11.7
|
|
-6.2
|
|
-8.6
|
|
-17.0
|
|
6.3
|
|
4.0
|
|
3.2
|
|
11.2
|
|
-0.9
|
|
Nov-20
|
|
2.9
|
|
-4.9
|
|
-9.3
|
|
-4.8
|
|
1.6
|
|
-4.4
|
|
-7.1
|
|
2.2
|
|
-2.6