April
core infra grows at 2.3%
The core infrastructure grows to 2.3% (Y-O-Y) in April 2013 as
compared to 3.2% (Y-O-Y) growth in March 2013. The
decline in the growth rate in April, 2013 was mainly on account of negative
growth witnessed in the production of crude oil, natural gas and fertilizer.
Sector wise trend in monthly
production
(% growth)
|
Sector
|
Weight in IIP
|
March’13
|
April’13
|
|
Crude Oil
|
5.22
|
0.2
|
(-) 1.2
|
|
Natural Gas
|
1.71
|
(-) 17.7
|
(-) 17.4
|
|
Petroleum Refinery Products
|
5.94
|
5.6
|
5.6
|
|
Coal
|
4.38
|
0.3
|
3.1
|
|
Fertilizer
|
1.25
|
3.6
|
(-) 2.4
|
|
Electricity
|
10.32
|
3.5
|
3.1
|
|
Cement
|
2.41
|
8.3
|
8.3
|
|
Steel
|
6.68
|
6.6
|
1.9
|
|
Overall
|
37.90
|
3.2
|
2.3
|
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 3.2% during 2012-13 as against
5% during the previous year 2011-12.
Sector
wise trend in
production
(%
growth)
|
Sector
|
Weight
|
2011-2012
|
2012-2013
|
|
Crude Oil
|
5.22
|
1.0
|
(-) 0.6
|
|
Natural Gas
|
1.71
|
(-) 8.9
|
(-) 14.5
|
|
Petroleum Refinery Products
|
5.94
|
3.1
|
8.6
|
|
Coal
|
4.38
|
1.3
|
3.4
|
|
Fertilizer
|
1.25
|
0.4
|
(-) 3.4
|
|
Electricity
|
10.32
|
8.1
|
4.0
|
|
Cement
|
2.41
|
6.7
|
9.3
|
|
Steel
|
6.68
|
10.3
|
2.5
|
|
Overall
|
37.90
|
5.0
|
3.2
|
Source: PHD Research Bureau, compiled
from the office of the economic advisor to the Govt. of
India
Electricity generation grew by 4% during 2012-13
as against 8.1% growth during 2011-12, while steel production grew by 2.5% during 2012-13 as compared to 10.3%
during 2011-12. The production in crude oil grew by (-) 0.6% during 2012-13 as
compared to its growth at 1% during 2011-12, whereas petroleum refinery
production registered a growth of
8.6% during 2012-13 as compared to 3.1% growth during 2011-12. Fertilizer
production grew by (-) 3.4% during 2012-13, compared to its growth
at 0.4% during 2011-12 and cement
production grew by 9.3% during
2012-13 compared to its growth at 6.7% during 2011-12.
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
Warm regards,
Dr. S P Sharma
Chief Economist
________________________________________________
PHD Research Bureau
PHD Chamber of Commerce and
Industry
August Kranti Marg,
New Delhi
– 110016
Tel 91 11 49545454, Fax 91 11 26855450,
E mail –
research@phdcci.in
Website www.phdcci.in
Comments
Post a Comment