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Indian Economy
Current State of the Indian Economy:
Core Infrastructure Industries
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The Index of Six core-infrastructure industries having a combined weight of 26.7 per cent in the Index of Industrial Production (IIP) with base 1993-94 stood at 242.3 (provisional) in May 2008 and registered a growth of 3.5% (provisional) compared to a growth of 7.8% in May 2007. During April-May 2008-09, six core-infrastructure industries registered a growth of 3.5% (provisional) as against 6.9% during the corresponding period of the previous year.

  • Coal production (weight of 3.2% in the IIP) registered a growth of 8.3% (provisional) in May 2008 compared to growth rate 0.5% in May 2007. Coal production grew by 9.3% (provisional) during April-May 2008-09 compared to an increase of 0.5% during the same period of 2007-08.

  • Electricity generation (weight of 10.17% in the IIP) registered a growth of 2.0% (provisional) in May 2008 compared to a growth rate 9.3% in May 2007. Electricity generation grew by 1.7% (provisional) during April-March 2008-09 compared to 9.0% during the same period of 2007-08.

  • Crude Oil production (weight of 4.17% in the IIP) registered a growth of 3.2% (provisional) in May 2008 compared to a negative growth rate of 1.6% in May 2007. The Crude Oil production registered a growth of 2.1% (provisional) during April-May 2008-09 compared to (–)0.1% during the same period of 2007-08.

  • Petroleum refinery production (weight of 2.00% in the IIP) registered a growth of 0.1% (provisional) in May 2008 compared to growth of 14.9% in May 2007. The Petroleum refinery production registered a growth of 2.1% (provisional) during April-May 2008-09 compared to 15.0% during the same period of 2007-08.

  • Finished (carbon) Steel production (weight of 5.13% in the IIP) registered a growth of 5.2% (provisional) in May 2008 compared to 8.4% (estimated) in May 2007. Finished (carbon) Steel production grew by 4.5% (provisional) during April-May 2008-09 compared to an increase of 5.6% during the same period of 2007-08.

  • Cement production (weight of 1.99% in the IIP) registered a growth of 3.8% (provisional) in May 2008 compared to 9.9% in May 2007. Cement Production grew by 5.4% (provisional) during April-March 2008-09 compared to an increase of 7.8% during the same period of 2007-08.
Source: Ministry of Commerce and Industry

Production in Infrastructure Industries

   
April
April-March % Change
             April-March
Industry/ Infrastructure Unit 2007 2008 2006-07 2007-08 2006-07 2007-08
Coal Mn
tonnes
31.72 34.98 425.10 450.50 5.9 6.0
Electricity Generation Mn
Gwh
58030.5 58815.2 662523.0 704434.1 7.3 6.3
Crude petroleum 000 tonnes 2791 2816 33986 34115 5.6 0.4
Petroleum Products 000 tonnes 11642 12139 136292 145166 12.9 6.5
Finished steel 000 tonnes 3979 4137 50196 52762 13.1 5.1
Cement 000 tonnes 14520 15520 161310 174310 9.1 8.1
Overall growth rate   5.9 3.6 - - 9.2 5.6

Performance Of Basic Infrastructure Industries

Source: Ministry of Finance

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