The output of eight core infrastructure sectors contracted to six-month low of 4.5 per cent in July 2022 against 9.9 per cent in the year-ago period. The production growth of eight infrastructure sectors was 13.2 per cent in June 2022. The Eight Core Industries - coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity - comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).
Coal production having 10.33 per cent weight increased by 11.4 per cent in July, 2022 over July, 2021 and its cumulative index increased by 26.6 per cent during April to July, 2022-23 over corresponding period of the previous year. Petroleum Refinery production having 28.04 per cent weight increased by 6.2 per cent in July, 2022 over July, 2021 and its cumulative index increased by 11.7 per cent during April to July, 2022-23 over the corresponding period of previous year. Fertilizers production having 2.63 per cent weight increased by 6.2 per cent in July, 2022 over July, 2021 and its cumulative index increased by 11.3 per cent during April to July, 2022-23 over the corresponding period of previous year.
Steel production having 17.92 per cent weight increased by 5.7 per cent in July, 2022 over July, 2021 and its cumulative index increased by 6.5 per cent during April to July, 2022-23 over the corresponding period of previous year. Cement production having 5.37 per cent weight increased by 2.1 per cent in July, 2022 over July, 2021 and its cumulative index increased by 13.3 per cent during April to July, 2022-23 over the corresponding period of previous year. Electricity generation having 19.85 per cent weight increased by 2.2 per cent in July, 2022 over July, 2021 and its cumulative index increased by 13.1 per cent during April to July, 2022-23 over the corresponding period of previous year.
However, Crude oil production having 8.98 per cent weight declined by 3.8 per cent in July, 2022 over July, 2021 and its cumulative index declined by 0.5 per cent during April to July, 2022-23 over the corresponding period of previous year. Natural Gas production having 6.88 per cent weight declined by 0.3 per cent in July, 2022 over July, 2021, while its cumulative index increased by 3.5 per cent during April to July, 2022-23 over the corresponding period of previous year.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: