Crude oil production up in March

May 16, 2008 - India

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 279.8 (provisional) in March 2008 and registered a growth of 9.6% (provisional) compared to a growth of 10.5 % in March 2007.

During April-March 2007-08, six core-infrastructure industries registered a growth of 5.6% (provisional) as against 9.2% during the corresponding period of the previous year.

Crude Oil:
Crude Oil production (weight of 4.17% in the IIP) registered a growth of - 0.3% (provisional) in March 2008 compared to a growth rate of 3.2% in March 2007.

The Crude Oil production registered a growth of 0.4% (provisional) during April-March 2007-08 compared to 5.6% during the same period of 2006-07.

Petroleum Refinery Products:
Petroleum refinery production (weight of 2.00% in the IIP) registered a growth of 0.0% (provisional) in March 2008 compared to growth of 13.4% in March 2007.

The Petroleum refinery production registered a growth of 6.5% (provisional) during April-March 2007-08 compared to 12.9% during the same period of 2006-07.