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The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of March 2014 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board.
2. The General Index for the month of March 2014 stands at 193.2, which is 0.5% lower as compared to the level in the month of March 2013. The cumulative growth for the period April-March 2013-14 over the corresponding period of the previous year stands at (-) 0.1%.
3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2014 stand at 145.8, 204.8 and 173.0 respectively, with the corresponding growth rates of (-) 0.4%, (-) 1.2% and 5.4% as compared to March 2013 (Statement I). The cumulative growth in the three sectors during April-March 2013-14 over the corresponding period of 2012-13 has been (-) 0.8%, (-) 0.8% and 6.1% respectively.
4. In terms of industries, twelve (12) out of the twenty two (22) industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown negative growth during the month of March 2014 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Radio, TV and communication equipment & apparatus’ has shown the highest negative growth of (-) 33.1%, followed by (-) 26.1% in ‘Office, accounting and computing machinery’ and (-) 21.5% in ‘Medical, precision & optical instruments, watches and clocks’. On the other hand, the industry group ‘Wearing apparel; dressing and dyeing of fur’ has shown the highest positive growth of 26.0%, followed by 9.2% in ‘Basic metals’ and 6.2% in ‘Food products and beverages’.
5. As per Use-based classification, the growth rates in March 2014 over March 2013 are 4.0% in Basic goods, (-) 12.5% in Capital goods and 0.6% in Intermediate goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of (-) 11.8% and 7.2% respectively, with the overall growth in Consumer goods being (-) 0.9%.
6. Some of the important items showing high negative growth are: ‘Aluminium Conductor’ [(-) 61.4%], ‘Sacking’ [(-) 42.4%], ‘Woollen Carpets [(-) 40.0%], ‘Boilers’ [(-) 37.8%], ‘Telephone Instruments (incl. Mobile Phones & Accessories)’ [(-) 36.9%], ‘Ship Building and Repairs’ [(-) 31.0%], ‘Computers’ [(-) 30.2%], ‘Earth Moving Machinery’ [(-) 27.6%], ‘Commercial Vehicles’ [(-) 24.0%] and ‘Generator/ Alternator’ [(-) 21.1%].
7. Some of the other important items showing high positive growth during the current month over the same month in previous year include ‘Leather Garments’ (146.4%), ‘Heat Exchangers’ (87.1%), ‘Sugar Machinery’ (79.2%), ‘Stainless/ alloy Steel’ (55.6%), ‘Lubricating Oil’ (45.5%), ‘Vitamins’ (29.8%), ‘Scooter and Mopeds’ (28.7%) and ‘Plates’ (27.6%).
8. Along with the Quick Estimates of IIP for the month of March 2014, the indices for February 2014 have undergone the first revision and those for December 2013 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of February 2014 shall undergo final (second) revision along with the release of IIP for the month of May 2014.
9. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of March 2014, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.
| STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL | |||||||||
| (Base : 2004-05=100) | |||||||||
| Month | Mining | Manufacturing | Electricity | General | |||||
| (141.57) | (755.27) | (103.16) | (1000.00) | ||||||
| 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | ||
| Apr | 124.8 | 120.5 | 173.0 | 176.1 | 152.7 | 159.1 | 164.1 | 166.5 | |
| May | 130.0 | 122.3 | 179.0 | 173.3 | 162.3 | 172.4 | 170.3 | 166.0 | |
| Jun | 122.1 | 116.5 | 178.1 | 175.0 | 157.0 | 157.0 | 168.0 | 164.9 | |
| Jul | 119.7 | 116.1 | 177.4 | 182.7 | 156.3 | 164.5 | 167.1 | 171.4 | |
| Aug | 114.6 | 113.6 | 175.8 | 175.4 | 152.2 | 163.1 | 164.7 | 165.4 | |
| Sept | 111.2 | 115.2 | 174.6 | 177.1 | 149.7 | 169.0 | 163.1 | 167.5 | |
| Oct | 122.4 | 118.8 | 182.4 | 180.1 | 160.5 | 162.6 | 171.6 | 169.6 | |
| Nov | 121.7 | 123.7 | 176.4 | 171.8 | 149.1 | 158.5 | 165.8 | 163.6 | |
| Dec | 132.5 | 135.9 | 191.1 | 189.0 | 157.6 | 169.4 | 179.3 | 179.5 | |
| Jan | 135.5 | 138.1 | 193.6 | 193.6 | 160.7 | 171.1 | 182.0 | 183.4 | |
| Feb | 124.6 | 127.1 | 190.8 | 183.9 | 140.5 | 156.7 | 176.2 | 173.1 | |
| Mar* | 146.4 | 145.8 | 207.3 | 204.8 | 164.2 | 173.0 | 194.2 | 193.2 | |
| Average |
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| Apr-Mar | 125.5 | 124.5 | 183.3 | 181.9 | 155.2 | 164.7 | 172.2 | 172.0 | |
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| Growth over the corresponding period of previous year |
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| Mar | -2.1 | -0.4 | 4.3 | -1.2 | 3.5 | 5.4 | 3.5 | -0.5 | |
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| Apr-Mar | -2.3 | -0.8 | 1.3 | -0.8 | 4.0 | 6.1 | 1.1 | -0.1 | |
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| * Indices for March 2014 are Quick Estimates. | |||||||||
| NOTE : Indices for the months of Dec`13 and Feb`14 incorporate updated production data. | |||||||||
| TATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL) | ||||||||
| (Base: 2004-05=100) | ||||||||
| Industry | Description | Weight | Index | Cumulative Index | Percentage growth | |||
| code |
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| Mar`13 | Mar`14 | Apr-Mar | Mar`14 | Apr-Mar | |
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| 2012-13 | 2013-14 |
| 2013-14 |
| 15 | Food products and beverages | 72.76 | 216.7 | 230.2 | 169.5 | 167.3 | 6.2 | -1.3 |
| 16 | Tobacco products | 15.70 | 128.6 | 123.7 | 109.2 | 111.0 | -3.8 | 1.6 |
| 17 | Textiles | 61.64 | 145.4 | 145.6 | 142.0 | 147.9 | 0.1 | 4.2 |
| 18 | Wearing apparel; dressing and dyeing of fur | 27.82 | 178.3 | 224.6 | 143.6 | 176.0 | 26.0 | 22.6 |
| 19 | Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products | 5.82 | 139.9 | 142.4 | 127.1 | 133.4 | 1.8 | 5.0 |
| 20 | Wood and products of wood & cork except furniture; articles of straw & plating materials | 10.51 | 159.4 | 146.1 | 147.9 | 144.8 | -8.3 | -2.1 |
| 21 | Paper and paper products | 9.99 | 148.9 | 143.9 | 138.7 | 138.8 | -3.4 | 0.1 |
| 22 | Publishing, printing & reproduction of recorded media | 10.78 | 186.4 | 178.9 | 183.0 | 183.5 | -4.0 | 0.3 |
| 23 | Coke, refined petroleum products & nuclear fuel | 67.15 | 153.2 | 156.3 | 136.4 | 143.5 | 2.0 | 5.2 |
| 24 | Chemicals and chemical products | 100.59 | 130.9 | 134.0 | 127.3 | 138.6 | 2.4 | 8.9 |
| 25 | Rubber and plastics products | 20.25 | 195.1 | 204.1 | 185.0 | 180.8 | 4.6 | -2.3 |
| 26 | Other non-metallic mineral products | 43.14 | 186.2 | 185.8 | 161.6 | 163.2 | -0.2 | 1.0 |
| 27 | Basic metals | 113.35 | 204.2 | 223.0 | 195.8 | 196.3 | 9.2 | 0.3 |
| 28 | Fabricated metal products, except machinery & equipment | 30.85 | 267.2 | 235.3 | 193.8 | 179.8 | -11.9 | -7.2 |
| 29 | Machinery and equipment n.e.c. | 37.63 | 312.3 | 314.0 | 230.0 | 218.9 | 0.5 | -4.8 |
| 30 | Office, accounting & computing machinery | 3.05 | 191.9 | 141.9 | 128.1 | 107.9 | -26.1 | -15.8 |
| 31 | Electrical machinery & apparatus n.e.c. | 19.80 | 506.3 | 473.6 | 369.2 | 422.2 | -6.5 | 14.4 |
| 32 | Radio, TV and communication equipment & apparatus | 9.89 | 876.9 | 586.5 | 1003.7 | 730.1 | -33.1 | -27.3 |
| 33 | Medical, precision & optical instruments, watches and clocks | 5.67 | 175.6 | 137.9 | 117.1 | 111.3 | -21.5 | -5.0 |
| 34 | Motor vehicles, trailers & semi-trailers | 40.64 | 275.4 | 236.2 | 244.8 | 221.3 | -14.2 | -9.6 |
| 35 | Other transport equipment | 18.25 | 255.3 | 262.5 | 235.7 | 248.8 | 2.8 | 5.6 |
| 36 | Furniture; manufacturing n.e.c. | 29.97 | 139.6 | 125.3 | 131.5 | 113.3 | -10.2 | -13.8 |
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| 10 | Mining & Quarrying | 141.57 | 146.4 | 145.8 | 125.5 | 124.5 | -0.4 | -0.8 |
| 15-36 | Manufacturing | 755.27 | 207.3 | 204.8 | 183.3 | 181.9 | -1.2 | -0.8 |
| 40 | Electricity | 103.16 | 164.2 | 173.0 | 155.2 | 164.7 | 5.4 | 6.1 |
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| General Index | 1000 | 194.2 | 193.2 | 172.2 | 172.0 | -0.5 | -0.1 |
| *Industry codes are as per National Industrial Classification 2004 | ||||||||
| STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED | ||||||||||||
| (Base : 2004-05=100) | ||||||||||||
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| Basic goods | Capital goods | Intermediate goods | Consumer goods | Consumer durables | Consumer non-durables | ||||||
| Month | -456.82 | -88.25 | -156.86 | -298.08 | -84.6 | -213.47 | ||||||
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| 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 | 2012- 2013 | 2013- 2014 |
| Apr | 148 | 150 | 207.9 | 207 | 141.8 | 145 | 187.5 | 190.6 | 306.2 | 276.8 | 140.5 | 156.4 |
| May | 155.9 | 156 | 227.3 | 219 | 148.6 | 150 | 187.1 | 174.7 | 310.1 | 253.5 | 138.3 | 143.5 |
| Jun | 151.2 | 148 | 235 | 220 | 145.4 | 147 | 185.8 | 183.1 | 307.2 | 276.1 | 137.7 | 146.2 |
| Jul | 150.6 | 152 | 234 | 271 | 146.3 | 151 | 183.3 | 182.1 | 307 | 277.6 | 134.3 | 144.2 |
| Aug | 149 | 150 | 250 | 245 | 146.4 | 152 | 173.3 | 171.7 | 280.7 | 257.4 | 130.7 | 137.8 |
| Sept | 144 | 154 | 248.7 | 232 | 142.1 | 148 | 177.8 | 179.6 | 303.9 | 271.6 | 127.8 | 143.1 |
| Oct | 153.7 | 153 | 241.1 | 247 | 146.7 | 151 | 191.7 | 182.1 | 336.2 | 295.8 | 134.5 | 137 |
| Nov | 149.6 | 154 | 235.4 | 236 | 139.4 | 145 | 184.2 | 167.8 | 301.1 | 235.8 | 137.8 | 140.8 |
| Dec | 160.1 | 165 | 260.7 | 254 | 149.4 | 157 | 200.6 | 191.3 | 273.9 | 229.1 | 171.5 | 176.3 |
| Jan | 162.7 | 167 | 250.5 | 240 | 151.7 | 157 | 207.2 | 206.2 | 285.4 | 261.6 | 176.2 | 184.3 |
| Feb | 150.2 | 156 | 285.5 | 236 | 144.3 | 150 | 200.7 | 192.4 | 289.7 | 262.7 | 165.4 | 164.5 |
| Mar* | 168.6 | 175 | 343.2 | 300 | 158.3 | 159 | 208.4 | 206.5 | 311.2 | 274.4 | 167.6 | 179.6 |
| Average |
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| Apr-Mar | 153.6 | 157 | 251.6 | 242 | 146.7 | 151 | 190.6 | 185.7 | 301.1 | 264.4 | 146.9 | 154.5 |
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| Growth over the corresponding period of previous year |
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| Mar | 3.2 | 4 | 9.6 | -13 | 2.1 | 0.6 | 1.8 | -0.9 | -4.9 | -11.8 | 7.3 | 7.2 |
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| Apr-Mar | 2.4 | 2 | -6 | -4 | 1.6 | 3 | 2.4 | -2.6 | 2 | -12.2 | 2.8 | 5.2 |
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| * Indices for March 2014 are Quick Estimates. | ||||||||||||
| NOTE : Indices for the months of Dec`13 and Feb`14 incorporate updated production data. | ||||||||||||
