The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of August 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 August 2014 stands at 166.1, which is 0.4% higher as compared to the level in the month of August 2013. The cumulative growth for the period April-August 2014-15 over the corresponding period of the previous year stands at 2.8%.

 3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2014 stand at 116.6, 172.9 and 184.1 respectively, with the corresponding growth rates of 2.6%, (-) 1.4% and 12.9% as compared to August 2013 (Statement I). The cumulative growth in the three sectors during April-August 2014-15 over the corresponding period of 2013-14 has been 2.5%, 1.8% and 11.7% respectively.

 4. In terms of industries, eleven (11) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of August 2014 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Basic metals’ has shown the highest positive growth of 19.1%, followed by 14.3% in ‘Other transport equipment’ and 10.9% in ‘Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products’. On the other hand, the industry group ‘Radio, TV and communication equipment & apparatus’ has shown the highest negative growth of (-) 48.8%, followed by (-) 43.9% in ‘Office, accounting & computing machinery’ and (-) 17.8% in ‘Electricity machinery & apparatus .e.c.’.

 5. As per Use-based classification, the growth rates in August 2014 over August 2013 are 9.6% in Basic goods, (-) 11.3% in Capital goods and 0.3% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 15.0% and (-) 0.9% respectively, with the overall growth in Consumer goods being (-) 6.9%.

 6. Some of the important items showing high positive growth during the current month over the same month in previous year include ‘Stainless/ alloy steel’ (160.8%), ‘Sealed compressors’ (121.1%), ‘Air Conditioner (Room)’ (80.1%),  ‘Plastic Machinery Incl. Moulding Machinery’ (59.4%), ‘Rice’ (56.7%), ‘Scooter and Mopeds’ (32.1%), ‘Three-Wheelers (including passenger & goods carrier)’ (31.3%) and  ‘Fasteners (Excl. Zip-Fasteners)’ (25.1%).

7. Some of the other important items showing high negative growth are: ‘Telephone Instruments (incl. Mobile Phones & Accessories)’ [(-) 57.2%], ‘Generator/ Alternator’ [(-) 51.3%], ‘Computers’ [(-) 49.5%], ‘Marble Tiles/ Slabs’ [(-) 44.0%], ‘Polythene Bags Incl. HDPE & LDPE Bags’ [(-) 42.3%], ‘Aluminium Conductor’ [(-) 37.2%], ‘Sugar Machinery’ [(-) 33.6%],  ‘Boilers’ [(-) 32.0%], ‘Sugar’ [(-) 30.8%], ‘Antibiotics & Its Preparations’ [(-) 23.8%], ‘Cable, Rubber Insulated’ [(-) 23.7%], ‘Steel Structures’ [(-) 22.6%] and ‘Fuel, Aviation Turbine’ [(-) 21.8%].

8. Along with the Quick Estimates of IIP for the month of August 2014, the indices for July 2014 have undergone the first revision and those for May 2014 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 July 2014 shall undergo final (second) revision along with the release of IIP for the month of October 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 August 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)
	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015
Apr	120.5	122.6	176.1	181.4	159.1	178.1	166.5	172.7
May	122.3	125.3	173.3	183.5	172.4	183.9	166.0	175.3
Jun	116.5	121.8	175.0	179.3	157.0	181.6	164.9	171.4
Jul	116.1	117.5	182.7	180.8	164.5	183.8	171.4	172.1
Aug*	113.6	116.6	175.4	172.9	163.1	184.1	165.4	166.1
Sep	115.2		177.1		169.0		167.5
Oct	118.8		180.1		162.6		169.6
Nov	123.7		171.8		158.5		163.6
Dec	135.9		189.0		169.4		179.5
Jan	139.2		194.1		171.1		184.0
Feb	127.5		183.3		156.7		172.7
Mar	147.2		204.7		173.0		193.3
Average
Apr-Aug	117.8	120.8	176.5	179.6	163.2	182.3	166.8	171.5
Growth over the corresponding period of previous year
Aug	-0.9	2.6	-0.2	-1.4	7.2	12.9	0.4	0.4
Apr-Aug	-3.6	2.5	-0.1	1.8	4.5	11.7	0.0	2.8

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)
(Base: 2004-05=100)
Industry	Description	Weight	Index		Cumulative Index		Percentage growth
code			Aug`13	Aug`14	Apr-Aug		Aug`14	Apr-Aug
					2013-14	2014-15		2014-15
15	Food products and beverages	72.76	115.0	124.8	140.8	150.3	8.5	6.7
16	Tobacco products	15.70	105.3	111.2	99.4	105.8	5.6	6.4
17	Textiles	61.64	155.8	153.2	147.7	152.1	-1.7	3.0
18	Wearing apparel; dressing and dyeing of fur	27.82	158.8	142.7	177.4	162.0	-10.1	-8.7
19	Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products	5.82	122.0	135.3	133.6	144.8	10.9	8.4
20	Wood and products of wood & cork except furniture; articles of straw & plating materials	10.51	145.1	151.2	143.9	145.0	4.2	0.8
21	Paper and paper products	9.99	139.1	145.2	138.5	140.9	4.4	1.7
22	Publishing, printing & reproduction of recorded media	10.78	188.9	177.4	186.6	175.7	-6.1	-5.8
23	Coke, refined petroleum products & nuclear fuel	67.15	149.1	142.3	142.0	138.9	-4.6	-2.2
24	Chemicals and chemical products	100.59	145.1	137.4	137.7	138.3	-5.3	0.4
25	Rubber and plastics products	20.25	175.1	184.3	183.7	189.9	5.3	3.4
26	Other non-metallic mineral products	43.14	150.7	157.6	158.4	170.9	4.6	7.9
27	Basic metals	113.35	187.6	223.4	188.0	214.1	19.1	13.9
28	Fabricated metal products, except machinery & equipment	30.85	181.8	164.2	170.3	169.0	-9.7	-0.8
29	Machinery and equipment n.e.c.	37.63	178.9	188.1	205.5	217.1	5.1	5.6
30	Office, accounting & computing machinery	3.05	112.9	63.3	109.3	64.2	-43.9	-41.3
31	Electrical machinery & apparatus n.e.c.	19.80	456.4	375.3	404.5	492.7	-17.8	21.8
32	Radio, TV and communication equipment & apparatus	9.89	811.2	415.7	792.7	395.9	-48.8	-50.1
33	Medical, precision & optical instruments, watches and clocks	5.67	100.4	102.2	101.5	101.3	1.8	-0.2
34	Motor vehicles, trailers & semi-trailers	40.64	224.6	219.9	227.1	218.2	-2.1	-3.9
35	Other transport equipment	18.25	232.4	265.7	229.7	257.2	14.3	12.0
36	Furniture; manufacturing n.e.c.	29.97	104.7	104.2	111.7	112.7	-0.5	0.9
10	Mining & Quarrying	141.57	113.6	116.6	117.8	120.8	2.6	2.5
15-36	Manufacturing	755.27	175.4	172.9	176.5	179.6	-1.4	1.8
40	Electricity	103.16	163.1	184.1	163.2	182.3	12.9	11.7
	General Index	1000	165.4	166.1	166.8	171.5	0.4	2.8

*Industry codes are as per National Industrial Classification 2004

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)
	Basic goods		Capital goods		Intermediate goods		Consumer goods		Consumer durables		Consumer non-durables
Month	(456.82)		(88.25)		(156.86)		(298.08)		(84.60)		(213.47)
	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015	2013- 2014	2014- 2015
Apr	150.1	163.0	207.3	235.0	145.3	149.7	190.6	181.5	276.8	255.4	156.4	152.2
May	155.5	167.1	218.8	228.0	150.2	155.5	174.7	182.7	253.5	262.7	143.5	151.0
Jun	148.4	163.2	219.6	270.7	147.3	150.9	183.1	165.4	276.1	211.5	146.2	147.1
Jul	152.1	163.4	271.3	260.8	151.0	155.5	182.1	168.1	277.6	219.7	144.2	147.6
Aug*	150.4	164.9	245.0	217.4	152.0	152.5	171.7	159.9	257.4	218.7	137.8	136.6
Sep	153.6		232.4		148.3		179.6		271.6		143.1
Oct	153.1		247.2		150.6		182.1		295.8		137.0
Nov	153.6		235.6		144.6		167.8		235.8		140.8
Dec	164.9		254.3		157.2		191.3		229.1		176.3
Jan	167.3		240.7		158.2		206.2		261.6		184.2
Feb	156.9		235.3		150.0		190.2		261.2		162.1
Mar	176.3		303.8		160.3		203.9		274.4		175.9
Average
Apr-Aug	151.3	164.3	232.4	242.4	149.2	152.8	180.4	171.5	268.3	233.6	145.6	146.9
Growth over the corresponding period of previous year
Aug	0.9	9.6	-2.0	-11.3	3.8	0.3	-0.9	-6.9	-8.3	-15.0	5.4	-0.9
Apr-Aug	0.3	8.6	0.7	4.3	2.4	2.4	-1.6	-4.9	-11.2	-12.9	6.8	0.9

* Indices for Aug 2014 are Quick Estimates.

NOTE : Indices for the months of May`14 and Jul`14 incorporate updated production data.

Index of Industrial Production shows slight annual growth; sectoral divergence with manufacturing contraction and electricity expansion. Quick estimates of the Index of Industrial Production for August 2014 show a modest year on year rise in the General Index with sectoral divergence: manufacturing contracted for the month while mining and electricity expanded. The release, drawn from sixteen source agencies, provides sectoral and 2 digit NIC 2004 indices and use based classification figures identifying high positive and negative commodity level movements. It also records first and final revisions to recent months' indices based on updated source data, with further revision planned for July alongside October 2014 IIP.