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Quick estimates of Index of Industrial Production and use-based Index for the month of November, 2017 (Base 2011-12=100)

January 13, 2018

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The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 2017 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 14 source agencies viz. (i) Department of Industrial Policy&Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum&Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals & Petrochemicals; (viii) Directorate of Sugar & Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; and (xiv) Coffee Board.

2. The General Index for the month of November 2017 stands at 125.6, which is 8.4 percent higher as compared to the level in the month of November 2016. The cumulative growth for the period April-November 2017 over the corresponding period of the previous year stands at 3.2 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2017 stand at 107.4, 127.5 and 140.1 respectively, with the corresponding growth rates of 1.1 percent, 10.2 percent and 3.9 percent as compared to November 2016 (Statement I). The cumulative growth in these three sectors during April-November 2017 over the corresponding period of 2016has been 3.0 percent, 3.1 percent and 5.2 percent respectively.

4.In terms of industries, fifteen out of the twenty three industry groups (asper 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of November 2017 as compared to the corresponding month of the previous year (Statement II).The industry group ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ has shown the highest positive growth of 39.5 percent followed by 29.1 percent in ‘Manufacture of computer, electronic and optical products’ and 22.6 percent in ‘Manufacture of other transport equipment’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 15.9 percent followed by (-) 13.1 percent in ‘Manufacture of wearing apparel’ and (-) 11.2 percent in ‘Manufacture of electrical equipment’.

5. As per Use-based classification, the growth rates in November 2017overNovember 2016 are 3.2 percent in Primary goods, 9.4 percent in Capital goods, 5.5 percent in Intermediate goods and 13.5 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 2.5percent and 23.1 percent respectively.

6. Some important item groups showing high positive growth during the current month over the same month in previous year include ‘Bodies of trucks, lorries and trailers’ (202.0%), ‘Digestive enzymes and antacids (incl. PPI drugs)’ (110.7%), ‘Separators including decanter centrifuge’ (71.4%), ‘Axle’ (61.9%), ‘Stainless Steel utensils’ (55.5%), ‘Sugar’ (46.4%), ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (40.9%), ‘HR coils and sheets  of mild steel’ (37.2%), ‘HR plates of mild steel’ (22.8%) and ‘Two-wheelers (motorcycles/ scooters)’ (20.7%).

7.Someimportant item groups that have registered high negative growth include ‘Jewellery of gold (studded with stones or not)’ [(-) 68.7%], ‘Anti-malarial drug’ [(-) 66.4%], ‘Hand Tools incl. interchangeable tools, not mechanised’ [(-) 51.8%], ‘Plastic jars, bottles and containers’ [(-)43.9%],‘Printing Machinery’ [(-) 40.4%], ‘Electric heaters’ [(-) 37.1%], ‘Purified Terephthalic Acid (PTA)’ [(-) 27.7%], ‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 24.8%], ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 23.0%], ‘Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches,control/ meter panel)’ [(-) 22.6%], ‘Readymade Garments, knitted’ [(-) 21.6%], ‘Generators / Alternators’ [(-) 21.6%] and‘Tooth Paste’ [(-) 20.2%].

8. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below:

Item Group

Weights (%)

Contribution to IIP Growth

High PositiveContributors

Digestive enzymes and antacids (incl. PPI drugs)

0.22

2.5497

HR coils and sheets  of mild steel

1.35

0.5365

Electricity

7.99

0.3587

Cement- all types

2.16

0.3565

Sugar

0.76

0.3276

High Negative Contributors

Jewellery of gold (studded with stones or not)

0.44

-0.2707

Electric heaters

0.25

-0.1934

Anti-pyretic, analgesic/anti-inflammatory API & formulations

0.45

-0.1908

Printing machinery

0.46

-0.1738

Catalyst, chemical

0.04

-0.1399

 

9. Along with the Quick Estimates of IIP for the month of November 2017, the indices for October 2017have undergone the first revision and those for August 2017 have undergone the final revision in the light of the updated data received from the source agencies.

10. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of November 2017, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

 

 

 

 

Note: -

1.    This Pressreleaseinformation is alsoavailable at the Website of the Ministry - http://www.mospi.nic.in

2.    Release of the indexforDecember 2017willbeonMonday, 12February 2018.

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL

(Base : 2011-12=100)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Month

Mining

Manufacturing

Electricity

General

(14.3725)

(77.6332)

(7.9943)

(100)

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

Apr

95.9

98.8

114.0

117.3

142.9

150.6

113.7

117.3

May

101.4

101.7

122.4

125.6

146.0

158.1

121.3

124.8

Jun

98.4

98.5

121.1

120.3

144.3

147.4

119.7

119.3

Jul

88.4

92.4

119.4

119.3

142.5

151.9

116.8

118.0

Aug

84.7

92.6

119.6

124.1

143.5

155.4

116.5

122.1

Sep

87.7

94.5

121.0

125.6

145.6

150.5

118.2

123.1

Oct

101.0

100.9

121.3

124.0

145.1

149.8

120.3

122.7

Nov*

106.2

107.4

115.7

127.5

134.9

140.1

115.9

125.6

Dec

114.1

 

121.4

 

137.8

 

121.7

 

Jan

114.4

 

123.1

 

138.9

 

123.1

 

Feb

110.5

 

119.7

 

130.2

 

119.2

 

Mar

127.7

 

132.7

 

147.9

 

133.2

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Nov

95.5

98.4

119.3

123.0

143.1

150.5

117.8

121.6

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nov*

8.1

1.1

4.0

10.2

9.5

3.9

5.1

8.4

 

 

 

 

 

 

 

 

 

Apr-Nov

3.5

3.0

5.7

3.1

6.3

5.2

5.5

3.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for Nov 2017 are Quick Estimates.

 

 

 

 

 

NOTE : Indices for the months of Aug'17 and Oct'17 incorporate updated production data.

 

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)

(Base: 2011-12=100)

Industry

Description

Weight

Index

Cumulative Index

Percentage growth

code

 

 

Nov'16

Nov'17*

Apr-Nov

Nov'17*

Apr-Nov

(NIC 2008)

 

 

 

 

2016-17

2017-18

 

2017-18

10

Manufacture of food products

5.3025

103.2

121.6

93.8

96.7

17.8

3.1

11

Manufacture of beverages

1.0354

91.1

95.8

108.4

102.8

5.2

-5.2

12

Manufacture of tobacco products

0.7985

104.7

99.0

111.1

97.9

-5.4

-11.9

13

Manufacture of textiles

3.2913

114.0

115.6

117.9

115.7

1.4

-1.9

14

Manufacture of wearing apparel

1.3225

127.0

110.4

146.6

132.2

-13.1

-9.8

15

Manufacture of leather and related products

0.5021

110.5

118.5

123.0

122.7

7.2

-0.2

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

83.9

91.3

91.4

90.8

8.8

-0.7

17

Manufacture of paper and paper products

0.8724

105.4

105.3

115.7

109.6

-0.1

-5.3

18

Printing and reproduction of recorded media

0.6798

106.0

101.3

104.4

101.2

-4.4

-3.1

19

Manufacture of coke and refined petroleum products

11.7749

117.2

122.8

118.1

121.3

4.8

2.7

20

Manufacture of chemicals and chemical products

7.8730

111.1

117.3

116.3

114.3

5.6

-1.7

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

160.6

224.1

163.2

204.1

39.5

25.1

22

Manufacture of rubber and plastics products

2.4222

119.4

110.5

121.1

111.0

-7.5

-8.3

23

Manufacture of other non-metallic mineral products

4.0853

101.0

110.8

110.9

109.5

9.7

-1.3

24

Manufacture of basic metals

12.8043

120.7

136.5

128.7

134.8

13.1

4.7

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

98.6

107.6

103.5

101.9

9.1

-1.5

26

Manufacture of computer, electronic and optical products

1.5704

113.9

147.1

127.8

146.7

29.1

14.8

27

Manufacture of electrical equipment

2.9983

129.2

114.7

124.8

105.9

-11.2

-15.1

28

Manufacture of machinery and equipment n.e.c.

4.7653

112.4

118.8

109.4

114.2

5.7

4.4

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

102.0

120.2

101.6

109.8

17.8

8.1

30

Manufacture of other transport equipment

1.7763

110.4

135.3

123.5

135.2

22.6

9.5

31

Manufacture of furniture

0.1311

196.3

188.3

173.1

172.0

-4.1

-0.6

32

Other manufacturing

0.9415

102.8

86.5

119.1

111.3

-15.9

-6.5

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

106.2

107.4

95.5

98.4

1.1

3.0

10-32

Manufacturing

77.6332

115.7

127.5

119.3

123.0

10.2

3.1

35

Electricity

7.9943

134.9

140.1

143.1

150.5

3.9

5.2

 

 

 

 

 

 

 

 

 

 

General Index

100.00

115.9

125.6

117.8

121.6

8.4

3.2

* Figures for Nov 2017 are Quick Estimates.

 

 

 

 

 

 

 

 

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED

(Base :2011-12=100)

 

Primary goods

Capital goods

Intermediate goods

Infrastructure/ Construction goods

Consumer durables

Consumer non-durables

Month

(34.0486)

(8.2230)

(17.2215)

(12.3384)

(12.8393)

(15.3292)

 

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

2016-17

2017-18

Apr

113.1

116.5

93.4

88.9

115.4

119.6

119.6

125.2

120.6

119.7

113.5

123.5

May

117.6

122.0

101.3

99.7

122.5

123.3

130.9

130.8

124.3

125.1

128.4

140.9

Jun

116.7

116.4

106.3

99.8

121.5

120.0

128.9

130.2

121.9

117.6

122.3

128.2

Jul

113.2

115.7

97.6

96.5

123.2

119.8

119.5

124.6

119.9

117.0

123.3

128.3

Aug

110.0

117.8

94.8

101.7

123.6

123.0

124.9

128.3

122.8

128.1

122.6

131.4

Sep

109.8

117.0

99.0

107.1

121.2

123.8

124.7

125.2

135.4

130.8

123.9

136.6

Oct

119.2

122.1

94.3

100.5

122.3

122.6

124.8

131.7

130.7

119.5

122.1

131.8

Nov*

117.0

120.7

98.7

108.0

117.7

124.2

113.7

129.1

118.3

121.2

120.5

148.3

Dec

123.3

 

97.3

 

121.9

 

125.8

 

116.8

 

131.3

 

Jan

122.0

 

98.8

 

123.9

 

128.7

 

116.7

 

138.5

 

Feb

115.2

 

101.9

 

120.7

 

122.6

 

115.4

 

136.5

 

Mar

132.5

 

134.7

 

134.1

 

135.6

 

128.2

 

135.4

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Nov

114.6

118.5

98.2

100.3

120.9

122.0

123.4

128.1

124.2

122.4

122.1

133.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nov*

5.5

3.2

5.3

9.4

5.7

5.5

3.9

13.5

6.8

2.5

3.3

23.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Nov

5.1

3.4

4.7

2.1

3.6

0.9

5.0

3.8

6.1

-1.4

8.7

9.4

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for Nov 2017 are Quick Estimates. 

NOTE : Indices for the months of Aug'17 and Oct'17 incorporate updated production data.

Topics

Acts Income Tax