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.

Index of Industrial Production shows broad annual growth driven by manufacturing and strong consumer non durables expansion. Quick estimates for November 2017 show the General Index of Industrial Production at 125.6, a year on year increase of 8.4%, with April-November cumulative growth of 3.2%. Sectoral indices: Manufacturing led annual growth (index 127.5, 10.2%), Electricity (140.1, 3.9%) and Mining (107.4, 1.1%), while fifteen of twenty three 2 digit manufacturing industries were positive. Use based categories recorded gains-notably Capital, Intermediate and Infrastructure/Construction goods-and the release lists major positive and negative item contributors and updated October and August indices.