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        News and Press Release

        Quick estimates of Index of Industrial Production and Use-Based Index for the month of December, 2017 (base 2011-12=100)

        February 13, 2018

        📋
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        The Quick Estimates of Index of Industrial Production (IIP) with base2011-12 for the month of December 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 December 2017 stands at 130.3, which is 7.1 percent higher as compared to the level in the month of December 2016. The cumulative growth for the period April-December 2017 over the corresponding period of the previous year stands at 3.7 percent.

        3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of December 2017standat115.5, 131.6 and 143.9 respectively, with the corresponding growth rates of 1.2 percent, 8.4 percent and 4.4 percent as compared to December 2016 (Statement I). The cumulative growth in these three sectors during April-December 2017 over the corresponding period of 2016 has been 2.8 percent, 3.8 percent and 5.1 percent respectively.

        4.Interms of industries, sixteen out of the twenty three industry groups (asper 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of December 2017 as compared to the corresponding month of the previous year (Statement II).The industry group ‘Manufacture of other transport equipment’ has shown the highest positive growth of 38.3 percent followed by 33.6 percent in ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ and 29.8 percent in ‘Manufacture of computer, electronic and optical products’. On the other hand, the industry group ‘Manufacture of tobacco products’ has shown the highest negative growth of (-) 28.2 percent followed by (-) 22.3 percent in ‘Other manufacturing’ and (-) 14.9 percent in ‘Manufacture of electrical equipment’.

        5. Asper Use-based classification, the growth rates in December 2017overDecember 2016 are 3.7 percent in Primary goods, 16.4 percent in Capital goods, 6.2 percent in Intermediate goods and 6.7 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 0.9percent and 16.5 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’ (254.1%), ‘API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive’ (250.4%), ‘Ship building and parts thereof’ (144.1%),‘Digestive enzymes and antacids (incl. PPI drugs)’ (88.4%), ‘Meters (electric and non-electric)’ (77.1%),‘Separators including decanter centrifuge’ (67.8%), ‘Axle’ (48.7%), ‘Commercial Vehicles’ (40.6%), ‘Two-wheelers (motorcycles/ scooters)’ (36.0%) and ‘Cement- all types’ (20.4%).

        7.Someimportant item groups that have registered high negative growth include ‘Electric heaters’ [(-) 91.8%], ‘Jewellery of gold (studded with stones or not)’ [(-) 72.1%], ‘Hand Tools incl. interchangeable tools, not mechanised’ [(-) 63.2%], ‘Other tobacco products’ [(-) 50.0%], ‘Plastic jars, bottles and containers’ [(-)38.1%],‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 35.6%], ‘Medical/ surgical accessories’ [(-) 34.3%], Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 28.3%], ‘Material handling, lifting and hoisting equipment’ [(-) 27.7%], ‘Paper of all kinds excluding newsprint’ [(-) 26.8%], ‘Telephones and mobile instruments’ [(-) 25.7%] and ‘Readymade Garments, knitted’ [(-) 22.5%].

        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

        2.2520

        Cement- all types

        2.16

        0.4127

        Electricity

        7.99

        0.4010

        Diesel

        5.71

        0.3853

        Two-wheelers (motorcycles/ scooters)

        1.36

        0.3364

        High Negative Contributors

        Electric heaters

        0.25

        -0.4577

        Jewellery of gold (studded with stones or not)

        0.44

        -0.3199

        Other tobacco products

        0.24

        -0.1913

        Readymade Garments, knitted

        0.23

        -0.1625

        Medical/ surgical accessories

        0.35

        -0.1217

        9. Along with the Quick Estimates of IIP for the month of December 2017, the indices for November 2017have undergone the first revision and those for September 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 December 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 indexforJanuary 2018will be on Monday, 12March 2018.
        3. Press release in Hindi follows and shall be available at:

        http://mospi.nic.in/hi

        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

        94.4

        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

        128.1

        134.9

        140.1

        115.9

        126.1

        Dec*

        114.1

        115.5

        121.4

        131.6

        137.8

        143.9

        121.7

        130.3

        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-Dec

        97.5

        100.2

        119.5

        124.0

        142.5

        149.7

        118.2

        122.6

         

         

         

         

         

         

         

         

         

        Growth over the corresponding period of previous year

         

         

         

         

         

         

         

         

         

         

         

         

         

        Dec*

        10.8

        1.2

        0.6

        8.4

        6.4

        4.4

        2.4

        7.1

         

         

         

         

         

         

         

         

         

        Apr-Dec

        4.3

        2.8

        5.0

        3.8

        6.3

        5.1

        5.1

        3.7

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        * Indices for Dec 2017 are Quick Estimates.

         

         

         

         

         

        NOTE : Indices for the months of Sep'17 and Nov'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

         

         

        Dec'16

        Dec'17*

        Apr-Dec

        Dec'17*

        Apr-Dec

        (NIC 2008)

         

         

         

         

        2016-17

        2017-18

         

        2017-18

        10

        Manufacture of food products

        5.3025

        118.2

        131.7

        96.5

        100.7

        11.4

        4.4

        11

        Manufacture of beverages

        1.0354

        95.2

        101.5

        106.9

        102.7

        6.6

        -3.9

        12

        Manufacture of tobacco products

        0.7985

        118.4

        85.0

        111.9

        96.6

        -28.2

        -13.7

        13

        Manufacture of textiles

        3.2913

        114.0

        120.2

        117.5

        116.4

        5.4

        -0.9

        14

        Manufacture of wearing apparel

        1.3225

        159.6

        138.1

        148.0

        132.6

        -13.5

        -10.4

        15

        Manufacture of leather and related products

        0.5021

        107.8

        125.5

        121.3

        122.8

        16.4

        1.2

        16

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

        0.1930

        97.8

        98.9

        92.1

        91.7

        1.1

        -0.4

        17

        Manufacture of paper and paper products

        0.8724

        111.4

        108.2

        115.2

        109.4

        -2.9

        -5.0

        18

        Printing and reproduction of recorded media

        0.6798

        118.9

        106.1

        106.0

        101.8

        -10.8

        -4.0

        19

        Manufacture of coke and refined petroleum products

        11.7749

        124.3

        131.3

        118.8

        122.4

        5.6

        3.0

        20

        Manufacture of chemicals and chemical products

        7.8730

        112.8

        119.0

        115.9

        114.9

        5.5

        -0.9

        21

        Manufacture of pharmaceuticals, medicinal chemical and botanical products

        4.9810

        172.6

        230.6

        164.2

        207.2

        33.6

        26.2

        22

        Manufacture of rubber and plastics products

        2.4222

        122.9

        114.2

        121.3

        111.2

        -7.1

        -8.3

        23

        Manufacture of other non-metallic mineral products

        4.0853

        103.8

        118.7

        110.1

        110.5

        14.4

        0.4

        24

        Manufacture of basic metals

        12.8043

        133.2

        139.7

        129.2

        135.3

        4.9

        4.7

        25

        Manufacture of fabricated metal products, except machinery and equipment

        2.6549

        111.3

        117.0

        104.3

        103.7

        5.1

        -0.6

        26

        Manufacture of computer, electronic and optical products

        1.5704

        106.5

        138.2

        125.4

        145.9

        29.8

        16.3

        27

        Manufacture of electrical equipment

        2.9983

        129.9

        110.5

        125.4

        106.6

        -14.9

        -15.0

        28

        Manufacture of machinery and equipment n.e.c.

        4.7653

        114.4

        126.0

        110.0

        115.7

        10.1

        5.2

        29

        Manufacture of motor vehicles, trailers and semi-trailers

        4.8573

        90.9

        114.4

        100.4

        110.5

        25.9

        10.1

        30

        Manufacture of other transport equipment

        1.7763

        83.6

        115.6

        119.0

        133.0

        38.3

        11.8

        31

        Manufacture of furniture

        0.1311

        182.6

        224.2

        174.1

        180.7

        22.8

        3.8

        32

        Other manufacturing

        0.9415

        121.7

        94.6

        119.4

        109.6

        -22.3

        -8.2

         

         

         

         

         

         

         

         

         

        05

        Mining

        14.3725

        114.1

        115.5

        97.5

        100.2

        1.2

        2.8

        10-32

        Manufacturing

        77.6332

        121.4

        131.6

        119.5

        124.0

        8.4

        3.8

        35

        Electricity

        7.9943

        137.8

        143.9

        142.5

        149.7

        4.4

        5.1

         

         

         

         

         

         

         

         

         

         

        General Index

        100.00

        121.7

        130.3

        118.2

        122.6

        7.1

        3.7

        * Figures for Dec 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

        107.6

        121.2

        123.8

        124.7

        125.3

        135.4

        129.9

        123.9

        136.9

        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

        120.8

        98.7

        108.6

        117.7

        125.3

        113.7

        129.5

        118.3

        122.1

        120.5

        148.7

        Dec*

        123.3

        127.9

        97.3

        113.3

        121.9

        129.5

        125.8

        134.2

        116.8

        117.8

        131.3

        152.9

        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-Dec

        115.5

        119.6

        98.1

        101.8

        121.0

        123.0

        123.6

        128.9

        123.4

        121.9

        123.1

        135.8

         

         

         

         

         

         

         

         

         

         

         

         

         

        Growth over the corresponding period of previous year

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Dec*

        7.4

        3.7

        -6.2

        16.4

        2.1

        6.2

        5.5

        6.7

        -5.0

        0.9

        -0.2

        16.5

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr-Dec

        5.4

        3.5

        3.4

        3.8

        3.4

        1.7

        5.1

        4.3

        4.8

           
         

        * Indices for Dec 2017 are Quick Estimates.

        NOTE : Indices for the months of Sep'17 and Nov'17 incorporate updated production data.

        Industrial production growth: general index rose year on year, driven by manufacturing and capital goods expansion. Quick Estimates of the Index of Industrial Production (base 2011-12) for December 2017 show a year on year rise in the General Index driven mainly by Manufacturing, with sectoral indices for Mining, Manufacturing and Electricity reported alongside 2 digit NIC breakdowns and use based classifications; the release lists high positive and negative item contributors by weight and records revisions to earlier months, with detailed statements and the next release date provided on the Ministry website.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Industrial production growth: general index rose year on year, driven by manufacturing and capital goods expansion.

                                Quick Estimates of the Index of Industrial Production (base 2011-12) for December 2017 show a year on year rise in the General Index driven mainly by Manufacturing, with sectoral indices for Mining, Manufacturing and Electricity reported alongside 2 digit NIC breakdowns and use based classifications; the release lists high positive and negative item contributors by weight and records revisions to earlier months, with detailed statements and the next release date provided on the Ministry website.





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