Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 6 2018 2018 (6) This

Quick estimates of index of Industrial Production and Use-Based Index for the month of April, 2018 (Base 2011-12=100)

13-6-2018
  • Contents

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of April 2018 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 April 2018 stands at 123.0, which is 4.9 percent higher as compared to the level in the month of April 2017. The cumulative growth for the period April-March 2017-18 over the corresponding period of the previous year stands at 4.3 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2018 stand at 103.8, 123.4 and 153.7 respectively, with the corresponding growth rates of 5.1 percent, 5.2 percent and 2.1 percent as compared to April 2017 (Statement I). The cumulative growth in these three sectors during April-March 2017-18 over the corresponding period of 2016-17 has been 2.3 percent, 4.5 percent and 5.4 percent respectively.

4. In terms of industries, sixteen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of April 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of computer, electronic and optical products’ has shown the highest positive growth of 27.5 percent followed by 21.9 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’ and 15.7 percent in ‘Manufacture of food products’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 30.7 percent followed by (-) 13.4 percent in ‘Manufacture of wearing apparel’ and (-) 10.3 percent in ‘Printing and reproduction of recorded media’.

5. As per Use-based classification, the growth rates in April 2018 over April 2017 are 3.1 percent in Primary goods, 13.0 percent in Capital goods, 1.6 percent in Intermediate goods and 7.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 4.3 percent and 7.0 percent respectively.

6. Some important item groups showing high positive growth during the current month over the same month in previous year include ‘Sugar’ (156.5%), ‘Construction machine/ equipment (incl. bull-dozers and road rollers)’ (110.4%), ‘Stainless steel utensils’ (101.7%), ‘Commercial Vehicles’ (94.3%), ‘Printed Circuit Boards (whether or not mounted with IC chips /components)’ (69.3%), ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (45.8%), ‘Transformers (Small)’ (45.1%) and ‘Polymers (incl. Polyethylene, PVC, Poly propylene)’ (26.2%).

7. Some important item groups that have registered high negative growth include ‘Jewellery of gold (studded with stones or not)’ [(-) 75.1%], ‘Anti-malarial drugs’ [(-) 65.9%], ‘Air filters’ [(-) 52.2%], ‘Copper bars, rods & wire rods’ [(-) 40.9%], ‘Telephones and mobile instruments’ [(-) 38.4%], ‘Paper of all kinds excluding newsprint’ [(-) 37.8%], ‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 37.6%], ‘Copper electrodes’ [(-) 34.1%], ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 30.0%], ‘Separators including decanter centrifuge’ [(-)25.8%], ‘Pesticides-technical grade’ [(-) 24.9%] and ‘Readymade Garments, knitted’ [(-) 20.6%].

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 Positive Contributors

Mining

14.37

0.6126

Scientific instruments/ apparatus for drawing, calculating and measurement

0.04

0.5126

Commercial Vehicles

0.94

0.4686

Sugar

0.76

0.4088

Cement- all types

2.16

0.3836

High Negative Contributors

Jewellery of gold (studded with stones or not)

0.44

-0.4452

Copper bars, rods & wire rods

0.64

-0.2672

Telephones and mobile instruments

0.19

-0.1641

Readymade Garments, knitted

0.23

-0.1363

Air filters

0.19

-0.1345

9. Along with the Quick Estimates of IIP for the month of April 2018, the indices for March 2018 have undergone the first revision and those for January 2018 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 April 2018, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed. 

Note: -

  1. This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
  2. Release of the index for May 2018 will be on Thursday, 12 July 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

(14.372472)

(77.63321)

(7.994318)

(100)

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

Apr*

95.9

98.8

103.8

114.0

117.3

123.4

142.9

150.6

153.7

113.7

117.3

123.0

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

100.8

 

121.3

123.7

 

145.1

149.8

 

120.3

122.5

 

Nov

106.2

107.7

 

115.7

127.7

 

134.9

140.1

 

115.9

125.8

 

Dec

114.1

115.5

 

121.4

132.0

 

137.8

143.9

 

121.7

130.6

 

Jan

114.4

114.7

 

123.1

133.8

 

138.9

149.5

 

123.1

132.3

 

Feb

110.5

110.1

 

119.7

129.9

 

130.2

136.1

 

119.2

127.5

 

Mar

127.7

131.6

 

132.7

138.9

 

147.9

156.7

 

133.2

139.3

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

102.5

104.9

--

121.0

126.5

--

141.6

149.2

--

120.0

125.2

--

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr

6.7

3.0

5.1

4.9

2.9

5.2

14.4

5.4

2.1

6.0

3.2

4.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

5.3

2.3

--

4.4

4.5

--

5.8

5.4

--

4.6

4.3

--

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for Apr 2018 are Quick Estimates.

NOTE : Indices for the months of Jan'18 and Mar'18 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

 

 

Apr'17

 

Apr'18*

 

Apr-Mar

Apr'18*

Apr-Mar

 

 

 

2016-17

2017-18

 

2017-18

10

Manufacture of food products

5.3025

91.5

105.9

98.9

107.2

15.7

8.4

11

Manufacture of beverages

1.0354

112.2

116.8

106.3

105.4

4.1

-0.8

12

Manufacture of tobacco products

0.7985

73.6

77.2

115.9

95.2

4.9

-17.9

13

Manufacture of textiles

3.2913

116.0

114.2

117.4

116.9

-1.6

-0.4

14

Manufacture of wearing apparel

1.3225

155.5

134.6

151.7

135.2

-13.4

-10.9

15

Manufacture of leather and related products

0.5021

131.4

128.8

122.3

124.0

-2.0

1.4

16

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

0.1930

86.1

89.8

93.1

92.2

4.3

-1.0

17

Manufacture of paper and paper products

0.8724

110.5

107.5

114.0

108.8

-2.7

-4.6

18

Printing and reproduction of recorded media

0.6798

98.6

88.4

106.0

99.7

-10.3

-5.9

19

Manufacture of coke and refined petroleum products

11.7749

116.3

117.4

119.1

123.5

0.9

3.7

20

Manufacture of chemicals and chemical products

7.8730

108.6

112.9

116.5

116.1

4.0

-0.3

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

182.2

196.2

172.3

212.6

7.7

23.4

22

Manufacture of rubber and plastics products

2.4222

117.8

105.8

120.5

110.6

-10.2

-8.2

23

Manufacture of other non-metallic mineral products

4.0853

110.6

122.9

109.9

113.8

11.1

3.5

24

Manufacture of basic metals

12.8043

131.1

136.2

130.6

138.0

3.9

5.7

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

94.0

101.3

105.5

107.8

7.8

2.2

26

Manufacture of computer, electronic and optical products

1.5704

116.5

148.5

126.7

148.5

27.5

17.2

27

Manufacture of electrical equipment

2.9983

98.1

103.2

122.6

107.2

5.2

-12.6

28

Manufacture of machinery and equipment n.e.c.

4.7653

101.1

109.7

114.1

120.5

8.5

5.6

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

99.7

121.5

101.7

114.5

21.9

12.6

30

Manufacture of other transport equipment

1.7763

124.8

142.1

117.5

133.9

13.9

14.0

31

Manufacture of furniture

0.1311

169.5

186.9

176.2

197.3

10.3

12.0

32

Other manufacturing

0.9415

138.9

96.2

125.6

106.8

-30.7

-15.0

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

98.8

103.8

102.5

104.9

5.1

2.3

10-32

Manufacturing

77.6332

117.3

123.4

121.0

126.5

5.2

4.5

35

Electricity

7.9943

150.6

153.7

141.6

149.2

2.1

5.4

 

 

 

 

 

 

 

 

 

 

General Index

100.00

117.3

123.0

120.0

125.2

4.9

4.3

* Figures for Apr 2018 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

(34.048612)

(8.223043)

(17.221487)

(12.338363)

(12.839296)

(15.329199)

 

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

2016-17

2017-18

2018-19

Apr*

113.1

116.5

120.1

93.4

88.9

100.5

115.4

119.6

121.5

119.6

125.2

134.6

120.6

119.7

124.8

113.5

123.5

132.2

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

97.6

 

122.3

122.6

 

124.8

132.0

 

130.7

119.0

 

122.1

132.1

 

Nov

117.0

120.9

 

98.7

104.3

 

117.7

125.4

 

113.7

129.3

 

118.3

122.0

 

120.5

149.1

 

Dec

123.3

128.0

 

97.3

110.1

 

121.9

131.0

 

125.8

134.0

 

116.8

119.3

 

131.3

153.4

 

Jan

122.0

129.2

 

98.8

111.1

 

123.9

130.6

 

128.7

138.3

 

116.7

125.6

 

138.5

153.3

 

Feb

115.2

119.5

 

101.9

121.8

 

120.7

124.6

 

122.6

138.0

 

115.4

124.0

 

136.5

146.5

 

Mar

132.5

136.5

 

134.7

127.0

 

134.1

137.2

 

135.6

147.7

 

128.2

133.4

 

135.4

152.6

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

117.5

121.8

--

101.5

105.5

--

122.3

125.1

--

125.0

132.0

--

122.6

123.4

--

126.5

139.7

--

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr

12.6

3.0

3.1

9.2

-4.8

13.0

-0.3

3.6

1.6

0.8

4.7

7.5

9.3

-0.7

4.3

0.2

8.8

7.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

4.9

3.7

--

3.2

3.9

--

3.3

2.3

--

3.9

5.6

--

2.9

0.7

--

7.9

10.4

--

* Indices for Apr 2018 are Quick Estimates.

NOTE : Indices for the months of Jan'18 and Mar'18 incorporate updated production data.

 

Quick Updates:Latest Updates