Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of January, 2017

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of January, 2017 

(Base 2004-05=100)  The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05

for the month of January 2017 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation(कार्यान्वयन) . IIP is compiled(संकलित) using data received from 15 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; (xiv) Office of Salt Commissioner; and (xv) Coffee Board.

2. The General Index for the month of January 2017 stands at 191.3, which is 2.7 percent higher as compared to the level in the month of January 2016. The cumulative growth for the period April-January 2016-17 over the corresponding(संबंधित) period of the previous year stands at 0.6 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2017 stand at 146.1, 199.2 and 195.6 respectively, with the corresponding growth rates of 5.3 percent, 2.3 percent and 3.9 percent as compared to January 2016 (Statement I). The cumulative(संचयी) growth in these three sectors during April-January 2016-17 over the corresponding period of 2015-16 has been 1.4 percent, (-) 0.2 percent and 5.0 percent respectively.

4. In terms of industries, nine out of the twenty two industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown positive growth during the month of January 2017 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest positive growth of 42.4 percent followed by 21.8 percent in ‘Radio, TV and communication equipment & apparatus’ and 12.4 percent in ‘Basic metals’. On the other hand, the industry group ‘Office, accounting and computing machinery’ has shown the highest negative growth of (-) 16.0 percent followed by (-) 14.8 percent in ‘Food products and beverages’ and (-) 13.4 percent in ‘Other transport equipment’.

5. As per Use-based classification, the growth rates in January 2017 over January 2016 are 5.3 percent in Basic goods, 10.7 percent in Capital goods and (-) 2.3 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 2.9 percent and (-) 3.2 percent respectively, with the overall growth in Consumer goods being (-) 1.0 percent.

6. Some important items showing high positive growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated(विद्युत-रोधित) ’ (282.8%), ‘Fruit Pulp’ (121.5%), ‘Vitamins’ (46.9%), ‘HR Coils/ Skelp’ (40.0%), ‘Telephone Instruments including Mobile Phones and accessories’ (31.7%), ‘Plates’ (27.2%) and ‘Antibiotics and it’s preparations’ (25.9%).

7. Some important items that have registered high negative growth include ‘HR Sheets’ [(-) 39.6%], ‘Ship Building and Repairs’ [(-) 31.9%], ‘Sugar’ [(-) 28.2%], ‘PVC Pipes and Tubes’ [(-) 27.0%], ‘Molasses’ [(-) 26.0%], ‘Leather Garments’      [(-) 24.3%] and ‘Three-Wheelers (including passenger and goods carrier)’            [(-) 24.3%].

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

High Positive Contributors

Cable, Rubber Insulated

0.12

1.2629

H R Coils/Skelp

1.30

0.7077

Mineral index

14.16

0.5551

Telephone Instruments Including Mobile Phone And Accessories

0.22

0.4566

Passenger Cars

1.97

0.4474

High Negative Contributors

sugar(including sugar cubes)

1.52

-1.2357

Cement All Kinds

2.41

-0.4252

Gems And Jewellery

1.77

-0.2439

Leather Garments

0.75

-0.1242

Rice

0.66

-0.1229

9. Along with the Quick Estimates of IIP for the month of January 2017, the indices for December 2016 have undergone the first revision and those for October 2016 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 December 2016 may undergo final (second) revision along with the release of IIP for the month of March 2017.

10. 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 January 2017, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

Note: -

This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in

Release of the index for February 2017 will be on Wednesday, 12 April 2017.

Press release in Hindi follows and shall be available at:

http:// mospi.nic.in/hi

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL

(Base : 2004-05=100)

Month

Mining

Manufacturing

Electricity

General

(141.57)

(755.27)

(103.16)

(1000.00)

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

Apr

121.9

122.7

188.5

181.7

177.2

203.0

177.9

175.5

May

127.9

130.1

187.3

188.7

195.0

204.2

179.7

182.0

Jun

121.6

128.0

189.5

191.4

183.7

198.9

179.3

183.2

Jul

117.7

118.7

190.9

184.2

190.3

193.3

180.5

175.9

Aug

120.2

113.1

184.8

184.3

194.4

194.6

176.6

175.3

Sep

119.3

115.2

186.9

188.7

195.7

200.4

178.2

179.5

Oct

130.8

129.6

188.1

183.5

201.6

203.9

181.4

178.0

Nov

130.8

135.7

171.7

181.1

175.6

191.2

166.3

175.7

Dec

137.3

144.8

193.1

189.9

183.2

194.7

184.2

184.0

Jan*

138.8

146.1

194.8

199.2

188.3

195.6

186.2

191.3

Feb

136.1

193.9

181.9

184.5

Mar

149.5

208.1

197.2

198.7

Average

Apr-Jan

126.6

128.4

187.6

187.3

188.5

198.0

179.0

180.0

Growth over the corresponding period of previous year 

Jan

1.5

5.3

-2.9

2.3

6.6

3.9

-1.6

2.7

Apr-Jan

2.1

1.4

2.5

-0.2

4.7

5.0

2.7

0.6

* Indices for Jan 2017 are Quick Estimates.

NOTE : Indices for the months of Oct'16 and Dec'16 incorporate updated production data.

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

(Base: 2004-05=100)

Industry

Description

Weight

Index      

Cumulative Index

Percentage growth

code

Jan'16

Jan'17

Apr-Jan

Jan'17

Apr-Jan

2015-16

2016-17

2016-17

15

Food products and beverages

72.76

232.5

198.2

157.4

149.5

-14.8

-5.0

16

Tobacco products

15.70

124.2

127.5

106.7

107.2

2.7

0.5

17

Textiles

61.64

162.5

162.0

155.8

157.7

-0.3

1.2

18

Wearing apparel; dressing and dyeing of fur

27.82

216.9

237.6

188.4

183.5

9.5

-2.6

19

Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products

5.82

140.2

121.7

146.1

133.3

-13.2

-8.8

20

Wood and products of wood & cork except furniture; articles of straw & plating materials

10.51

151.1

134.7

153.9

148.0

-10.9

-3.8

21

Paper and paper products

9.99

148.7

143.0

146.8

146.8

-3.8

0.0

22

Publishing, printing & reproduction of recorded media

10.78

155.9

158.5

160.8

158.4

1.7

-1.5

23

Coke, refined petroleum products & nuclear fuel

67.15

163.6

163.2

151.1

161.5

-0.2

6.9

24

Chemicals and chemical products

100.59

139.8

150.1

143.4

146.9

7.4

2.4

25

Rubber and plastics products

20.25

190.3

179.5

188.1

190.4

-5.7

1.2

26

Other non-metallic mineral products

43.14

182.3

161.6

167.2

166.4

-11.4

-0.5

27

Basic metals

113.35

223.4

251.0

223.3

238.9

12.4

7.0

28

Fabricated metal products, except machinery & equipment

30.85

182.4

175.1

177.5

177.3

-4.0

-0.1

29

Machinery and equipment n.e.c.

37.63

233.5

232.9

218.2

232.3

-0.3

6.5

30

Office, accounting & computing machinery

3.05

44.3

37.2

64.2

57.3

-16.0

-10.7

31

Electrical machinery & apparatus n.e.c.

19.80

284.0

404.5

480.0

293.4

42.4

-38.9

32

Radio, TV and communication equipment & apparatus

9.89

353.1

430.2

349.9

396.8

21.8

13.4

33

Medical, precision & optical instruments, watches and clocks

5.67

98.1

98.4

98.4

97.4

0.3

-1.0

34

Motor vehicles, trailers & semi-trailers

40.64

251.4

272.2

237.7

252.4

8.3

6.2

35

Other transport equipment

18.25

265.9

230.4

265.7

272.0

-13.4

2.4

36

Furniture; manufacturing n.e.c.

29.97

174.6

156.2

173.3

164.0

-10.5

-5.4

10

Mining & Quarrying

141.57

138.8

146.1

126.6

128.4

5.3

1.4

15-36

Manufacturing

755.27

194.8

199.2

187.6

187.3

2.3

-0.2

40

Electricity

103.16

188.3

195.6

188.5

198.0

3.9

5.0

General Index

1000

186.2

191.3

179.0

180.0

2.7

0.6

*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

Total

Durables

Non-durables

Month

(456.82)

(88.25)

(156.86)

(298.08)

(84.60)

(213.47)

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

2015-16

2016-17

Apr

167.3

175.4

248.0

185.2

153.2

156.7

186.5

182.8

258.7

289.2

157.9

140.6

May

177.4

184.4

234.9

205.6

157.4

164.0

178.7

180.8

252.4

267.2

149.5

146.5

Jun

171.9

182.2

265.4

222.8

153.1

162.3

179.0

184.1

246.1

259.5

152.4

154.2

Jul

171.6

174.5

289.9

204.6

158.5

164.1

173.2

175.6

244.2

258.4

145.1

142.8

Aug

170.0

176.0

267.5

207.7

156.2

161.4

170.8

171.8

256.0

261.4

137.0

136.3

Sep

168.0

174.7

287.2

225.2

154.0

157.4

174.5

185.1

262.0

298.4

139.8

140.2

Oct

175.0

182.4

278.6

203.3

154.7

158.7

176.3

173.8

272.2

273.8

138.3

134.2

Nov

167.3

175.2

190.6

219.1

149.2

153.1

166.8

175.4

226.1

247.4

143.3

146.9

Dec

175.8

185.5

219.5

211.0

161.4

159.3

198.6

186.7

242.5

220.9

181.2

173.2

Jan*

178.8

188.2

212.2

234.8

162.8

159.1

202.1

200.1

260.5

268.1

178.9

173.2

Feb

173.5

231.1

159.2

200.8

277.2

170.5

Mar

188.7

280.7

171.8

204.0

288.3

170.6

Average

Apr-Jan

172.3

179.9

249.4

211.9

156.1

159.6

180.7

181.6

252.1

264.4

152.3

148.8

Growth over the corresponding period of previous year 

Jan

1.9

5.3

-21.6

10.7

2.8

-2.3

-0.1

-1.0

5.6

2.9

-3.2

-3.2

Apr-Jan

3.3

4.4

-0.6

-15.0

2.1

2.2

3.6

0.5

11.6

4.9

-1.2

-2.3

* Indices for Jan 2017 are Quick Estimates.

NOTE : Indices for the months of Oct'16 and Dec'16 incorporate updated production data.