Friday 10 March 2017

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.

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