IIP for the month of March, 2018@4.4%(Y-o-Y)

Quick Estimates of Index of Industrial Production and use-based index for the Month of March, 2018 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of March 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 March 2018 stands at 139.0, which is 4.4 percent higher as compared to the level in the month of March 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 March 2018 stand at 131.3, 138.6 and 156.7 respectively, with the corresponding growth rates of 2.8 percent, 4.4 percent and 5.9 percent as compared to March 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, eleven 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 March 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of furniture’ has shown the highest positive growth of 41.5 percent followed by 20.6 percent in ‘Manufacture of food products’ and 17.2 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 30.7 percent followed by (-) 20.6 percent in ‘Manufacture of tobacco products’ and (-) 18.6 percent in ‘Manufacture of wearing apparel’.
5. As per Use-based classification, the growth rates in March 2018 over March 2017 are 2.9 percent in Primary goods, (-) 1.8 percent in Capital goods, 2.1 percent in Intermediate goods and 8.8 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 2.9 percent and 10.9 percent respectively.
6. Some important item groups showing high positive growth during the current month over the same month in previous year include ‘Stainless steel utensils’ (95.5%), ‘Sugar’ (78.2%), ‘Axle’ (51.8%), ‘Rim (wheel)’ (45.6%), ‘Bars and Rods of Alloy and Stainless Steel’ (44.0%), ‘Separators including decanter centrifuge’ (41.8%), Vaccine for veterinary medicine’ (38.8%), ‘Digestive enzymes and antacids (incl. PPI drugs)’ (32.1%), ‘API & formulations of vitamins’ (25.9%) and ‘Commercial Vehicles’ (24.7%).
7. Some important item groups that have registered high negative growth include ‘Hand Tools incl. interchangeable tools, not mechanised’ [(-) 67.6%], ‘Jewellery of gold (studded with stones or not)’ [(-) 66.5%], ‘Material handling, lifting and hoisting equipment’ [(-) 56.1%], ‘Generators/ Alternators’ [(-) 54.7%], ‘Printing machinery’      [(-) 47.6%], ‘Other tobacco products’  [(-) 40.6%], ‘Paper of all kinds excluding newsprint’ [(-) 40.4%], ‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 39.3%], ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 32.2%], ‘Readymade Garments, knitted’ [(-) 30.2%] and ‘Anti-pyretic, analgesic/anti-inflammatory API & formulations’ [(-)29.9%].
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
Digestive enzymes and antacids (incl. PPI drugs)
0.22
0.9922
Electricity
7.99
0.5282
Sugar
0.76
0.4593
Mining
14.37
0.3884
Bars and Rods of Alloy and Stainless Steel
0.57
0.3777
High Negative Contributors
Jewellery of gold (studded with stones or not)
0.44
-0.3871
Generators / Alternators
0.46
-0.3361
Anti-pyretic, analgesic/anti-inflammatory API & formulations
0.45
-0.2898
Printing machinery
0.46
-0.2142
Industrial Valves of different types- safety, relief and control valves(non-electronic, non-electrical)
0.53
-0.1951

9. Along with the Quick Estimates of IIP for the month of March 2018, the indices for February 2018 have undergone the first revision and those for December 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 March 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 April 2018 will be on Tuesday, 12 June 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
100.8
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
114.6
123.1
133.7
138.9
149.5
123.1
132.2
Feb
110.5
110.1
119.7
129.9
130.2
136.1
119.2
127.5
Mar*
127.7
131.3
132.7
138.6
147.9
156.7
133.2
139.0
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




Mar
10.1
2.8
3.3
4.4
6.2
5.9
4.4
4.4
Apr-Mar
5.3
2.3
4.4
4.5
5.8
5.4
4.6
4.3
* Indices for Mar 2018 are Quick Estimates.
NOTE : Indices for the months of Dec'17 and Feb'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


Mar'17
Mar'18*
Apr-Mar
Mar'18*
Apr-Mar
(NIC 2008)




2016-17
2017-18

2017-18
10
Manufacture of food products
5.3025
101.5
122.4
98.9
107.2
20.6
8.4
11
Manufacture of beverages
1.0354
119.3
122.4
106.3
105.4
2.6
-0.8
12
Manufacture of tobacco products
0.7985
119.6
95.0
115.9
95.2
-20.6
-17.9
13
Manufacture of textiles
3.2913
120.5
118.1
117.4
116.8
-2.0
-0.5
14
Manufacture of wearing apparel
1.3225
170.1
138.4
151.7
135.0
-18.6
-11.0
15
Manufacture of leather and related products
0.5021
134.3
130.6
122.3
123.9
-2.8
1.3
16
Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
0.1930
108.4
103.1
93.1
92.0
-4.9
-1.2
17
Manufacture of paper and paper products
0.8724
115.0
110.7
114.0
108.7
-3.7
-4.6
18
Printing and reproduction of recorded media
0.6798
108.7
105.0
106.0
99.1
-3.4
-6.5
19
Manufacture of coke and refined petroleum products
11.7749
129.5
128.4
119.1
123.5
-0.8
3.7
20
Manufacture of chemicals and chemical products
7.8730
124.7
126.6
116.5
116.1
1.5
-0.3
21
Manufacture of pharmaceuticals, medicinal chemical and botanical products
4.9810
192.8
224.8
172.3
212.1
16.6
23.1
22
Manufacture of rubber and plastics products
2.4222
126.2
110.4
120.5
110.6
-12.5
-8.2
23
Manufacture of other non-metallic mineral products
4.0853
118.9
129.3
109.9
113.6
8.7
3.4
24
Manufacture of basic metals
12.8043
137.7
151.1
130.6
137.9
9.7
5.6
25
Manufacture of fabricated metal products, except machinery and equipment
2.6549
119.7
131.0
105.5
107.5
9.4
1.9
26
Manufacture of computer, electronic and optical products
1.5704
138.8
155.7
126.7
148.1
12.2
16.9
27
Manufacture of electrical equipment
2.9983
126.0
114.7
122.6
107.2
-9.0
-12.6
28
Manufacture of machinery and equipment n.e.c.
4.7653
160.5
153.7
114.1
121.3
-4.2
6.3
29
Manufacture of motor vehicles, trailers and semi-trailers
4.8573
113.7
133.2
101.7
114.5
17.2
12.6
30
Manufacture of other transport equipment
1.7763
129.9
150.5
117.5
133.9
15.9
14.0
31
Manufacture of furniture
0.1311
197.5
279.5
176.2
197.2
41.5
11.9
32
Other manufacturing
0.9415
161.5
112.0
125.6
106.9
-30.7
-14.9









05
Mining
14.3725
127.7
131.3
102.5
104.9
2.8
2.3
10-32
Manufacturing
77.6332
132.7
138.6
121.0
126.5
4.4
4.5
35
Electricity
7.9943
147.9
156.7
141.6
149.2
5.9
5.4










General Index
100.00
133.2
139.0
120.0
125.2
4.4
4.3
* Figures for Mar 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
(34.0486)
(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
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
129.1
98.8
111.4
123.9
130.0
128.7
137.7
116.7
125.8
138.5
153.8
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
136.3
134.7
132.3
134.1
136.9
135.6
147.5
128.2
131.9
135.4
150.2
Average












Apr-Mar
117.5
121.8
101.5
106.0
122.3
125.0
125.0
131.9
122.6
123.3
126.5
139.5
Growth over the corresponding period of previous year






Mar
5.8
2.9
9.4
-1.8
3.1
2.1
1.1
8.8
-0.6
2.9
7.5
10.9
Apr-Mar
4.9
3.7
3.2
4.4
3.3
2.2
3.9
5.5
2.9
0.6
7.9
10.3
* Indices for Mar 2018 are Quick Estimates.
NOTE : Indices for the months of Dec'17 and Feb'18 incorporate updated production 
Source: pib.nic.in
IIP for the month of February, 2018 
((फाइनेंस का फंडा: क्या है IIP 
(('बिना प्रोफेशनल ट्रेनिंग के शेयर बाजार जरूर जुआ है'
((शेयर बाजार: जब तक सीखेंगे नहीं, तबतक पैसे बनेंगे नहीं! 
((जानें वो आंकड़े-सूचना-सरकारी फैसले और खबर, जो शेयर मार्केट पर डालते हैं असर
म्युचुअल फंड के बदल गए नियम, बदलाव से निवेशकों को फायदा या नुकसान, जानें विस्तार से  
((फाइनेंशियल प्लानिंग (वित्तीय योजना) क्या है और क्यों जरूरी है?
((ये दिसंबर तिमाही को कुछ Q2, कुछ Q3 तो कुछ Q4 क्यों बताते हैं ?
((कैसे करें शेयर बाजार में एंट्री 
((सामान खरीदने जैसा आसान है शेयर बाजार में पैसे लगाना
((खुद का खर्च कैसे मैनेज करें? 
(बच्चों को फाइनेंशियल एजुकेशन क्यों देना चाहिए पर हिन्दी किताब- बेटा हमारा दौलतमंद बनेगा)
((मेरा कविता संग्रह "जब सपने बन जाते हैं मार्गदर्शक"खरीदने के लिए क्लिक करें 

(ब्लॉग एक, फायदे अनेक

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