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: -
- This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
- Release of the index for April 2018 will be on Tuesday, 12 June 2018.
- 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
| ||||||||||||
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
((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?
- पढ़ें बेटी तुम बहादुर ही बनना
-पढ़ें बेटा हमारा दौलतमंद बनेगा
-पढ़ें आपका पैसा, आप संभालें
-पढे जब सपने बन जाते हैं मार्गदर्शक
-पढ़ें बेटा हमारा दौलतमंद बनेगा
-पढ़ें आपका पैसा, आप संभालें
-पढे जब सपने बन जाते हैं मार्गदर्शक
((मेरा कविता संग्रह "जब सपने बन जाते हैं मार्गदर्शक"खरीदने के लिए क्लिक करें
(ब्लॉग एक, फायदे अनेक
IIP for the month of March, 2018@4.4%(Y-o-Y)
Rajanish Kant
शुक्रवार, 11 मई 2018
