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Government of India
Ministry of Statistics & Programme Implementation
12-May-2014 17:36 IST
Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of March, 2014
(Base 2004-05=100)

 

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of March 2014 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board.

 

2. The General Index for the month of March 2014 stands at 193.2, which is 0.5% lower as compared to the level in the month of March 2013. The cumulative growth for the period April-March 2013-14 over the corresponding period of the previous year stands at (-) 0.1%.

 

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2014 stand at 145.8, 204.8 and 173.0 respectively, with the corresponding growth rates of (-) 0.4%, (-) 1.2% and 5.4% as compared to March 2013 (Statement I). The cumulative growth in the three sectors during April-March 2013-14 over the corresponding period of 2012-13 has been (-) 0.8%, (-) 0.8% and 6.1% respectively.

 

4. In terms of industries, twelve (12) out of the twenty two (22) industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown negative growth during the month of March 2014 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Radio, TV and communication equipment & apparatus’ has shown the highest negative growth of (-) 33.1%, followed by (-) 26.1% in ‘Office, accounting and computing machinery’ and (-) 21.5% in ‘Medical, precision & optical instruments, watches and clocks’. On the other hand, the industry group ‘Wearing apparel; dressing and dyeing of fur’ has shown the highest positive growth of 26.0%, followed by 9.2% in ‘Basic metals’ and 6.2% in ‘Food products and beverages’.

 

5. As per Use-based classification, the growth rates in March 2014 over March 2013 are 4.0% in Basic goods, (-) 12.5% in Capital goods and 0.6% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 11.8% and 7.2% respectively, with the overall growth in Consumer goods being (-) 0.9%.

 

6. Some of the important items showing high negative growth are: ‘Aluminium Conductor’ [(-) 61.4%], ‘Sacking’ [(-) 42.4%], ‘Woollen Carpets [(-) 40.0%], ‘Boilers’ [(-) 37.8%], ‘Telephone Instruments (incl. Mobile Phones & Accessories)’            [(-) 36.9%],  ‘Ship Building and Repairs’ [(-) 31.0%], ‘Computers’ [(-) 30.2%], ‘Earth Moving Machinery’ [(-) 27.6%], ‘Commercial Vehicles’ [(-) 24.0%] and ‘Generator/ Alternator’ [(-) 21.1%].

           

7. Some of the other important items showing high positive growth during the current month over the same month in previous year include ‘Leather Garments’ (146.4%), ‘Heat Exchangers’ (87.1%), ‘Sugar Machinery’ (79.2%), ‘Stainless/ alloy Steel’ (55.6%), ‘Lubricating Oil’ (45.5%), ‘Vitamins’ (29.8%),  ‘Scooter and Mopeds’ (28.7%) and ‘Plates’ (27.6%).

 

8. Along with the Quick Estimates of IIP for the month of March 2014, the indices for February 2014 have undergone the first revision and those for December 2013 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 February 2014 shall undergo final (second) revision along with the release of IIP for the month of May 2014.

 

9. 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 March 2014, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

 


STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL

(Base : 2004-05=100)

Month

Mining

Manufacturing

Electricity

General

(141.57)

(755.27)

(103.16)

(1000.00)

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

Apr

124.8

120.5

173.0

176.1

152.7

159.1

164.1

166.5

May

130.0

122.3

179.0

173.3

162.3

172.4

170.3

166.0

Jun

122.1

116.5

178.1

175.0

157.0

157.0

168.0

164.9

Jul

119.7

116.1

177.4

182.7

156.3

164.5

167.1

171.4

Aug

114.6

113.6

175.8

175.4

152.2

163.1

164.7

165.4

Sept

111.2

115.2

174.6

177.1

149.7

169.0

163.1

167.5

Oct

122.4

118.8

182.4

180.1

160.5

162.6

171.6

169.6

Nov

121.7

123.7

176.4

171.8

149.1

158.5

165.8

163.6

Dec

132.5

135.9

191.1

189.0

157.6

169.4

179.3

179.5

Jan

135.5

138.1

193.6

193.6

160.7

171.1

182.0

183.4

Feb

124.6

127.1

190.8

183.9

140.5

156.7

176.2

173.1

Mar*

146.4

145.8

207.3

204.8

164.2

173.0

194.2

193.2

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

125.5

124.5

183.3

181.9

155.2

164.7

172.2

172.0

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

Mar

-2.1

-0.4

4.3

-1.2

3.5

5.4

3.5

-0.5

 

 

 

 

 

 

Apr-Mar

-2.3

-0.8

1.3

-0.8

4.0

6.1

1.1

-0.1

 

 

 

 

 

 

 

 

 

* Indices for March 2014 are Quick Estimates.

NOTE : Indices for the months of Dec'13 and Feb'14 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

 

 

Mar'13

Mar'14

Apr-Mar

Mar'14

Apr-Mar

 

 

 

 

 

2012-13

2013-14

 

2013-14

15

Food products and beverages

72.76

216.7

230.2

169.5

167.3

6.2

-1.3

16

Tobacco products

15.7

128.6

123.7

109.2

111

-3.8

1.6

17

Textiles

61.64

145.4

145.6

142

147.9

0.1

4.2

18

Wearing apparel; dressing and dyeing of fur

27.82

178.3

224.6

143.6

176

26

22.6

19

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

5.82

139.9

142.4

127.1

133.4

1.8

5

20

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

10.51

159.4

146.1

147.9

144.8

-8.3

-2.1

21

Paper and paper products

9.99

148.9

143.9

138.7

138.8

-3.4

0.1

22

Publishing, printing & reproduction of recorded media

10.78

186.4

178.9

183

183.5

-4

0.3

23

Coke, refined petroleum products & nuclear fuel

67.15

153.2

156.3

136.4

143.5

2

5.2

24

Chemicals and chemical products

100.59

130.9

134

127.3

138.6

2.4

8.9

25

Rubber and plastics products

20.25

195.1

204.1

185

180.8

4.6

-2.3

26

Other non-metallic mineral products

43.14

186.2

185.8

161.6

163.2

-0.2

1

27

Basic metals

113.35

204.2

223

195.8

196.3

9.2

0.3

28

Fabricated metal products, except machinery & equipment

30.85

267.2

235.3

193.8

179.8

-11.9

-7.2

29

Machinery and equipment n.e.c.

37.63

312.3

314

230

218.9

0.5

-4.8

30

Office, accounting & computing machinery

3.05

191.9

141.9

128.1

107.9

-26.1

-15.8

31

Electrical machinery & apparatus n.e.c.

19.8

506.3

473.6

369.2

422.2

-6.5

14.4

32

Radio, TV and communication equipment & apparatus

9.89

876.9

586.5

1003.7

730.1

-33.1

-27.3

33

Medical, precision & optical instruments, watches and clocks

5.67

175.6

137.9

117.1

111.3

-21.5

-5

34

Motor vehicles, trailers & semi-trailers

40.64

275.4

236.2

244.8

221.3

-14.2

-9.6

35

Other transport equipment

18.25

255.3

262.5

235.7

248.8

2.8

5.6

36

Furniture; manufacturing n.e.c.

29.97

139.6

125.3

131.5

113.3

-10.2

-13.8

 

 

 

 

 

 

10

Mining & Quarrying

141.57

146.4

145.8

125.5

124.5

-0.4

-0.8

15-36

Manufacturing

755.27

207.3

204.8

183.3

181.9

-1.2

-0.8

40

Electricity

103.16

164.2

173

155.2

164.7

5.4

6.1

 

 

 

 

 

 

 

General Index

1000

194.2

193.2

172.2

172

-0.5

-0.1

*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

Consumer durables

Consumer non-durables

Month

-456.82

-88.25

-156.86

-298.08

-84.6

-213.47

 

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

2012-2013

2013-2014

Apr

148

150

207.9

207

141.8

145

187.5

190.6

306.2

276.8

140.5

156.4

May

155.9

156

227.3

219

148.6

150

187.1

174.7

310.1

253.5

138.3

143.5

Jun

151.2

148

235

220

145.4

147

185.8

183.1

307.2

276.1

137.7

146.2

Jul

150.6

152

234

271

146.3

151

183.3

182.1

307

277.6

134.3

144.2

Aug

149

150

250

245

146.4

152

173.3

171.7

280.7

257.4

130.7

137.8

Sept

144

154

248.7

232

142.1

148

177.8

179.6

303.9

271.6

127.8

143.1

Oct

153.7

153

241.1

247

146.7

151

191.7

182.1

336.2

295.8

134.5

137

Nov

149.6

154

235.4

236

139.4

145

184.2

167.8

301.1

235.8

137.8

140.8

Dec

160.1

165

260.7

254

149.4

157

200.6

191.3

273.9

229.1

171.5

176.3

Jan

162.7

167

250.5

240

151.7

157

207.2

206.2

285.4

261.6

176.2

184.3

Feb

150.2

156

285.5

236

144.3

150

200.7

192.4

289.7

262.7

165.4

164.5

Mar*

168.6

175

343.2

300

158.3

159

208.4

206.5

311.2

274.4

167.6

179.6

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Mar

153.6

157

251.6

242

146.7

151

190.6

185.7

301.1

264.4

146.9

154.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

Mar

3.2

4

9.6

-13

2.1

0.6

1.8

-0.9

-4.9

-11.8

7.3

7.2

 

 

 

 

 

 

 

Apr-Mar

2.4

2

-6

-4

1.6

3

2.4

-2.6

2

-12.2

2.8

5.2

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for March 2014 are Quick Estimates.

NOTE : Indices for the months of Dec'13 and Feb'14 incorporate updated production data.

 

AD/DB