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Government of India
Ministry of Statistics & Programme Implementation
12-September-2017 17:30 IST
Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of July, 2017 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of July 2017 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 July 2017 stands at 118.2, which is 1.2 percent higher as compared to the level in the month of July 2016. The cumulative growth for the period April-July 2017 over the corresponding period of the previous year stands at 1.7 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2017 stand at 92.6, 119.5 and 151.8 respectively, with the corresponding growth rates of 4.8 percent, 0.1 percent and 6.5 percent as compared to July 2016 (Statement I). The cumulative growth in these three sectors during April-July 2017 over the corresponding period of 2016 has been 2.1 percent, 1.3 percent and 5.6 percent respectively.

4. In terms of industries, eight 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 July 2017 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Other manufacturing’ has shown the highest positive growth of 20.9 percent followed by 18.9 percent in ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ and 10.5 percent in ‘Manufacture of other transport equipment’. On the other hand, the industry group ‘Manufacture of tobacco products’ has shown the highest negative growth of (-) 43.4 percent followed by (-) 11.1 percent in ‘Manufacture of electrical equipment’ and (-) 8.8 percent in ‘Printing and reproduction of recorded media’.

5. As per Use-based classification, the growth rates in July 2017 over July 2016 are 2.3 percent in Primary goods, (-) 1.0 percent in Capital goods, (-) 1.8 percent in Intermediate goods and 3.7 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 1.3 percent and 3.4 percent respectively.

6. Some important items showing high positive growth during the current month over the same month in previous year include ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (89.4%), ‘Digestive enzymes and antacids (incl. PPI drugs)’ (54.5%), ‘API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive’ (43.1%), ‘Vaccine for veterinary medicine’ (42.5%), ‘Printed Circuit Boards (whether or not mounted with IC chips /components)’ (37.7%), ‘HR plates of mild steel’ (31.3%), ‘Axle’ (30.3%), ‘Jewellery of gold (studded with stones or not)’ (27.8%), ‘HR coils and sheets of mild steel’ (23.2%),  and  ‘Full-cream/ Toned/ Skimmed milk, whether or not chilled’ (20.5%).

7. Some important items that have registered high negative growth include ‘Other tobacco products’ [(-) 69.9%], ‘Shelled cashew kernel, whether or not processed/ roasted/ salted’ [(-) 61.5%], ‘Kerosene’ [(-) 51.5%], ‘Plastic jars, bottles and containers’ [(-) 50.5%], ‘Printing machinery’ [(-) 48.9%], ‘Ayurvedic and Homeopathic medicaments’ [(-) 35.7%],  ‘Tooth Paste’ [(-) 32.0%], ‘Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches, control/ meter panel)’ [(-) 30.5%], ‘Antibiotics, API & formulations’ [(-) 27.6%], ‘Palm Oil refined (including Palmolein)’ [(-) 26.5%] and ‘API & formulations of vitamins’ [(-) 22.1%].

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

1.3941

Electricity

7.99

0.6365

Mining

14.37

0.5168

HR coils and sheets  of mild steel

1.35

0.3545

Two-wheelers (motorcycles/ scooters)

1.36

0.2031

High Negative Contributors

Other tobacco products

0.24

-0.3204

Diesel

5.71

-0.2739

API & formulations of vitamins

0.85

-0.1848

Printing machinery

0.46

-0.1764

Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches, control/ meter panel)

0.45

-0.1604

 

9. Along with the Quick Estimates of IIP for the month of July 2017, the indices for June 2017 have undergone the first revision and those for April 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 July 2017, 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 August 2017 will be on Thursday, 12 October 2017.

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

101.6

122.4

125.6

146.0

158.1

121.3

124.7

Jun

98.4

98.8

121.1

120.5

144.3

147.4

119.7

119.5

Jul*

88.4

92.6

119.4

119.5

142.5

151.8

116.8

118.2

Aug

84.7

 

119.6

 

143.5

 

116.5

 

Sep

87.7

 

121.0

 

145.6

 

118.2

 

Oct

101.0

 

121.3

 

145.1

 

120.3

 

Nov

106.2

 

115.7

 

134.9

 

115.9

 

Dec

114.1

 

121.4

 

137.8

 

121.7

 

Jan

114.4

 

123.1

 

138.9

 

123.1

 

Feb

110.5

 

119.7

 

130.2

 

119.2

 

Mar

127.7

 

132.7

 

147.9

 

133.2

 

Average

 

 

 

 

 

 

 

 

 

 

 

Apr-Jul

96.0

98.0

119.2

120.7

143.9

152.0

117.9

119.9

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

Jul

0.9

4.8

5.3

0.1

2.1

6.5

4.5

1.2

 

 

 

 

 

 

Apr-Jul

5.8

2.1

6.3

1.3

7.9

5.6

6.5

1.7

 

 

 

 

 

 

 

 

 

* Indices for Jul 2017 are Quick Estimates.

NOTE : Indices for the months of Apr'17 and Jun'17 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

 

 

Jul'16

Jul'17

Apr-Jul

Jul'17

Apr-Jul

 

 

 

 

 

2016-17

2017-18

 

2017-18

10

Manufacture of food products

5.3025

92.6

91.5

92.5

90.3

-1.2

-2.4

11

Manufacture of beverages

1.0354

96.1

98.9

120.4

108.7

2.9

-9.7

12

Manufacture of tobacco products

0.7985

121.6

68.8

104.3

96.2

-43.4

-7.8

13

Manufacture of textiles

3.2913

119.4

115.9

118.6

116.4

-2.9

-1.9

14

Manufacture of wearing apparel

1.3225

144.5

137.1

153.8

149.9

-5.1

-2.5

15

Manufacture of leather and related products

0.5021

126.9

123.2

129.0

129.9

-2.9

0.7

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

91.5

92.9

93.3

91.5

1.5

-1.9

17

Manufacture of paper and paper products

0.8724

121.1

111.9

118.3

110.5

-7.6

-6.6

18

Printing and reproduction of recorded media

0.6798

103.4

94.3

103.9

98.9

-8.8

-4.8

19

Manufacture of coke and refined petroleum products

11.7749

123.3

118.1

118.6

118.9

-4.2

0.3

20

Manufacture of chemicals and chemical products

7.8730

119.1

111.7

116.5

111.0

-6.2

-4.7

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

167.2

198.8

161.0

199.7

18.9

24.0

22

Manufacture of rubber and plastics products

2.4222

120.2

116.3

120.0

116.8

-3.2

-2.7

23

Manufacture of other non-metallic mineral products

4.0853

109.8

106.8

114.7

110.6

-2.7

-3.6

24

Manufacture of basic metals

12.8043

126.6

131.1

128.7

133.1

3.6

3.4

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

101.7

96.7

107.1

96.3

-4.9

-10.1

26

Manufacture of computer, electronic and optical products

1.5704

124.8

130.3

122.0

126.7

4.4

3.9

27

Manufacture of electrical equipment

2.9983

111.5

99.1

118.6

100.2

-11.1

-15.5

28

Manufacture of machinery and equipment n.e.c.

4.7653

110.5

108.6

109.1

111.3

-1.7

2.0

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

102.0

107.2

101.9

103.2

5.1

1.3

30

Manufacture of other transport equipment

1.7763

118.2

130.6

118.4

129.9

10.5

9.7

31

Manufacture of furniture

0.1311

156.5

145.0

165.8

170.2

-7.3

2.7

32

Other manufacturing

0.9415

112.2

135.6

115.3

138.2

20.9

19.9

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

88.4

92.6

96.0

98.0

4.8

2.1

10-32

Manufacturing

77.6332

119.4

119.5

119.2

120.7

0.1

1.3

35

Electricity

7.9943

142.5

151.8

143.9

152.0

6.5

5.6

 

 

 

 

 

 

 

 

 

 

General Index

100.00

116.8

118.2

117.9

119.9

1.2

1.7

Industry codes are as per National Industrial Classification 2008

 

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

121.9

101.3

99.9

122.5

123.0

130.9

131.2

124.3

125.3

128.4

140.6

Jun

116.7

116.5

106.3

99.3

121.5

121.1

128.9

129.0

121.9

119.0

122.3

128.1

Jul*

113.2

115.8

97.6

96.6

123.2

121.0

119.5

123.9

119.9

118.4

123.3

127.5

Aug

110.0

 

94.8

 

123.6

 

124.9

 

122.8

 

122.6

 

Sep

109.8

 

99.0

 

121.2

 

124.7

 

135.4

 

123.9

 

Oct

119.2

 

94.3

 

122.3

 

124.8

 

130.7

 

122.1

 

Nov

117.0

 

98.7

 

117.7

 

113.7

 

118.3

 

120.5

 

Dec

123.3

 

97.3

 

121.9

 

125.8

 

116.8

 

131.3

 

Jan

122.0

 

98.8

 

123.9

 

128.7

 

116.7

 

138.5

 

Feb

115.2

 

101.9

 

120.7

 

122.6

 

115.4

 

136.5

 

Mar

132.5

 

134.7

 

134.1

 

135.6

 

128.2

 

135.4

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Jul

115.2

117.7

99.7

96.2

120.7

121.2

124.7

127.3

121.7

120.6

121.9

129.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jul

4.2

2.3

8.8

-1.0

2.5

-1.8

-0.9

3.7

0.2

-1.3

14.5

3.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Jul

7.4

2.2

12.0

-3.5

3.2

0.4

3.5

2.1

5.9

-0.9

9.2

6.6

 

 

 

 

 

 

 

 

 

 

 

 

 

* Indices for Jul 2017 are Quick Estimates.

NOTE : Indices for the months of Apr'17 and Jun'17 incorporate updated production data.