Quick Estimates of Industrial Production Index and Use-Based Index for the Month of July, 2017


Press Information Bureau
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.
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.

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