Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of September, 2013 (Base 2004-05=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of September 2013 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 September 2013 stands at 166.3, which is 2.0% higher as compared to the levelin the month of September 2012. The cumulative growth for the period April-September 2013-14 over the corresponding period of the previous year stands at 0.4%.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2013 stand at 114.9, 175.6 and 169.0 respectively, with the corresponding growth rates of  3.3%, 0.6% and 12.9% as compared to September 2012 (Statement I). The cumulative growth in the three sectors during April-September 2013-14 over the corresponding period of 2012-13 has been (-) 2.5%, 0.1% and 5.9% respectively.

4. In terms of industries, thirteen (13) out of the twenty two (22) industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of September 2013 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Wearing apparel; dressing and dyeing of fur’ has shown the highest positive growth of 29.2%, followed by 14.9% in ‘Coke, refined petroleum products & nuclear fuel’ and 11.3% in ‘Chemicals and chemical products’. On the other hand, the industry group ‘Radio, TV and communication equipment & apparatus’ has shown a negative growth of (-) 25.6% followed by (-) 13.0% in ‘Motor vehicles, trailers & semi-trailers’ and (-) 11.5% in ‘Office, accounting & computing machinery’.

5. As per Use-based classification, the growth rates in September 2013 over September 2012 are 5.4% in Basic goods, (-) 6.8% in Capital goods and 4.1% in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 10.8% and 11.3% respectively, with the overall growth in Consumer goods being 0.6%.

6. Some of the important items showing high positive growth during the current month over the same month in previousyear include ‘Vitamins’ (86.6%), ‘Cable, Rubber Insulated’ (68.0%), ‘Ayurvedic Medicaments’ (60.1%), ‘Petroleum Coke’ (41.9%), ‘Rice’ (40.4%), ‘Apparels’ (35.5%), ‘Cigarettes’ (27.7%), ‘Tractors’ (27.5%), ‘Copper and Copper Products’ (26.5%), ‘Hot Rolled Steel Coils/ Skelp’ (23.4%), ‘Cashew Kernels’ (22.7%), ‘Antibiotics & its preparations’ (21.8%) and ‘Petrol (Motor Spirit)’ (21.0%).

7. Some of the other important items showing high negative growth are: ‘Hot Rolled Steel Sheets’ [(-) 58.1%], ‘Sugar Machinery’ [(-) 38.9%], ‘Sugar (including sugar cubes)’ [(-) 33.7%], ‘Colour T.V. Sets’ [(-) 30.7%], ‘Cylinders’ [(-) 30.3%], ‘Polyester Chips’ [(-) 28.8%], ‘Heat Exchangers’ [(-) 28.7%], ‘Commercial Vehicles’ [(-) 28.5%],  ‘Earth Moving Machinery’ [(-) 28.2%], ‘Telephone Instruments (incl. Mobile Phones & Accessories)’ [(-) 26.6%] and ‘Aluminium Conductor’               [(-) 24.5%].

8. Along with the Quick Estimates of IIP for the month of September 2013, the indices for August 2013 haveundergone the first revision and those for June 2013 have undergone the final revision in the light of the updated datareceived from the source agencies. It may be noted that these revised indices (first revision) in respect of August 2013 shall undergo final (second) revision along with the release of IIP for the month of November 2013.