QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USEBASED
INDEX FOR THE MONTH OF APRIL, 2018
(BASE 2011-12=100)
The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12
for the month of April 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 April 2018 stands at 123.0, which is 4.9
percent higher as compared to the level in the month of April 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 April 2018 stand at 103.8, 123.4 and 153.7
respectively, with the corresponding growth rates of 5.1 percent, 5.2 percent
and 2.1 percent as compared to April 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, sixteen 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 April 2018 as compared to the corresponding month of the
previous year (Statement II). The industry group ‘Manufacture of computer,
electronic and optical products’ has shown the highest positive growth of 27.5
percent followed by 21.9 percent in ‘Manufacture of motor vehicles, trailers
and semi-trailers’ and 15.7 percent in ‘Manufacture of food products’. On the
other hand, the industry group ‘Other manufacturing’ has shown the highest
negative growth of (-) 30.7 percent followed by (-) 13.4 percent in ‘Manufacture
of wearing apparel’ and (-) 10.3 percent in ‘Printing and reproduction of
recorded media’.
As per Use-based classification, the growth rates in April 2018 over April
2017 are 3.1 percent in Primary goods, 13.0 percent in Capital goods, 1.6
percent in Intermediate goods and 7.5 percent in Infrastructure/ Construction
Goods (Statement III). The Consumer durables and Consumer non-durables
have recorded growth of 4.3 percent and 7.0 percent respectively.
6. Some important item groups showing high positive growth during the
current month over the same month in previous year include ‘Sugar’ (156.5%),
‘Construction machine/ equipment (incl. bull-dozers and road rollers)’
(110.4%), ‘Stainless steel utensils’ (101.7%), ‘Commercial Vehicles’ (94.3%),
‘Printed Circuit Boards (whether or not mounted with IC chips /components)’
(69.3%), ‘Steroids and hormonal preparations (including anti-fungal
preparations)’ (45.8%), ‘Transformers (Small)’ (45.1%) and ‘Polymers (incl.
Polyethylene, PVC, Poly propylene)’ (26.2%).
7. Some important item groups that have registered high negative growth
include ‘Jewellery of gold (studded with stones or not)’ [(-) 75.1%], ‘Antimalarial
drugs’ [(-) 65.9%], ‘Air filters’ [(-) 52.2%], ‘Copper bars, rods & wire
rods’ [(-) 40.9%], ‘Telephones and mobile instruments’ [(-) 38.4%], ‘Paper of all
kinds excluding newsprint’ [(-) 37.8%], ‘Bags/ pouches of HDPE/ LDPE
(plastic)’ [(-) 37.6%], ‘Copper electrodes’ [(-) 34.1%], ‘Plastic components of
packing/ closing/ bottling articles & of electrical fittings’ [(-) 30.0%],
‘Separators including decanter centrifuge’ [(-)25.8%], ‘Pesticides-technical
grade’ [(-) 24.9%] and ‘Readymade Garments, knitted’ [(-) 20.6%].
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
Mining 14.37 0.6126
Scientific instruments/ apparatus for drawing,
calculating and measurement 0.04 0.5126
Commercial Vehicles 0.94 0.4686
Sugar 0.76 0.4088
Cement- all types 2.16 0.3836
High Negative Contributors
Jewellery of gold (studded with stones or not) 0.44 -0.4452
Copper bars, rods & wire rods 0.64 -0.2672
Telephones and mobile instruments 0.19 -0.1641
Readymade Garments, knitted 0.23 -0.1363
Air filters 0.19 -0.1345
9.
(Source: the Central Statistics Office of the Ministry of Statistics and Programme Implementation.)
IIP for the month of March, 2018@4.4%(Y-o-Y)
((फाइनेंस का फंडा: क्या है IIP
