Index of Industrial Production for the Month of September, 2017




Quick Estimates of Index of Industrial Production and use-based Index for the Month of September, 2017

(Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of September 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 September 2017 stands at 122.7, which is 3.8 percent higher as compared to the level in the month of September 2016. The cumulative growth for the period April-September 2017 over the corresponding period of the previous year stands at 2.5 percent.

3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2017 stand at 94.6, 125.1 and 150.5 respectively, with the corresponding growth rates of 7.9 percent, 3.4 percent and 3.4 percent as compared to September 2016 (Statement I). The cumulative growth in these three sectors during April-September 2017 over the corresponding period of 2016 has been 3.9 percent, 1.9 percent and 5.7 percent respectively.

4. In terms of industries, eleven 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 September 2017 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of pharmaceuticals, medicinal chemical and botanical products’ has shown the highest positive growth of 26.4 percent followed by 13.2 percent in ‘Manufacture of computer, electronic and optical products’ and 13.1 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 27.1 percent followed by (-) 23.1 percent in ‘Manufacture of tobacco products’ and (-) 19.2 percent in ‘Manufacture of electrical equipment’.

5. As per Use-based classification, the growth rates in September 2017 over September 2016 are 6.6 percent in Primary goods, 7.4 percent in Capital goods, 1.9 percent in Intermediate goods and 0.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 4.8 percent and 10.0 percent respectively.

6. Some important items showing high positive growth during the current month over the same month in previous year include ‘Separators including decanter centrifuge’ (117.4%), ‘Bodies of trucks, lorries and trailers’ (94.5%), ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (66.7%), ‘Meters (electric and non-electric)’ (58.5%),  ‘Digestive enzymes and antacids (incl. PPI drugs)’ (51.2%), ‘Axle’ (50.6%), ‘Fragrances & Oil essentials’ (46.0%), ‘Anti-pyretic, analgesic/anti-inflammatory API & formulations’ (41.2%), ‘Vaccine for veterinary medicine’ (34.3%), ‘Telephones and mobile instruments’ (28.8%) and  ‘Films of polythene, polyester, PVC & other forms of plastic’ (25.3%).

7. Some important items that have registered high negative growth include ‘Electric heaters’ [(-) 95.2%], ‘Anti-malarial drug’ [(-)76.9%], ‘Jewellery of gold (studded with stones or not)’ [(-) 67.7%], ‘Plastic jars, bottles and containers’ [(-) 61.9%], ‘API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive’ [(-) 44.6%], ‘Other tobacco products’ [(-) 36.1%], ‘Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches, control/ meter panel)’ [(-) 31.5%], ‘Cement Clinkers’ [(-) 30.7%], ‘Printing Machinery’ [(-) 30.2%], ‘Tooth Paste’ [(-) 26.9%], ‘Palm Oil refined (including Palmolein)’ [(-) 21.9%], ‘Tea’ [(-) 21.0%] and ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 20.7%].

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
1.2882
Mining
14.37
0.8390
Diesel
5.71
0.6912
Anti-pyretic, analgesic/anti-inflammatory API & formulations
0.45
0.4186
Electricity
7.99
0.3314
High Negative Contributors
Electric heaters
0.25
-0.5209
Jewellery of gold (studded with stones or not)
0.44
-0.4507
Plastic jars, bottles and containers
0.25
-0.2395
Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches, control/ meter panel)
0.45
-0.1822
Other tobacco products
0.24
-0.1658

9. Along with the Quick Estimates of IIP for the month of September 2017, the indices for August 2017 have undergone the first revision and those for June 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 September 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 October 2017 will be on Tuesday, 12 December 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
101.7
122.4
125.6
146.0
158.1
121.3
124.8
Jun
98.4
98.5
121.1
120.3
144.3
147.4
119.7
119.3
Jul
88.4
92.4
119.4
119.1
142.5
151.9
116.8
117.9
Aug
84.7
92.5
119.6
123.7
143.5
155.4
116.5
121.7
Sep*
87.7
94.6
121.0
125.1
145.6
150.5
118.2
122.7
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-Sep
92.8
96.4
119.6
121.9
144.1
152.3
117.7
120.6








Growth over the corresponding period of previous year 










Sep*
-1.2
7.9
5.8
3.4
5.1
3.4
5.0
3.8






Apr-Sep
3.1
3.9
6.1
1.9
6.4
5.7
5.8
2.5










* Figures for Sep 2017 are Quick Estimates.
NOTE : Indices for the months of Jun'17 and Aug'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


Sep'16
Sep'17*
Apr-Sep
Sep'17*
Apr-Sep
 (NIC’08)




2016-17
2017-18

2017-18
10
Manufacture of food products
5.3025
92.1
94.2
91.9
79.8
2.3
-13.2
11
Manufacture of beverages
1.0354
98.3
99.1
113.0
89.9
0.8
-20.4
12
Manufacture of tobacco products
0.7985
123.4
94.9
109.7
79.7
-23.1
-27.3
13
Manufacture of textiles
3.2913
119.3
113.6
118.9
98.6
-4.8
-17.1
14
Manufacture of wearing apparel
1.3225
142.3
132.0
150.9
122.4
-7.2
-18.9
15
Manufacture of leather and related products
0.5021
123.8
119.5
127.2
108.0
-3.5
-15.1
16
Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
0.1930
97.7
92.4
94.1
78.5
-5.4
-16.6
17
Manufacture of paper and paper products
0.8724
115.5
105.9
118.0
93.8
-8.3
-20.5
18
Printing and reproduction of recorded media
0.6798
103.7
100.0
104.6
84.9
-3.6
-18.8
19
Manufacture of coke and refined petroleum products
11.7749
111.8
121.3
117.3
103.8
8.5
-11.5
20
Manufacture of chemicals and chemical products
7.8730
116.9
118.5
117.1
97.3
1.4
-16.9
21
Manufacture of pharmaceuticals, medicinal chemical and botanical products
4.9810
168.9
213.5
163.6
176.1
26.4
7.6
22
Manufacture of rubber and plastics products
2.4222
124.9
110.4
120.4
95.5
-11.6
-20.7
23
Manufacture of other non-metallic mineral products
4.0853
108.1
103.2
112.4
92.6
-4.5
-17.6
24
Manufacture of basic metals
12.8043
129.8
133.4
129.7
115.0
2.8
-11.3
25
Manufacture of fabricated metal products, except machinery and equipment
2.6549
104.8
107.8
105.6
85.9
2.9
-18.7
26
Manufacture of computer, electronic and optical products
1.5704
149.3
169.0
128.3
122.2
13.2
-4.8
27
Manufacture of electrical equipment
2.9983
141.0
113.9
121.7
86.0
-19.2
-29.3
28
Manufacture of machinery and equipment n.e.c.
4.7653
113.8
123.2
109.2
98.7
8.3
-9.6
29
Manufacture of motor vehicles, trailers and semi-trailers
4.8573
101.3
114.6
101.7
93.1
13.1
-8.5
30
Manufacture of other transport equipment
1.7763
143.3
149.5
124.4
116.9
4.3
-6.0
31
Manufacture of furniture
0.1311
176.0
174.4
168.7
144.2
-0.9
-14.5
32
Other manufacturing
0.9415
145.7
106.2
119.9
97.8
-27.1
-18.4









05
Mining
14.3725
87.7
94.6
92.8
83.8
7.9
-9.7
10-32
Manufacturing
77.6332
121.0
125.1
119.6
104.9
3.4
-12.3
35
Electricity
7.9943
145.6
150.5
144.1
131.0
3.4
-9.1










General Index
100.00
118.2
122.7
117.7
103.9
3.8
-11.7
* Figures for Sep 2017 are Quick Estimates.

* Figures for Sep 2017 are Quick Estimates.

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED

(Base :2011-12=100)


Month
Primary goods (34.0486)
Capital goods (8.2230)
Intermediate goods (17.2215)
Infrastructure/ Construction goods (12.3384)
(12.8393) Consumer durables
Consumer non-durables (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
122.0
101.3
99.7
122.5
123.3
130.9
130.8
124.3
125.1
128.4
140.9

Jun
116.7
116.4
106.3
99.8
121.5
120.0
128.9
130.2
121.9
117.6
122.3
128.2

Jul
113.2
115.7
97.6
96.3
123.2
121.1
119.5
123.7
119.9
115.6
123.3
127.7

Aug
110.0
117.8
94.8
99.7
123.6
122.7
124.9
128.3
122.8
127.0
122.6
131.6

Sep*
109.8
117.0
99.0
106.3
121.2
123.5
124.7
125.3
135.4
128.9
123.9
136.3

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-Sep
113.4
117.6
98.7
98.5
121.2
121.7
124.8
127.3
124.2
122.3
122.3
131.4















Growth over the corresponding period of previous year  























Sep*
2.2
6.6
-7.5
7.4
1.8
1.9
8.7
0.5
10.3
-4.8
12.7
10.0















Apr-Sep
5.0
3.7
6.2
-0.2
3.1
0.4
4.9
2.0
6.9
-1.5
10.1
7.4


* Figures for Sep 2017 are Quick Estimates.
NOTE : Indices for the months of Jun'17 and Aug'17 incorporate updated production data.

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