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TMI BlogQuick estimates of Index of Industrial Production and use-based Index for the month of November, 2017 (Base 2011-12=100)X X X X Extracts X X X X X X X X Extracts X X X X ..... Quick estimates of Index of Industrial Production and use-based Index for the month of November, 2017 (Base 2011-12=100) - News and Press Release Dated:- 13-1-2018 - News - The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of November 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 November 2017 stands at 125.6, which is 8.4 percent higher as compared to the level in the month of November 2016. The cumulative growth for the period April-November 2017 over the corresponding period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the previous year stands at 3.2 percent. 3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of November 2017 stand at 107.4, 127.5 and 140.1 respectively, with the corresponding growth rates of 1.1 percent, 10.2 percent and 3.9 percent as compared to November 2016 (Statement I). The cumulative growth in these three sectors during April-November 2017 over the corresponding period of 2016has been 3.0 percent, 3.1 percent and 5.2 percent respectively. 4.In terms of industries, fifteen out of the twenty three industry groups (asper 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of November 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 39.5 percent followed by 29.1 percent in Manufacture of computer, electronic and optical products and 22.6 percent in Manufacture of other transport equipment . On the other hand, the industry group Other manufacturing has shown the highest negative growth of (-) 15.9 percent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... followed by (-) 13.1 percent in Manufacture of wearing apparel and (-) 11.2 percent in Manufacture of electrical equipment . 5. As per Use-based classification, the growth rates in November 2017overNovember 2016 are 3.2 percent in Primary goods, 9.4 percent in Capital goods, 5.5 percent in Intermediate goods and 13.5 percent in Infrastructure/ Construction Goods (Statement III). The Consumer durables and Consumer non-durables have recorded growth of 2.5percent and 23.1 percent respectively. 6. Some important item groups showing high positive growth during the current month over the same month in previous year include Bodies of trucks, lorries and trailers (202.0%), Digestive enzymes and antacids (incl. PPI drugs) (110.7%), Separators including decanter centrifuge (71.4%), Axle (61.9%), Stainless Steel utensils (55.5%), Sugar (46.4%), Steroids and hormonal preparations (including anti-fungal preparations) (40.9%), HR coils and sheets of mild steel (37.2%), HR plates of mild steel (22.8%) and Two-wheelers (motorcycles/ scooters) (20.7%). 7.Someimportant item groups that have registered high negative growth include Jewellery of gold (studded with sto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nes or not) [(-) 68.7%], Anti-malarial drug [(-) 66.4%], Hand Tools incl. interchangeable tools, not mechanised [(-) 51.8%], Plastic jars, bottles and containers [(-)43.9%], Printing Machinery [(-) 40.4%], Electric heaters [(-) 37.1%], Purified Terephthalic Acid (PTA) [(-) 27.7%], Bags/ pouches of HDPE/ LDPE (plastic) [(-) 24.8%], Plastic components of packing/ closing/ bottling articles of electrical fittings [(-) 23.0%], Electrical apparatus for switching or protecting electrical circuits (e.g switchgear, circuit breakers/switches,control/ meter panel) [(-) 22.6%], Readymade Garments, knitted [(-) 21.6%], Generators / Alternators [(-) 21.6%] and Tooth Paste [(-) 20.2%]. 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 PositiveContributors Digestive enzymes and antacids (incl. PPI drugs) 0.22 2.5497 HR coils and sheets of mild steel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.35 0.5365 Electricity 7.99 0.3587 Cement- all types 2.16 0.3565 Sugar 0.76 0.3276 High Negative Contributors Jewellery of gold (studded with stones or not) 0.44 -0.2707 Electric heaters 0.25 -0.1934 Anti-pyretic, analgesic/anti-inflammatory API formulations 0.45 -0.1908 Printing machinery 0.46 -0.1738 Catalyst, chemical 0.04 -0.1399 9. Along with the Quick Estimates of IIP for the month of November 2017, the indices for October 2017have undergone the first revision and those for August 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-dig ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of November 2017, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed. Note: - 1. This Pressreleaseinformation is alsoavailable at the Website of the Ministry - http://www.mospi.nic.in 2. Release of the indexforDecember 2017willbeonMonday, 12February 2018. STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL (Base : 2011-12=100) Month Mining Manufacturing Electricity General (14.3725) (77.6332) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (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 92.4 119.4 119.3 142.5 151.9 116.8 118.0 Aug 84.7 92.6 119.6 124.1 143.5 155.4 116.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 122.1 Sep 87.7 94.5 121.0 125.6 145.6 150.5 118.2 123.1 Oct 101.0 100.9 121.3 124.0 145.1 149.8 120.3 122.7 Nov* 106.2 107.4 115.7 127.5 134.9 140.1 115.9 125.6 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 132.7 147.9 133.2 Average Apr-Nov 95.5 98.4 119.3 123.0 143.1 150.5 117.8 121.6 Growth over the corresponding period of previous year Nov* 8.1 1.1 4.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10.2 9.5 3.9 5.1 8.4 Apr-Nov 3.5 3.0 5.7 3.1 6.3 5.2 5.5 3.2 * Indices for Nov 2017 are Quick Estimates. NOTE : Indices for the months of Aug'17 and Oct'17 incorporate updated production data. STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL) (Base: 2011-12=100) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Industry Description Weight Index Cumulative Index Percentage growth code Nov'16 Nov'17* Apr-Nov Nov'17* Apr-Nov (NIC 2008) 2016-17 2017-18 2017-18 10 Manufacture of food products 5.3025 103.2 121.6 93.8 96.7 17.8 3.1 11 Manufacture of beverages 1.0354 91.1 95.8 108.4 102.8 5.2 -5.2 12 Manufacture of tobacco products 0.7985 104.7 99.0 111.1 97.9 -5.4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -11.9 13 Manufacture of textiles 3.2913 114.0 115.6 117.9 115.7 1.4 -1.9 14 Manufacture of wearing apparel 1.3225 127.0 110.4 146.6 132.2 -13.1 -9.8 15 Manufacture of leather and related products 0.5021 110.5 118.5 123.0 122.7 7.2 -0.2 16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 83.9 91.3 91.4 90.8 8.8 -0.7 17 Manufacture of paper and paper products 0.8724 105.4 105.3 115.7 109.6 -0.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -5.3 18 Printing and reproduction of recorded media 0.6798 106.0 101.3 104.4 101.2 -4.4 -3.1 19 Manufacture of coke and refined petroleum products 11.7749 117.2 122.8 118.1 121.3 4.8 2.7 20 Manufacture of chemicals and chemical products 7.8730 111.1 117.3 116.3 114.3 5.6 -1.7 21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 160.6 224.1 163.2 204.1 39.5 25.1 22 Manufacture of rubber and plastics products 2.4222 119.4 110.5 121.1 111.0 -7.5 -8.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 23 Manufacture of other non-metallic mineral products 4.0853 101.0 110.8 110.9 109.5 9.7 -1.3 24 Manufacture of basic metals 12.8043 120.7 136.5 128.7 134.8 13.1 4.7 25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 98.6 107.6 103.5 101.9 9.1 -1.5 26 Manufacture of computer, electronic and optical products 1.5704 113.9 147.1 127.8 146.7 29.1 14.8 27 Manufacture of electrical equipment 2.9983 129.2 114.7 124.8 105.9 -11.2 -15.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 28 Manufacture of machinery and equipment n.e.c. 4.7653 112.4 118.8 109.4 114.2 5.7 4.4 29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 102.0 120.2 101.6 109.8 17.8 8.1 30 Manufacture of other transport equipment 1.7763 110.4 135.3 123.5 135.2 22.6 9.5 31 Manufacture of furniture 0.1311 196.3 188.3 173.1 172.0 -4.1 -0.6 32 Other manufacturing 0.9415 102.8 86.5 119.1 111.3 -15.9 -6.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 05 Mining 14.3725 106.2 107.4 95.5 98.4 1.1 3.0 10-32 Manufacturing 77.6332 115.7 127.5 119.3 123.0 10.2 3.1 35 Electricity 7.9943 134.9 140.1 143.1 150.5 3.9 5.2 General Index 100.00 115.9 125.6 117.8 121.6 8.4 3.2 * Figures for Nov 2017 are Quick Estimates. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 96.5 123.2 119.8 119.5 124.6 119.9 117.0 123.3 128.3 Aug 110.0 117.8 94.8 101.7 123.6 123.0 124.9 128.3 122.8 128.1 122.6 131.4 Sep 109.8 117.0 99.0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 107.1 121.2 123.8 124.7 125.2 135.4 130.8 123.9 136.6 Oct 119.2 122.1 94.3 100.5 122.3 122.6 124.8 131.7 130.7 119.5 122.1 131.8 Nov* 117.0 120.7 98.7 108.0 117.7 124.2 113.7 129.1 118.3 121.2 120.5 148.3 Dec 123.3 97.3 121.9 125.8 116.8 131.3 Jan 122.0 98.8 123.9 128.7 116.7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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-Nov 114.6 118.5 98.2 100.3 120.9 122.0 123.4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 128.1 124.2 122.4 122.1 133.6 Growth over the corresponding period of previous year Nov* 5.5 3.2 5.3 9.4 5.7 5.5 3.9 13.5 6.8 2.5 3.3 23.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Nov 5.1 3.4 4.7 2.1 3.6 0.9 5.0 3.8 6.1 -1.4 8.7 9.4 * Indices for Nov 2017 are Quick Estimates. NOTE : Indices for the months of Aug'17 and Oct'17 incorporate updated production data. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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