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INDEX OF INDUSTRIAL PRODUCTION FOR THE MONTH OF OCTOBER, 2016



QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF OCTOBER, 2016

(BASE 2004-05=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of October 2016 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 15 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; (xiv) Office of Salt Commissioner; and (xv) Coffee Board.

2. The General Index for the month of October 2016 stands at 178.0, which is 1.9 percent lower as compared to the level in the month of October 2015. The cumulative growth for the period April-October 2016 over the corresponding period of the previous year stands at (-) 0.3 percent.
3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2016 stand at 129.4, 183.6 and 203.9 respectively, with the corresponding growth rates of (-) 1.1 percent,        (-) 2.4 percent and 1.1 percent as compared to October 2015 (Statement I). The cumulative growth in these three sectors during April-October 2016 over the corresponding period of 2015 has been (-) 0.2 percent, (-) 1.0 percent and 4.6 percent respectively.
4. In terms of industries, twelve out of the twenty two industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown negative growth during the month of October 2016 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest negative growth of (-) 58.3 percent followed by (-) 29.5 percent in ‘Office, accounting and computing machinery’ and (-) 12.3 percent in ‘Wood and products of wood & cork except furniture; articles of straw & plating materials’. On the other hand, ‘Coke, refined petroleum products & nuclear fuel’ has shown the highest positive growth of 18.4 percent followed by 7.9 percent in ‘Motor vehicles, trailers & semi-trailers’ and 7.7 percent in ‘Basic metals’.
5. As per Use-based classification, the growth rates in October 2016 over October 2015 are 4.1 percent in Basic goods, (-) 25.9 percent in Capital goods and 2.9 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 0.2 percent and (-) 3.0 percent respectively, with the overall growth in Consumer goods being (-) 1.6 percent.
6. Some important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’            [(-) 92.9%], ‘H R Sheets’ [(-) 44.1%], ‘Woollen Carpets’ [(-) 41.9%], ‘Sugar Machinery’ [(-) 36.4%], ‘Leather Garments’ [(-) 29.0%], ‘Kerosene’ [(-) 27.0%], ‘Boilers’ [(-) 23.8%] and ‘Aluminium wires and extrusions’ [(-) 21.3%].
7. Some important items that have registered high positive growth include ‘Ship building and repairs’ (87.5%), ‘Electric Sheets’ (72.7%), ‘Aviation Turbine Fuel’ (54.4%), ‘H R Coils/ Skelp’ (48.6%), ‘Plastic Machinery including Moulding Machinery’ (48.0%), ‘Furnace Oil’ (44.7%), ‘Instant Food Mixes (Ready to eat)’ (40.4%), ‘Petroleum Coke’ (28.8%), ‘Naphtha’ (27.2%),  ‘Liquid Petroleum Gas’ (22.3%) and ‘Petrol’ (22.2%).
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
High Negative Contributors
Cable, Rubber Insulated
0.12
-3.7776
Leather Garments
0.75
-0.1589
Steel Structures
0.55
-0.1459
Gems And Jewellery
1.77
-0.1179
Aluminium wires & extrusions
0.36
-0.1177
High Positive Contributors
H R Coils/Skelp
1.30
0.7894
Diesel, High Speed
2.11
0.3170
Commercial Vehicles
1.93
0.2186
Plates
1.25
0.1950
Passenger Cars
1.97
0.1894

9. Along with the Quick Estimates of IIP for the month of October 2016, the indices for September 2016 have undergone the first revision and those for July 2016 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of September 2016 may undergo final (second) revision along with the release of IIP for the month of December 2016.
10. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of October 2016, 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 November 2016 will be on Thursday, 12 January 2017.


STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base : 2004-05=100)


















Month
Mining
Manufacturing
Electricity
General
(141.57)
(755.27)
(103.16)
(1000.00)
2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
Apr
121.9
122.7
188.5
181.7
177.2
203.0
177.9
175.5
May
127.9
130.1
187.3
188.7
195.0
204.2
179.7
182.0
Jun
121.6
128.0
189.5
191.4
183.7
198.9
179.3
183.2
Jul
117.7
118.7
190.9
184.2
190.3
193.3
180.5
175.9
Aug
120.2
113.2
184.8
184.5
194.4
194.6
176.6
175.4
Sep
119.3
115.5
186.9
188.5
195.7
200.4
178.2
179.4
Oct*
130.8
129.4
188.1
183.6
201.6
203.9
181.4
178.0
Nov
130.8

171.7

175.6

166.3

Dec
137.3

193.1

183.2

184.2

Jan
138.8

194.8

188.3

186.2

Feb
136.1

193.9

181.9

184.5

Mar
149.5

208.1

197.2

198.7

Average

















Apr-Oct
122.8
122.5
188.0
186.1
191.1
199.8
179.1
178.5









Growth over the corresponding period of previous year 













Oct
5.3
-1.1
10.6
-2.4
9.0
1.1
9.9
-1.9









Apr-Oct
2.2
-0.2
5.1
-1.0
5.2
4.6
4.8
-0.3


















* Indices for Oct 2016 are Quick Estimates.





NOTE : Indices for the months of Jul'16 and Sep'16 incorporate updated production data.


(Base: 2004-05=100)
Industry
Description
Weight
Index      
Cumulative Index
Percentage growth
code


Oct'15
Oct'16
Apr-Oct
Oct'16
Apr-Oct





2015-16
2016-17

2016-17
15
Food products and beverages
72.76
126.3
125.0
137.6
130.5
-1.0
-5.2
16
Tobacco products
15.70
112.7
119.2
103.5
105.7
5.8
2.1
17
Textiles
61.64
156.0
150.3
155.0
158.3
-3.7
2.1
18
Wearing apparel; dressing and dyeing of fur
27.82
155.9
139.4
182.8
175.2
-10.6
-4.2
19
Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products
5.82
139.9
132.7
149.8
137.4
-5.1
-8.3
20
Wood and products of wood & cork except furniture; articles of straw & plating materials
10.51
140.9
123.6
156.1
150.4
-12.3
-3.7
21
Paper and paper products
9.99
149.2
154.6
146.6
148.0
3.6
1.0
22
Publishing, printing & reproduction of recorded media
10.78
160.2
158.5
161.9
158.7
-1.1
-2.0
23
Coke, refined petroleum products & nuclear fuel
67.15
143.4
169.8
147.0
161.4
18.4
9.8
24
Chemicals and chemical products
100.59
144.6
146.0
143.9
147.8
1.0
2.7
25
Rubber and plastics products
20.25
188.3
194.8
188.9
194.4
3.5
2.9
26
Other non-metallic mineral products
43.14
167.0
172.3
166.3
170.4
3.2
2.5
27
Basic metals
113.35
221.6
238.6
225.1
238.4
7.7
5.9
28
Fabricated metal products, except machinery & equipment
30.85
181.1
162.4
176.3
176.4
-10.3
0.1
29
Machinery and equipment n.e.c.
37.63
205.6
218.2
220.9
239.3
6.1
8.3
30
Office, accounting & computing machinery
3.05
59.0
41.6
60.5
55.9
-29.5
-7.6
31
Electrical machinery & apparatus n.e.c.
19.80
607.9
253.2
565.5
272.7
-58.3
-51.8
32
Radio, TV and communication equipment & apparatus
9.89
433.0
420.3
363.8
400.4
-2.9
10.1
33
Medical, precision & optical instruments, watches and clocks
5.67
93.8
92.8
96.5
95.1
-1.1
-1.5
34
Motor vehicles, trailers & semi-trailers
40.64
240.3
259.4
238.9
252.2
7.9
5.6
35
Other transport equipment
18.25
295.9
304.4
270.3
292.0
2.9
8.0
36
Furniture; manufacturing n.e.c.
29.97
193.0
187.2
173.6
168.9
-3.0
-2.7









10
Mining & Quarrying
141.57
130.8
129.4
122.8
122.5
-1.1
-0.2
15-36
Manufacturing
755.27
188.1
183.6
188.0
186.1
-2.4
-1.0
40
Electricity
103.16
201.6
203.9
191.1
199.8
1.1
4.6










General Index
1000
181.4
178.0
179.1
178.5
-1.9
-0.3









*Industry codes are as per National Industrial Classification 2004








STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)

Basic goods
Capital goods
Intermediate goods
Consumer goods







Total
Durables
Non-durables
Month
(456.82)
(88.25)
(156.86)
(298.08)
(84.60)
(213.47)

2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
2015-16
2016-17
Apr
167.3
175.4
248.0
185.2
153.2
156.7
186.5
182.8
258.7
289.2
157.9
140.6
May
177.4
184.4
234.9
205.6
157.4
164.0
178.7
180.8
252.4
267.2
149.5
146.5
Jun
171.9
182.2
265.4
222.8
153.1
162.3
179.0
184.1
246.1
259.5
152.4
154.2
Jul
171.6
174.5
289.9
204.6
158.5
164.1
173.2
175.6
244.2
258.4
145.1
142.8
Aug
170.0
176.0
267.5
208.5
156.2
161.6
170.8
172.0
256.0
261.6
137.0
136.5
Sep
168.0
174.6
287.2
225.1
154.0
157.2
174.5
185.0
262.0
298.5
139.8
140.0
Oct*
175.0
182.1
278.6
206.4
154.7
159.2
176.3
173.4
272.2
272.7
138.3
134.1
Nov
167.3

190.6

149.2

166.8

226.1

143.3

Dec
175.8

219.5

161.4

198.6

242.5

181.2

Jan
178.8

212.2

162.8

202.1

260.5

178.9

Feb
173.5

231.1

159.2

200.8

277.2

170.5

Mar
188.7

280.7

171.8

204.0

288.3

170.6

Average

























Apr-Oct
171.6
178.5
267.4
208.3
155.3
160.7
177.0
179.1
255.9
272.4
145.7
142.1













Growth over the corresponding period of previous year 





















Oct
4.2
4.1
16.5
-25.9
6.3
2.9
18.3
-1.6
41.9
0.2
4.8
-3.0













Apr-Oct
4.5
4.0
9.0
-22.1
2.5
3.5
4.5
1.2
11.7
6.4
0.1
-2.5


























* Indices for Oct 2016 are Quick Estimates.








NOTE : Indices for the months of Jul'16 and Sep'16 incorporate updated production data.


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