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Quick estimates of Index of Industrial Production and use-based Index for the month of January, 2020 (Base 2011-12=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of January 2020 stands at 137.1, which is 2.0 percent higher as compared to the level in the month of January 2019. The cumulative growth for the period April-January 2019-20 over the corresponding period of the previous year stands at 0.5percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2020 stand at 124.3, 137.6 and 155.6 respectively, with the corresponding growth rates of 4.4 percent, 1.5percent and 3.1percent as compared to January 2019 (Statement I). The cumulative growth in these three sectors during April-January 2019-20 over the corresponding period of 2018-19 has been 1.0 percent, 0.3percent and 0.9percentrespectively.

3.        In terms of industries, eleven out of the twenty three industry groups (as per 2-digit level of National Industrial Classification-2008) in the manufacturing sector have shown positive growth during the month of January 2020 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of tobacco products’ has shown the highest positive growth of 22.8percent followed by 14.1percent in ‘Manufacture of basic metals’ and 9.0 percent in ‘Manufacture of furniture’. On the other hand, the industry group ‘Printing and reproduction of recorded media’ has shown the highest negative growth of (-) 16.3percent followed by (-) 11.6percent in ‘Manufacture of computer, electronic and optical products’ and (-) 10.6 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’.

4.        As per Use-based classification, the growth rates in January 2020 over January 2019 are 1.8percent in Primary goods, (-) 4.3percent in Capital goods, 15.8percent in Intermediate goods and (-) 2.2 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 4.0 percent and (-) 0.3percent respectively.

5.        Details of item groups exhibiting larger variations in production in absolute terms and weighted terms are at Statement IV.

6.        Along with the Quick Estimates of IIP for the month of January 2020, the indices for December 2019 have undergone the first revision and those for October 2019 have undergone the final revision in the light of the updated data received from the source agencies.

7.        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 January 2020, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

8.        Release of the Index for February 2020 will be on Thursday, 9th April 2020.

Note: –

  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.nic.in
  2. 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
(14.372472) (77.63321) (7.994318) (100)
2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20
Apr 102.6 107.8 123.1 126.2 153.7 162.9 122.6 126.5
May 107.6 110.1 130.1 135.8 164.7 176.9 129.6 135.4
Jun 104.9 106.5 128.6 129.0 159.9 173.6 127.7 129.3
Jul 95.5 100.2 127.6 133.7 162.0 170.5 125.7 131.8
Aug 92.0 92.0 130.6 128.4 167.2 165.7 128.0 126.2
Sep 94.5 86.4 131.6 126.0 162.9 158.7 128.8 122.9
Oct 108.2 99.5 133.9 126.3 166.0 145.8 132.8 124.0
Nov 110.6 112.6 126.8 130.2 147.3 139.9 126.1 128.4
Dec 114.4 120.9 135.8 134.8 150.4 150.3 133.9 134.0
Jan* 119.1 124.3 135.5 137.6 150.9 155.6 134.4 137.1
Feb 112.5   129.3   137.9   127.6  
Mar 132.7   144.6   160.1   144.1  
Average              
         
Apr-Jan 104.9 106.0 130.4 130.8 158.5 160.0 129.0 129.6
             
Growth over the corresponding period of previous year        
         
Jan* 3.8 4.4 1.3 1.5 0.9 3.1 1.6 2.0
         
Apr-Jan 3.1 1.0 4.4 0.3 5.9 0.9 4.4 0.5
                 
* Figures for Jan 2020 are Quick Estimates.
NOTE : Indices for the months of Oct’19 and Dec’19 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     Jan’19 Jan’20* Apr-Jan* Jan’20* Apr-Jan*
          2018-19 2019-20   2019-20
10 Manufacture of food products 5.3025 153.3 151.9 117.3 123.0 -0.9 4.9
11 Manufacture of beverages 1.0354 107.4 100.7 108.2 107.8 -6.2 -0.4
12 Manufacture of tobacco products 0.7985 88.9 109.2 92.5 96.6 22.8 4.4
13 Manufacture of textiles 3.2913 118.2 122.0 119.1 116.6 3.2 -2.1
14 Manufacture of wearing apparel 1.3225 171.8 182.3 148.6 159.5 6.1 7.3
15 Manufacture of leather and related products 0.5021 126.8 129.8 124.2 124.0 2.4 -0.2
16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0.1930 95.4 103.9 103.0 116.1 8.9 12.7
17 Manufacture of paper and paper products 0.8724 100.7 92.7 105.8 93.2 -7.9 -11.9
18 Printing and reproduction of recorded media 0.6798 102.5 85.8 97.2 90.0 -16.3 -7.4
19 Manufacture of coke and refined petroleum products 11.7749 130.2 129.9 126.8 126.3 -0.2 -0.4
20 Manufacture of chemicals and chemical products 7.8730 123.7 125.3 118.7 120.0 1.3 1.1
21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4.9810 226.5 227.4 213.7 218.7 0.4 2.3
22 Manufacture of rubber and plastics products 2.4222 106.7 104.0 108.6 102.0 -2.5 -6.1
23 Manufacture of other non-metallic mineral products 4.0853 130.0 132.8 122.1 121.2 2.2 -0.7
24 Manufacture of basic metals 12.8043 146.0 166.6 140.2 158.9 14.1 13.3
25 Manufacture of fabricated metal products, except machinery and equipment 2.6549 102.4 95.0 105.7 91.9 -7.2 -13.1
26 Manufacture of computer, electronic and optical products 1.5704 158.9 140.5 169.5 155.6 -11.6 -8.2
27 Manufacture of electrical equipment 2.9983 115.1 112.2 110.8 108.7 -2.5 -1.9
28 Manufacture of machinery and equipment n.e.c. 4.7653 118.3 119.7 122.0 109.5 1.2 -10.2
29 Manufacture of motor vehicles, trailers and semi-trailers 4.8573 120.7 107.9 122.9 103.7 -10.6 -15.6
30 Manufacture of other transport equipment 1.7763 141.4 128.7 148.4 140.1 -9.0 -5.6
31 Manufacture of furniture 0.1311 185.7 202.5 212.5 199.6 9.0 -6.1
32 Other manufacturing 0.9415 88.7 87.7 90.9 83.0 -1.1 -8.7
                 
05 Mining 14.3725 119.1 124.3 104.9 106.0 4.4 1.0
10-32 Manufacturing 77.6332 135.5 137.6 130.4 130.8 1.5 0.3
35 Electricity 7.9943 150.9 155.6 158.5 160.0 3.1 0.9
                 
  General Index 100.00 134.4 137.1 129.0 129.6 2.0 0.5
* Figures for January 2020 are Quick Estimates.

 

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 (34.048612) (8.223043) (17.221487) (12.338363) (12.839296) (15.329199)
  2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20
Apr 119.7 125.8 97.6 96.2 120.1 123.7 135.9 135.0 124.4 127.1 132.8 140.0
May 129.0 131.9 106.1 103.9 123.4 138.8 140.8 145.0 133.5 133.8 138.6 149.8
Jun 127.1 127.8 109.5 101.9 121.8 136.5 142.4 140.6 133.6 120.0 128.5 138.0
Jul 123.6 128.1 98.7 91.8 121.4 140.4 136.1 140.1 133.5 130.3 135.1 146.6
Aug 120.7 121.9 112.2 88.7 126.6 135.9 138.6 130.7 135.1 122.0 140.0 144.4
Sep 120.0 113.8 115.0 91.4 125.6 134.1 137.2 127.6 136.9 122.5 145.6 144.0
Oct 129.5 121.7 114.1 88.5 125.5 136.4 143.9 129.9 139.7 113.3 143.4 138.6
Nov* 124.8 124.4 100.0 91.8 120.2 140.0 135.5 132.3 118.3 116.4 148.6 150.9
Dec* 126.6 129.6 114.7 94.1 129.9 147.2 146.1 143.1 124.2 117.5 163.4 157.0
Jan* 131.0 133.4 107.1 102.5 127.0 147.1 147.2 143.9 128.7 123.6 159.2 158.7
Feb 121.1   107.7   118.5   141.1   125.1   153.9  
Mar 140.0   118.6   154.4   155.4   131.7   156.6  
Average                        
             
Apr-Jan 125.2 125.8 107.5 95.1 124.2 138.0 140.4 136.8 130.8 122.7 143.5 146.8
                         
Growth over the corresponding period of previous year                
             
Jan 1.4 1.8 -3.6 -4.3 -2.8 15.8 6.4 -2.2 2.5 -4.0 3.8 -0.3
             
Apr-Jan 3.8 0.5 5.7 -11.5 0.2 11.1 8.2 -2.6 7.0 -6.2 4.2 2.3
                         
* Indices for Jan 2020 are Quick Estimates.
NOTE : Indices for the months of Oct’19 and Dec’19 incorporate updated production data.

 

 

STATEMENT IV
Sl No Item Group Weights (%) Production Growth (%)
Item Groups with high positive growth in production
1 API & formulations of hypo-lipidemic agents incl. anti-hyper-triglyceridemics (e.g. simvastatin, atorvastatin, etc); anti-hypertensive 0.31 246.7
2 MS slabs 0.84 165.9
3 Separators including decanter centrifuge 0.16 132.4
4 Electric heaters 0.25 104.5
5 Pipes and tubes of Steel 0.34 75.4
Item Groups with high negative growth in production
1 Bars and Rods of Alloy and Stainless Steel 0.57 -48.0
2 Printed Circuit Boards (whether or not mounted with IC chips /components) 0.22 -47.6
3 Furnace oil 0.58 -43.4
4 Meters (electric and non-electric) 0.16 -39.2
5 Steel Structurals (including angles, shapes, sections, etc.) 0.79 -33.5
Sl No Item Group Weights (%) Contribution to IIP Growth
High Positive Contributors
1 MS slabs 0.84 1.9715
2 Mining 14.37 0.5561
3 HR coils and sheets  of mild steel 1.35 0.5258
4 Separators including decanter centrifuge 0.16 0.4342
5 Electricity 7.99 0.2796
High Negative Contributors
1 Bars and Rods of Alloy and Stainless Steel 0.57 -0.5286
2 Steel Structurals (including angles, shapes, sections, etc.) 0.79 -0.4100
3 Sugar 0.76 -0.2881
4 Digestive enzymes and antacids (incl. PPI drugs) 0.22 -0.2074
5 Two-wheelers (motorcycles/ scooters) 1.36 -0.1684

 

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