labels: industry - general
Industrial production rises 10.7 per cent in Augustnews
12 October 2007
Mumbai: Industrial production in the country rose 10.7 per cent in August this year compared to 10.3 per cent in the corresponding period of the previous year.

According to quick estimates by the Central Statistical Organisation, the general index of industrial production (IIP) for August 2007 stood at 256.5 points, which is 10.7 per cent higher compared to its August 2006 level.

Cumulative growth for the period April-August 2007-08 was 9.8 per cent above the corresponding period of the pervious year.

The indices for the mining, manufacturing and electricity sectors for August 2007 stood at 159.2, 278.3, and 219.9 respectively, with the corresponding growth rates of 17.1 per cent, 10.4 per cent and 9.2 per cent in August 2006.

Cumulative growth during April-August, 2007-08 over the corresponding 2006-07 period in the three sectors have been 5.4 per cent, 10.3 per cent and 8.3 per cent respectively, which moved the overall growth in the general index to 9.8 per cent

As many as 15 of the 17 industry groups have shown positive growth during August 2007.

Wood and wood products furniture and fixtures have shown the highest growth of 62.2 per cent; other manufacturing industries rose by 21.8 per cent; basic metal and alloy industries rose by 19.1 per cent; metal products and parts (except machinery and equipment) declined by 2.6 per cent; textile products (including apparel) declined by 2.1 per cent

Sectorwise, capital goods recorded the highest growth at 30.0 per cent; basic goods recorded a growth of 13.3 per cent; intermediate goods grew 12.3 per cent; consumer durables and consumer non-durables, however, registered negative growths of 6.2 per cent and 3.2 per cent respectively, with the overall growth in consumer goods being 0.5 per cent.

There are no significant variations in the indices in the second (final) revision for May 2007 and the first revision for July 2007on the basis of the updated data.

Index of industrial production (sectoral)

(Base : 1993-94=100)

Month

Mining

Manufacturing

Electricity

General

(104.73)

(793.58)

(101.69)

(1000.00)

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

Apr

157.1

161.2

237.7

267.1

198.0

215.2

225.2

250.7

May

162.0

168.1

252.0

280.5

206.3

225.6

237.9

263.1

Jun

156.2

158.5

249.4

274.0

198.3

211.7

234.4

255.6

Jul

152.1

157.7

250.9

270.6

201.1

216.2

235.5

253.2

Aug *

136.0

159.2

252.1

278.3

201.4

219.9

234.8

259.9

Sep

146.8

261.7

201.0

243.5

Oct

161.3

246.3

212.4

234.0

Nov

163.8

266.3

199.3

248.8

Dec

175.3

282.1

211.5

263.7

Jan

181.5

282.9

215.9

265.5

Feb

170.1

270.7

192.5

252.2

Mar

196.2

310.3

219.1

289.1

Average

Apr-Aug

152.7

160.9

248.4

274.1

201.0

217.7

233.6

256.5

Growth over the corresponding period of previous year

Aug

-1.7

17.1

11.9

10.4

4.1

9.2

10.3

10.7

Apr-Aug

3.0

5.4

12.2

10.3

5.7

8.3

11.0

9.8

* Indices for Aug''2007 are Quick Estimates.

NOTE : Indices for the months of May''2007 and Jul''2007 incorporate updated production data.


Index of industrial production

(2-digit level of national industrial classification (NIC) 1987)

(Base: 1993-94=100)

Industry

Description

Weight

Index

Cumulative Index

Percentage growth

code

Aug''2006

Aug''2007

Apr-Aug

Aug''2007

Apr-Aug

2006-2007

2007-2008

2007-2008

20-21

Food Products

90.8

121.3

123.0

133.7

155.6

1.4

16.4

22

Beverages, Tobacco and Related Products

23.8

439.7

475.5

440.5

477.0

8.1

8.3

23

Cotton Textiles

55.2

159.5

165.4

153.9

163.7

3.7

6.4

24

Wool, Silk and man-made fibre textiles

22.6

274.4

287.5

266.2

276.8

4.8

4.0

25

Jute and other vegetable fibre Textiles (except cotton)

5.9

115.2

126.2

97.8

119.6

9.5

22.3

26

Textile Products (including Wearing Apparel)

25.4

299.6

293.2

284.6

295.5

-2.1

3.8

27

Wood and Wood Products; Furniture and Fixtures

27.0

82.0

133.0

72.0

129.7

62.2

80.1

28

Paper & Paper Products and Printing, Publishing & Allied Industries

26.5

248.0

258.3

248.4

250.3

4.2

0.8

29

Leather and Leather & Fur Products

11.4

154.6

165.4

150.7

162.5

7.0

7.8

30

Basic Chemicals & Chemical Products (except products of Petroleum & Coal)

140.0

293.0

320.1

289.7

312.5

9.2

7.9

31

Rubber, Plastic, Petroleum and Coal Products

57.3

216.2

257.2

219.4

247.1

19.0

12.6

32

Non-Metallic Mineral Products

44.0

278.0

311.0

293.8

318.1

11.9

8.3

33

Basic Metal and Alloy Industries

74.5

258.8

308.2

251.2

300.0

19.1

19.4

34

Metal Products and Parts, except Machinery and Equipment

28.1

185.5

180.7

163.2

160.5

-2.6

-1.7

35-36

Machinery and Equipment other than Transport equipment

95.7

356.5

392.0

329.1

373.1

10.0

13.4

37

Transport Equipment and Parts

39.8

339.1

375.2

345.5

353.4

10.6

2.3

38

Other Manufacturing Industries

25.6

273.5

333.2

287.1

313.7

21.8

9.3

1

Mining & Quarrying

104.7

136.0

159.2

152.7

160.9

17.1

5.4

2-3

Manufacturing

793.6

252.1

278.3

248.4

274.1

10.4

10.3

4

Electricity

101.7

201.4

219.9

201.0

217.7

9.2

8.3

General Index

1000.0

234.8

259.9

233.6

256.5

10.7

9.8


Index of industrial production (use-based)

(Base : 1993-94=100)

Basic goods

Capital goods

Intermediate goods

Consumer goods

Consumer durables

Consumer non-durables

Month

(355.65)

(92.57)

(265.14)

(286.64)

(53.65)

(232.99)

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

2006-2007

2007-2008

Apr

195.9

212.8

251.0

278.4

225.3

249.2

253.7

290.9

333.8

341.8

235.2

279.2

May

202.8

223.6

273.5

334.7

242.9

264.2

265.7

288.8

382.8

380.3

238.7

267.7

Jun

197.7

215.7

291.1

378.5

239.4

259.7

257.6

262.1

371.1

356.7

231.5

240.3

Jul

199.3

216.9

282.7

316.3

245.2

261.2

256.4

271.0

361.1

352.0

232.3

252.4

Aug*

193.0

218.6

281.9

366.6

240.1

269.6

266.9

268.3

404.6

379.6

235.2

242.7

Sep

200.9

321.9

240.4

274.0

419.4

240.5

Oct

213.3

290.1

228.8

246.7

396.4

212.2

Nov

209.9

315.7

242.3

281.8

389.9

256.9

Dec

222.5

357.6

252.6

295.2

344.1

284.0

Jan

227.1

331.3

246.9

309.3

385.5

291.8

Feb

210.9

322.3

239.0

293.4

377.9

274.0

Mar

238.4

451.7

266.3

321.0

416.9

298.9

Average

Apr-Aug

197.7

217.5

276.0

334.9

238.6

260.8

260.1

276.2

370.7

362.1

234.6

256.5

Growth over the corresponding period of previous year

Aug

4.8

13.3

16.6

30.0

8.7

12.3

15.0

0.5

19.0

-6.2

13.6

3.2

Apr-Aug

8.3

10.0

19.5

21.3

10.4

9.3

11.4

6.2

16.1

-2.3

9.8

9.3

* Indices for Aug''2007 are Quick Estimates

NOTE : Indices for the months of May''2007 and Jul''2007 incorporate updated production data.

also see : General reports on Economy

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Industrial production rises 10.7 per cent in August