1. 1
GOVERNMENT OF INDIA
MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION
CENTRAL STATISTICS OFFICE
New Delhi
Dated: May 11, 2012
PRESS RELEASE
QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-
BASED INDEX FOR THE MONTH OF MARCH, 2012
(BASE 2004-05=100)
The Quick Estimates of Index of Industrial Production (IIP) with base 2004-
05 for the month of March 2012 have been released by the Central Statistics
Office of the Ministry of Statistics and Programme Implementation. The
General Index for the month of March 2012 stands at 186.4, which is 3.5%
lower as compared to the level in the month of March 2011. The cumulative
growth for the period April-March 2011-12 stands at 2.8% over the
corresponding period of the previous year.
2. The Indices of Industrial Production for the Mining, Manufacturing and
Electricity sectors for the month of March 2012 stand at 149.3, 197.1
and 158.6 respectively, with the corresponding growth rates of (-)1.3%,
(-)4.4% and 2.7% as compared to March 2011 (Statement I). The
cumulative growth in the three sectors during April-March, 2011-12 over
the corresponding period of 2010-11 has been (-)2.0%, 2.9% and 8.2%
respectively, which moved the overall growth in the General Index to 2.8%.
3. In terms of industries, ten (10) out of the twenty two (22) industry groups
(as per 2-digit NIC-2004) in the manufacturing sector have shown positive
growth during the month of March 2012 as compared to the corresponding
month of the previous year (Statement II). The industry group ‘Publishing,
Printing and Reproduction of Recorded Media’ has shown the highest
growth of 52.8%, followed by 17.4% in ‘Radio, TV and Communication
Equipment and Apparatus’ and 13.9% in ‘Rubber and Plastic products’. On
the other hand, the industry group ‘Wearing apparel; dressing and dyeing
of fur’ has shown a negative growth of 54.5% followed by 42.9% in ‘Electric
Machinery and apparatus n.e.c.’ and 21.9% in ‘Medical, precision & optical
instruments, watches and clocks’.
4. As per Use-based classification, the growth rates in March 2012 over
March 2011 are 1.1% in Basic goods, (-) 21.3% in Capital goods and
(-)2.1% in Intermediate goods (Statement III). The Consumer durables
and Consumer non-durables have recorded growth of 0.2% and 1.0%
respectively, with the overall growth in Consumer goods being 0.7%.
2. 2
5. Some of the important items of capital goods showing high negative
growth during the current month and thus contributing to the low
growth of the overall index for the month include
‘UPS/Inverter/Converter' [(-)78.0%], ‘Cable, Rubber insulated’
[(-)76.8%], ‘Heat Exchangers’ [(-)47.6%], ‘Sugar Machinery’ [(-)43.3%],
‘Transformers (small)’ [(-) 39.5%] and ‘Ship building & Repairs’
[(-)37.3%]. However, some important items of capital goods are also
showing positive growth. These are: ‘Cement machinery’ (55.9%),
‘Electric motors’ (44.5%), ‘Machine tools’ (43.2%) and ‘Drilling
Equipment’ (42.9%).
6. Some of the other important items showing high negative growth are:
‘Apparels’ [(-)57.2%], ‘Air Conditioners (room)’ [(-)49.4%], ‘Leather
Garments’ [(-)34.1%] and ‘HR Sheets’ [(-)33.4%]. Some of the items that
are showing high positive growth are ‘Pan Masala’ (665.5%), ‘Polythene
Bags including Hdpe & Ldpe Bags’ (450.1%), ‘Coir Mats & Mattings’
(61.4%) and ‘Newspapers’ (55.9%).
7. Along with the Q.E. of IIP for the month of March 2012, the indices for
February 2012 have undergone the first revision and those for
December 2011 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 February 2012 shall
undergo final (second) revision along with the release of IIP for the month of
May 2012)
8. 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 March 2012, along with
the growth rates over the corresponding month of previous year,
including the cumulative indices and growth rates, 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 April 2012 will be at 11.00 hours
Tuesday, 12 June 2012.
3. 2010-2011 2011-2012 2010-2011 2011-2012 2010-2011 2011-2012 2010-2011 2011-2012
Apr 126.4 128.4 166.6 176.1 137.1 146.0 157.8 166.2
May 128.6 130.9 164.2 174.5 139.0 153.3 156.5 166.2
Jun 125.3 123.5 165.5 184.0 133.7 144.3 156.6 171.4
Jul 123.3 124.1 172.1 177.4 134.5 152.1 161.3 167.2
Aug 121.7 115.0 165.2 171.7 136.4 149.4 156.1 161.4
Sep 117.7 108.8 172.1 177.4 132.2 144.1 160.3 164.3
Oct 130.3 122.6 176.4 165.9 144.1 152.1 166.6 158.3
Nov 133.5 128.8 166.8 177.8 127.0 145.6 158.0 167.5
Dec 141.5 136.8 187.3 192.6 137.3 149.8 175.6 180.3
Jan 141.0 137.6 186.5 189.1 146.4 151.1 175.9 177.9
Feb 132.0 135.6 179.4 186.4 134.3 145.1 168.0 174.9
Mar* 151.2 149.3 206.2 197.1 154.4 158.6 193.1 186.4
Average
Apr-Mar 131.0 128.4 175.7 180.8 138.0 149.3 165.5 170.2
Growth over the corresponding period of previous year
March 0.4 -1.3 11.0 -4.4 7.2 2.7 9.4 -3.5
Apr-Mar 5.2 -2.0 8.9 2.9 5.5 8.2 8.2 2.8
* Indices for March 2012 are Quick Estimates.
NOTE : Indices for the months of Dec'11 and Feb'12 incorporate updated production data.
General
Month (1000.00)
STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL
(Base : 2004-05=100)
Mining
(141.57)
Manufacturing
(755.27)
Electricity
(103.16)
4. Mar'11 Mar'12 Mar'12 Apr-Mar
2010-2011 2011-2012 2011-2012
15 Food products and
beverages
72.76 196.9 214.2 142.9 164.1 8.8 14.8
16 Tobacco products 15.70 87.4 98.8 104.1 110.0 13.0 5.7
17 Textiles 61.64 135.5 137.1 135.9 133.8 1.2 -1.5
18 Wearing apparel;
dressing and dyeing of
fur
27.82 168.0 76.4 142.2 131.4 -54.5 -7.6
19 Luggage, handbags,
saddlery, harness &
footwear; tanning and
dressing of leather
products
5.82 124.1 122.7 114.3 118.4 -1.1 3.6
20 Wood and products of
wood & cork except
furniture; articles of
straw & plating
materials
10.51 168.0 163.8 156.5 158.5 -2.5 1.3
21 Paper and paper
products
9.99 142.4 140.1 131.4 137.7 -1.6 4.8
22 Publishing, printing &
reproduction of
recorded media
10.78 157.4 240.5 148.8 192.9 52.8 29.6
23 Coke, refined
petroleum products &
nuclear fuel
67.15 128.5 132.6 121.5 125.4 3.2 3.2
24 Chemicals and
chemical products
100.59 126.3 125.8 123.1 122.6 -0.4 -0.4
25 Rubber and plastics
products
20.25 184.7 210.3 185.2 185.8 13.9 0.3
26 Other non-metallic
mineral products
43.14 174.1 179.6 151.4 158.9 3.2 5.0
27 Basic metals 113.35 202.1 199.1 176.7 192.0 -1.5 8.7
28 Fabricated metal
products, except
machinery & equipment
30.85 304.9 294.1 182.8 203.2 -3.5 11.2
29 Machinery and
equipment n.e.c.
37.63 406.6 320.2 256.3 241.2 -21.2 -5.9
30 Office, accounting &
computing machinery
3.05 226.4 237.9 146.3 150.3 5.1 2.7
31 Electrical machinery &
apparatus n.e.c.
19.80 533.6 304.5 472.1 366.2 -42.9 -22.4
32 Radio, TV and
communication
equipment & apparatus
9.89 812.9 954.5 911.5 950.1 17.4 4.2
33 Medical, precision &
optical instruments,
watches and clocks
5.67 160.7 125.5 107.8 119.6 -21.9 10.9
34 Motor vehicles, trailers
& semi-trailers
40.64 295.1 283.7 233.3 258.6 -3.9 10.8
35 Other transport
equipment
18.25 262.9 255.9 210.7 234.6 -2.7 11.3
36 Furniture;
manufacturing n.e.c.
29.97 141.3 145.1 141.2 138.6 2.7 -1.8
10 Mining & Quarrying 141.57 151.2 149.3 131.0 128.4 -1.3 -2.0
15-36 Manufacturing 755.27 206.2 197.1 175.7 180.8 -4.4 2.9
40 Electricity 103.16 154.4 158.6 138.0 149.3 2.7 8.2
General Index 1000 193.1 186.4 165.5 170.2 -3.5 2.8
*Industry codes are as per National Industrial Classification 2004
(Base : 2004-05=100)
STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION - 2 DIGIT LEVEL
Industry
code*
Description Weight
Index Cumulative Index
Apr-Mar
Percentage growth
5. Month
2010-2011 2011-2012 2010-2011 2011-2012 2010-2011 2011-2012
Apr 135.5 145.2 248.3 264.8 139.0 144.4
May 139.0 149.4 234.1 248.6 143.5 143.7
Jun 135.4 145.9 234.4 325.2 141.9 144.1
Jul 135.6 149.1 287.9 248.5 146.3 146.2
Aug 136.8 144.7 251.6 261.6 144.1 142.6
Sep 133.2 140.2 306.8 286.8 141.7 139.7
Oct 145.5 147.3 306.6 225.4 146.0 133.8
Nov 139.0 148.0 269.9 257.3 139.6 141.4
Dec 148.5 156.6 313.6 263.5 152.0 149.7
Jan 153.9 156.7 263.8 259.2 150.2 146.0
Feb 142.1 153.1 237.0 261.1 144.0 143.7
Mar* 161.5 163.2 392.2 308.5 155.1 151.9
Average
Apr-Mar 142.2 150.0 278.9 267.5 145.3 143.9
Growth over the corresponding period of previous year
March 6.4 1.1 14.5 -21.3 3.0 -2.1
Apr-Mar 6.0 5.5 14.8 -4.1 7.4 -1.0
* Indices for March 2012 are Quick Estimates.
NOTE : Indices for the months of Dec'11 and Feb'12 incorporate updated production data.
STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)
Basic goods
(456.82)
Capital goods
(88.25)
Intermediate goods
(156.86)
6. Month
2010-2011 2011-2012 2010-2011 2011-2012 2010-2011 2011-2012
Apr 175.2 180.8 286.0 290.5 131.3 137.3
May 167.3 179.3 268.9 282.6 127.0 138.4
Jun 173.7 179.1 277.3 281.7 132.6 138.4
Jul 171.1 182.0 279.4 304.6 128.2 133.5
Aug 163.7 167.2 263.5 278.0 124.2 123.3
Sep 168.2 177.8 283.1 308.4 122.7 126.0
Oct 168.3 168.4 289.2 288.1 120.4 121
Nov 163.7 184.7 269.8 297.8 121.7 139.9
Dec 188.9 208.0 283.5 298.0 151.4 172.3
Jan 197.3 203.0 310.8 288.7 152.3 169.1
Feb 200.0 199.4 317.2 297.8 153.5 160.4
Mar* 202.5 203.9 323.3 324.0 154.7 156.3
Average
Apr-Mar 178.3 186.1 287.7 295.0 135.0 143
Growth over the corresponding period of previous year
March 13.2 0.7 14.9 0.2 11.9 1
Apr-Mar 8.5 4.4 14.2 2.5 4.2 5.9
* Indices for March 2012 are Quick Estimates.
NOTE : Indices for the months of Dec'11 and Feb'12 incorporate updated production data.
STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED
(Base : 2004-05=100)
Consumer goods
(298.08)
Consumer durables
(84.60)
Consumer non-durables
(213.47)
![2
5. Some of the important items of capital goods showing high negative
growth during the current month and thus contributing to the low
growth of the overall index for the month include
‘UPS/Inverter/Converter' [(-)78.0%], ‘Cable, Rubber insulated’
[(-)76.8%], ‘Heat Exchangers’ [(-)47.6%], ‘Sugar Machinery’ [(-)43.3%],
‘Transformers (small)’ [(-) 39.5%] and ‘Ship building & Repairs’
[(-)37.3%]. However, some important items of capital goods are also
showing positive growth. These are: ‘Cement machinery’ (55.9%),
‘Electric motors’ (44.5%), ‘Machine tools’ (43.2%) and ‘Drilling
Equipment’ (42.9%).
6. Some of the other important items showing high negative growth are:
‘Apparels’ [(-)57.2%], ‘Air Conditioners (room)’ [(-)49.4%], ‘Leather
Garments’ [(-)34.1%] and ‘HR Sheets’ [(-)33.4%]. Some of the items that
are showing high positive growth are ‘Pan Masala’ (665.5%), ‘Polythene
Bags including Hdpe & Ldpe Bags’ (450.1%), ‘Coir Mats & Mattings’
(61.4%) and ‘Newspapers’ (55.9%).
7. Along with the Q.E. of IIP for the month of March 2012, the indices for
February 2012 have undergone the first revision and those for
December 2011 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 February 2012 shall
undergo final (second) revision along with the release of IIP for the month of
May 2012)
8. 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 March 2012, along with
the growth rates over the corresponding month of previous year,
including the cumulative indices and growth rates, 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 April 2012 will be at 11.00 hours
Tuesday, 12 June 2012.](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)