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India’s IIP Index of Industrial Production for April 2013

India’s IIP Index of Industrial Production for April 2013

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India’s IIP Index of Industrial Production for the month of April 2013
India’s IIP Index of Industrial Production for the month of April 2013

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05/14/2014

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India’s IIP Index of Industrial Production for April 2013Quick Estimates of Index of Industrial Production and use-Based Index for theMonth of April, 2013 (Base 2004-05=100)
The Quick Estimates of Index of Industrial Production (IIP)with base 2004-05 for the month of April 2013 havebeen released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation.IIP is compiled using data received from 16 source agenciesviz. Department of Industrial Policy & Promotion (DIPP);Indian Bureau of Mines;Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner;Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati,Vegetable Oils & Fats; Tea Board; Office of JuteCommissioner; Office of Coal Controller; Railway Board;Office of Salt Commissioner and Coffee Board.2. The General Index for the month of April 2013stands at 167.3, which is 2.0% higher as compared to thelevel in the month of April 2012. The cumulative growth for the period April-March 2012-13 over thecorresponding period of the previous year stands at 1.1%.3. The Indices of Industrial Production for theMining, Manufacturing and Electricity sectors for the monthof April 2013 stand at 121.0, 177.8 and 153.8 respectively,with the corresponding growth rates of (-) 3.0%, 2.8% and 0.7% as compared to April 2012 (Statement I). Thecumulative growth in the three sectors during April-March2012-13 over the corresponding period of 2011-12 has been(-) 2.4%, 1.2% and 4.0% respectively. 4. In terms of industries, thirteen (13) out of the twenty two(22) industry groups (as per 2-digit NIC-2004) inthe manufacturing sector have shown positive growth during the month of April 2013 as compared to the
 
corresponding month of the previous year (Statement II).The industry group ‘Wearing apparel; dressing and dyeing of fur’ has shown the highest positive growth of 86.6%, followed by 25.4% in ‘Electrical machinery and apparatus n.e.c.’ and 19.9% in ‘Furniture;manufacturing n.e.c.’. On the other hand, the industry group ‘Office, accounting & computing machinery’ hasshown a negative growth of 38.9% followed by 28.1% in‘Radio, TV and communication equipment & apparatus’ and 12.0% in ‘Medical, precision & optical instruments, watches& clocks’.5. As per Use-based classification, the growth rates in April 2013 over April 2012 are 1.3% in Basic goods, 1.0%in Capital goods and 2.4% in Intermediate goods (Statement III). The Consumer durables and Consumer non-durableshave recorded growth of (-) 8.3% and 12.3% respectively,with the overall growth in Consumer goods being 2.8%.6. Some of the important itemsshowing high positive growth during the current month over the samemonth in previous year include ‘Woollen Carpets’(172.3%), ‘Apparels’ (96.4%), ‘Naphtha’ (25.1%), ‘Vitamins’(136.6%), ‘PVC Pipes and Tubes’ (36.9%), ‘Conductor, Aluminium’ (47.8%) ‘Cable, Rubber Insulated’ (98.3%),‘Three-wheelers (including passenger and goods carrier’(21.4%), ‘Gems and Jewellery’ (24.5%) and ‘Pens of all kind’(36.8%).7. Some of the other important items showing highnegative growth are: ‘Cigarettes’ [(-) 37.8%], ‘Terry Towel’ [(-) 21.8%], ‘Di Ammonium Phosphate (DAP)’ [(-) 44.7%],‘Grinding Wheels’ [(-) 29.6%], ‘Copper and Copper Products’ [(-) 47.0%], ‘Boilers’ [(-) 47.3%], ‘Heat Exchangers’ [(-) 47.9%], ‘Earth Moving Machinery’ [(-) 32.8%], ‘Sugar Machinery’ [(-) 79.2%], ‘Plastic Machinery Incl. MouldingMachinery’ [(-) 39.4%], ‘Computers’ [(-) 41.7%] and ‘Telephone Instruments including Mobile Phones & Accessories’ [(-) 30.9%].8. Along with the Q.E. of IIP for the month of April 2013,the indices for March 2013 have undergone thefirst revision and those for January 2013 have undergonethe final revision in the light of the updated datareceived from the source agencies. It may be noted that these revised indices (first revision) in respect of March

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