Ministry of Statistics & Programme Implementation

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of February, 2020 (Base 2011-12=100)

Posted On: 09 APR 2020 5:30PM by PIB Delhi

The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of February 2020 stands at 133.3, which is 4.5 percent higher as compared to the level in the month of February 2019. The cumulative growth for the period April-February 2019-20 over the corresponding period of the previous year stands at 0.9 percent.

2.        The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2020 stand at 123.7, 133.5 and 149.1 respectively, with the corresponding growth rates of 10.0 percent, 3.2 percent and 8.1 percent as compared to February 2019 (Statement I). The cumulative growth in these three sectors during April-February 2019-20 over the corresponding period of 2018-19 has been 1.9 percent, 0.6 percent and 1.5 percent respectively.

3.        In terms of industries, thirteen 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 February 2020 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of basic metals’ has shown the highest positive growth of 18.2 percent followed by 8.0 percent in ‘Manufacture of chemicals and chemical products’ and in ‘Manufacture of other non-metallic mineral products’. On the other hand, the industry group ‘Manufacture of motor vehicles, trailers and semi-trailers’ has shown the highest negative growth of (-) 15.6 percent followed by (-) 14.8 percent in ‘Manufacture of computer, electronic and optical products’ and (-) 9.9 percent in ‘Manufacture of fabricated metal products, except machinery and equipment’.

4.        As per Use-based classification, the growth rates in February 2020 over February 2019 are 7.4 percent in Primary goods, (-) 9.7 percent in Capital goods, 22.4 percent in Intermediate goods and 0.1 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of (-) 6.4 percent and 0.0 percent 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 February 2020, the indices for January 2020 have undergone the first revision and those for November 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 February 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 March 2020 will be on Tuesday, 12th May 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

112.7

126.8

130.6

147.3

139.9

126.1

128.8

Dec

114.4

120.9

135.8

134.8

150.4

150.3

133.9

134.0

Jan

119.1

124.2

135.5

137.7

150.9

155.6

134.4

137.2

Feb*

112.5

123.7

129.3

133.5

137.9

149.1

127.6

133.3

Mar

132.7

 

144.6

 

160.1

 

144.1

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Feb

105.6

107.6

130.3

131.1

156.6

159.0

128.8

129.9

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

Feb*

2.2

10.0

-0.3

3.2

1.3

8.1

0.2

4.5

 

 

 

 

 

 

 

 

 

Apr-Feb

3.0

1.9

3.9

0.6

5.5

1.5

4.0

0.9

 

 

 

 

 

 

 

 

 

* Figures for Feb 2020 are Quick Estimates.

         

NOTE : Indices for the months of Nov'19 and Jan'20 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

 

 

Feb'19

Feb'20*

Apr-Feb*

Feb'19*

Apr-Feb*

 

 

 

 

 

 

2018-19

2019-20

 

2019-20

 

10

Manufacture of food products

5.3025

144.0

135.4

119.7

123.9

-6.0

3.5

 

11

Manufacture of beverages

1.0354

107.6

107.1

108.2

107.8

-0.5

-0.4

 

12

Manufacture of tobacco products

0.7985

96.1

101.4

92.8

97.1

5.5

4.6

 

13

Manufacture of textiles

3.2913

113.8

119.6

118.6

117.2

5.1

-1.2

 

14

Manufacture of wearing apparel

1.3225

171.5

177.3

150.6

161.1

3.4

7.0

 

15

Manufacture of leather and related products

0.5021

124.0

133.3

124.2

124.8

7.5

0.5

 

16

Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

0.1930

109.0

117.2

103.5

116.3

7.5

12.4

 

17

Manufacture of paper and paper products

0.8724

91.9

89.7

104.5

92.8

-2.4

-11.2

 

18

Printing and reproduction of recorded media

0.6798

92.6

95.1

96.7

91.3

2.7

-5.6

 

19

Manufacture of coke and refined petroleum products

11.7749

118.3

125.6

126.0

126.2

6.2

0.2

 

20

Manufacture of chemicals and chemical products

7.8730

111.6

120.5

118.1

120.1

8.0

1.7

 

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

222.1

229.0

214.4

219.6

3.1

2.4

 

22

Manufacture of rubber and plastics products

2.4222

101.8

102.7

107.9

102.0

0.9

-5.5

 

23

Manufacture of other non-metallic mineral products

4.0853

121.9

131.6

122.1

122.1

8.0

0.0

 

24

Manufacture of basic metals

12.8043

140.1

165.6

140.2

159.8

18.2

14.0

 

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

104.3

94.0

105.6

92.1

-9.9

-12.8

 

26

Manufacture of computer, electronic and optical products

1.5704

151.0

128.6

167.8

153.2

-14.8

-8.7

 

27

Manufacture of electrical equipment

2.9983

104.8

103.3

110.2

108.3

-1.4

-1.7

 

28

Manufacture of machinery and equipment n.e.c.

4.7653

121.4

113.0

122.0

109.7

-6.9

-10.1

 

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

117.1

98.8

122.4

103.3

-15.6

-15.6

 

30

Manufacture of other transport equipment

1.7763

142.5

132.2

147.9

139.3

-7.2

-5.8

 

31

Manufacture of furniture

0.1311

201.9

207.6

211.6

200.5

2.8

-5.2

 

32

Other manufacturing

0.9415

89.7

82.8

90.8

83.0

-7.7

-8.6

 

 

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

112.5

123.7

105.6

107.6

10.0

1.9

 

10-32

Manufacturing

77.6332

129.3

133.5

130.3

131.1

3.2

0.6

 

35

Electricity

7.9943

137.9

149.1

156.6

159.0

8.1

1.5

 

 

 

 

 

 

 

 

 

 

 

 

General Index

100.00

127.6

133.3

128.8

129.9

4.5

0.9

 

* Figures for February 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

124.5

100.0

91.1

120.2

140.9

135.5

134.5

118.3

116.7

148.6

150.2

 

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

133.3

107.1

102.5

127.0

147.2

147.2

143.8

128.7

123.8

159.2

158.7

 

Feb*

121.1

130.1

107.7

97.3

118.5

145.1

141.1

141.2

125.1

117.1

153.9

153.9

 

Mar

140.0

 

118.6

 

154.4

 

155.4

 

131.7

 

156.6

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Feb

124.8

126.2

107.5

95.2

123.6

138.7

140.4

137.4

130.3

122.2

144.5

147.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Growth over the corresponding period of previous year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Feb*

1.3

7.4

-9.3

-9.7

-5.0

22.4

1.9

0.1

0.9

-6.4

5.0

0.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-Feb

3.6

1.1

4.1

-11.4

-0.3

12.2

7.5

-2.1

6.4

-6.2

4.3

2.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Figures for Feb 2020 are Quick Estimates.

                 

 

NOTE : Indices for the months of Nov'19 and Jan'20 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

256.1

2

Fragrances & Oil essentials

0.20

190.3

3

MS slabs

0.84

186.9

4

Ship building and parts thereof

0.19

77.4

5

Pipes and tubes of Steel

0.34

57.1

Item Groups with high negative growth in production

1

Soyabean Oil

0.19

-87.9

2

Bars and Rods of Alloy and Stainless Steel

0.57

-48.2

3

Meters (electric and non-electric)

0.16

-45.0

4

Printed Circuit Boards (whether or not mounted with IC chips /components)

0.22

-41.3

5

Axle

0.34

-41.3

       
       

Sl No

Item Group

Weights (%)

Contribution to IIP Growth

High Positive Contributors

1

MS slabs

0.84

2.2575

2

Mining

14.37

1.2625

3

Electricity

7.99

0.7022

4

HR coils and sheets  of mild steel

1.35

0.5437

5

Fragrances & Oil essentials

0.20

0.3664

High Negative Contributors

1

Bars and Rods of Alloy and Stainless Steel

0.57

-0.5337

2

Steel Structurals (including angles, shapes, sections, etc.)

0.79

-0.3728

3

Commercial Vehicles

0.94

-0.3593

4

Digestive enzymes and antacids (incl. PPI drugs)

0.22

-0.3514

5

Two-wheelers (motorcycles/ scooters)

1.36

-0.2941

 

******

VRRK/VJ


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