India's IIP Grows By 5.8 Per Cent In September 2023


azadi ka amrit mahotsav

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.

For the month of September 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 141.6. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2023 stand at 111.5, 140.6 and 205.9 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

As per Use-based classification, the indices stand at 138.8 for Primary Goods, 111.6 for Capital Goods, 153.8 for Intermediate Goods and 168.7 for Infrastructure/ Construction Goods for the month of September 2023. Further, the indices for Consumer durables and Consumer non-durables stand at 125.0 and 142.6 respectively for the month of September 2023.

Details of Quick Estimates of the Index of Industrial Production for the month of September 2023 at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification are given at Statements I, II and III respectively. Also, for users to appreciate the changes in the industrial sector, Statement IV provides month-wise indices for the last 12 months, by industry groups (as per 2-digit level of NIC-2008) and sectors.

Along with the Quick Estimates of IIP for the month of September 2023, the indices for August 2023 have undergone the first revision and those for June 2023 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for September 2023, the first revision for August 2023 and the final revision for June 2023 have been compiled at weighted response rates of 91 percent, 95 percent and 95 percent respectively.

Release of the Index for October 2023 will be on Tuesday, 12th December 2023.

Note: –

  1. This Press release information is also available at the Website of the Ministry –http://www.mospi.gov.in
  2. Press release in Hindi follows and shall be available at: https://www.mospi.gov.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)

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

Apr

116.6

122.6

131.6

138.8

194.5

192.3

134.5

140.7

May

120.4

128.1

134.6

143.1

199.9

201.6

137.8

145.6

Jun

113.7

122.3

136.8

141.6

196.9

205.2

138.3

143.9

Jul

101.1

111.9

135.0

141.8

188.9

204.0

134.4

142.5

Aug

99.6

111.9

131.3

143.5

191.3

220.5

131.5

145.1

Sep*

100.0

111.5

134.6

140.6

187.4

205.9

133.8

141.6

Oct

112.6

 

128.5

 

169.3

 

129.5

 

Nov

122.7

 

137.5

 

166.7

 

137.7

 

Dec

132.6

 

144.9

 

179.4

 

145.9

 

Jan

136.1

 

145.5

 

186.6

 

147.4

 

Feb

129.2

 

137.6

 

174.0

 

139.3

 

Mar

154.2

 

147.5

 

188.0

 

151.7

 

Average

               

 

               

Apr-Sep

108.6

118.1

134.0

141.6

193.2

204.9

135.1

143.2

 

               

Growth over the corresponding period of previous year#

       

 

               

Sep*

5.2

11.5

2.0

4.5

11.6

9.9

3.3

5.8

 

               

Apr-Sep

4.3

8.7

6.9

5.7

10.8

6.1

7.1

6.0

 

   

 

 

 

 

 

 

 

* Figures for Sep’23 are Quick Estimates.

NOTE: Indices for the months of Jun’23 and Aug’23 incorporate updated production data.

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020

 

             STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

 

(Base: 2011-12=100)

 

Industry

code

Description

Weight

Index

Cumulative Index

Percentage growth #

 

 

Sep’22

Sep’23*

Apr-Sep*

Sep’23*

Apr-Sep*

 

 

 

 

 

2022-23

2023-24

 

2023-24

10

Manufacture of food products

5.3025

115.6

115.1

119.9

122.3

-0.4

2.0

11

Manufacture of beverages

1.0354

95.3

105.0

108.8

112.2

10.2

3.1

12

Manufacture of tobacco products

0.7985

94.6

90.2

88.2

81.4

-4.7

-7.7

13

Manufacture of textiles

3.2913

103.9

107.7

108.3

107.3

3.7

-0.9

14

Manufacture of wearing apparel

1.3225

125.2

102.8

134.4

104.9

-17.9

-21.9

15

Manufacture of leather and related products

0.5021

92.3

92.3

97.1

97.1

0.0

0.0

16

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

0.1930

103.6

107.1

107.9

98.4

3.4

-8.8

17

Manufacture of paper and paper products

0.8724

81.6

78.9

84.1

80.4

-3.3

-4.4

18

Printing and reproduction of recorded media

0.6798

90.9

87.4

91.4

88.8

-3.9

-2.8

19

Manufacture of coke and refined petroleum products

11.7749

119.2

122.3

126.7

131.1

2.6

3.5

20

Manufacture of chemicals and chemical products

7.8730

131.2

123.9

132.1

128.3

-5.6

-2.9

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

205.0

218.9

201.9

229.8

6.8

13.8

22

Manufacture of rubber and plastics products

2.4222

105.0

106.6

105.0

107.8

1.5

2.7

23

Manufacture of other non-metallic mineral products

4.0853

126.8

132.8

131.9

142.5

4.7

8.0

24

Manufacture of basic metals

12.8043

185.7

209.0

182.6

206.9

12.5

13.3

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

87.9

95.5

84.5

88.9

8.6

5.2

26

Manufacture of computer, electronic and optical products

1.5704

163.8

149.3

146.7

124.6

-8.9

-15.1

27

Manufacture of electrical equipment

2.9983

100.0

106.3

95.8

105.7

6.3

10.3

28

Manufacture of machinery and equipment n.e.c.

4.7653

121.0

126.8

111.3

120.2

4.8

8.0

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

117.7

130.9

114.4

125.1

11.2

9.4

30

Manufacture of other transport equipment

1.7763

155.0

166.0

130.5

137.8

7.1

5.6

31

Manufacture of furniture

0.1311

226.9

181.1

216.1

176.7

-20.2

-18.2

32

Other manufacturing

0.9415

111.2

96.2

94.7

90.0

-13.5

-5.0

 

 

 

 

 

 

 

 

 

05

Mining

14.3725

100.0

111.5

108.6

118.1

11.5

8.7

10-32

Manufacturing

77.6332

134.6

140.6

134.0

141.6

4.5

5.7

35

Electricity

7.9943

187.4

205.9

193.2

204.9

9.9

6.1

 

 

 

 

 

 

 

 

 

 

General Index

100.00

133.8

141.6

135.1

143.2

5.8

6.0

* Figures for Sep’23 are Quick Estimates.

             

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020

 

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)

 

 

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

2022-23

2023-24

 

Apr

139.5

142.2

88.5

92.4

149.5

152.0

149.7

169.8

110.7

108.1

138.9

154.7

 

May

144.7

149.9

94.9

102.6

151.7

156.9

153.3

173.2

113.9

115.6

137.5

149.8

 

Jun

139.3

146.7

104.4

107.4

146.6

154.2

150.8

170.9

125.3

116.8

145.9

146.7

 

Jul

131.7

141.7

97.1

101.5

149.0

152.6

151.3

170.1

121.4

118.2

141.7

152.9

 

Aug

129.4

145.4

95.0

107.4

146.6

156.5

152.8

173.5

116.2

122.9

134.9

147.8

 

Sep*

128.5

138.8

103.9

111.6

145.3

153.8

156.9

168.7

123.8

125.0

138.9

142.6

 

Oct

131.2

 

87.2

 

143.8

 

156.2

 

106.1

 

130.3

 

 

Nov

132.6

 

99.1

 

146.3

 

161.7

 

111.9

 

162.7

 

 

Dec

145.0

 

100.1

 

154.1

 

170.9

 

108.8

 

174.4

 

 

Jan

149.9

 

104.9

 

155.6

 

176.9

 

108.8

 

164.4

 

 

Feb

139.9

 

104.9

 

145.1

 

165.7

 

108.3

 

154.8

 

 

Mar

158.3

 

123.0

 

159.4

 

181.7

 

118.6

 

147.5

 

 

Average

                       

 

 

                       

 

Apr-Sep

135.5

144.1

97.3

103.8

148.1

154.3

152.5

171.0

118.6

117.8

139.6

149.1

 

 

                       

 

Growth over the corresponding period of previous year#

           

 

 

                       

 

Sep*

9.5

8.0

11.4

7.4

1.7

5.8

8.2

7.5

-5.5

1.0

-5.7

2.7

 

 

                       

 

Apr-Sep

9.2

6.3

16.9

6.7

6.7

4.2

7.8

12.1

10.1

-0.7

-2.5

6.8

 

 

                       

 

* Figures for Sep’23 are Quick Estimates.

 

NOTE: Indices for the months of Jun’23 and Aug’23 incorporate updated production data.

         

 

#The growth rates over corresponding period of previous year are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020

 

 

 

STATEMENT IV:  MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)

(Base: 2011-12=100)

Ind

code

Description

Weight

Oct-22

Nov-22

Dec-22

Jan-23

Feb-23

Mar-23

Apr-23

May-23

Jun-23

Jul-23

Aug-23

Sep-23

10

Manufacture of food products

5.3025

115.3

147.0

155.5

158.0

146.8

147.2

137.8

123.2

113.6

120.8

123.3

115.1

11

Manufacture of beverages

1.0354

89.9

92.9

98.1

104.3

104.4

123.5

109.2

124.1

125.0

106.2

103.4

105.0

12

Manufacture of tobacco products

0.7985

81.7

93.3

90.6

92.4

77.9

95.5

67.1

83.7

93.8

72.4

81.4

90.2

13

Manufacture of textiles

3.2913

102.3

107.7

110.7

107.9

102.0

110.2

105.6

107.4

107.8

108.4

106.9

107.7

14

Manufacture of wearing apparel

1.3225

103.7

117.0

125.6

120.1

129.1

133.1

92.1

112.2

120.1

104.4

97.6

102.8

15

Manufacture of leather and related products

0.5021

76.9

94.3

98.4

99.4

94.9

106.2

97.7

101.1

103.4

95.7

92.3

92.3

16

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

0.1930

94.9

103.9

111.4

93.2

95.1

108.1

89.4

98.7

98.0

98.4

98.6

107.1

17

Manufacture of paper and paper products

0.8724

79.5

77.7

84.5

84.3

75.1

83.1

79.8

77.9

81.3

82.2

82.4

78.9

18

Printing and reproduction of recorded media

0.6798

84.2

90.0

100.0

88.5

84.3

91.7

88.6

88.7

88.7

88.1

91.2

87.4

19

Manufacture of coke and refined petroleum products

11.7749

122.7

116.6

132.3

137.6

126.0

141.1

129.1

138.0

133.5

131.7

131.7

122.3

20

Manufacture of chemicals and chemical products

7.8730

122.1

124.6

129.5

130.2

122.8

130.1

126.6

133.8

130.5

128.1

126.8

123.9

21

Manufacture of pharmaceuticals, medicinal chemical and botanical products

4.9810

188.1

250.5

276.3

243.9

229.3

194.7

237.0

227.9

225.3

244.4

225.0

218.9

22

Manufacture of rubber and plastics products

2.4222

101.3

103.3

105.4

105.3

98.8

110.2

106.3

112.7

106.5

106.3

108.2

106.6

23

Manufacture of other non-metallic mineral products

4.0853

124.5

131.7

142.8

143.2

136.8

152.8

146.7

148.4

149.5

135.0

142.8

132.8

24

Manufacture of basic metals

12.8043

192.2

192.7

201.9

210.8

195.4

214.0

201.9

206.3

203.4

207.7

213.1

209.0

25

Manufacture of fabricated metal products, except machinery and equipment

2.6549

77.8

86.3

92.3

81.4

83.7

95.4

76.4

87.1

86.7

88.3

99.2

95.5

26

Manufacture of computer, electronic and optical products

1.5704

132.8

127.0

117.7

130.7

123.8

134.1

111.5

115.1

121.9

118.2

131.5

149.3

27

Manufacture of electrical equipment

2.9983

84.1

107.5

109.1

105.4

101.6

108.7

106.6

106.6

103.5

102.7

108.3

106.3

28

Manufacture of machinery and equipment n.e.c.

4.7653

98.2

110.5

115.5

113.0

115.5

141.3

107.7

116.2

123.7

120.4

126.6

126.8

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

108.8

113.9

107.4

118.2

116.8

122.4

112.9

126.1

123.6

128.7

128.5

130.9

30

Manufacture of other transport equipment

1.7763

127.5

131.6

106.0

119.3

117.2

139.2

119.5

131.2

140.6

123.5

145.9

166.0

31

Manufacture of furniture

0.1311

189.2

207.6

198.4

173.0

173.3

210.9

144.7

179.9

183.0

189.5

182.0

181.1

32

Other manufacturing

0.9415

79.4

77.5

93.5

82.1

81.6

108.5

87.8

79.2

85.6

96.6

94.7

96.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

Mining

14.3725

112.6

122.7

132.6

136.1

129.2

154.2

122.6

128.1

122.3

111.9

111.9

111.5

10-32

Manufacturing

77.6332

128.5

137.5

144.9

145.5

137.6

147.5

138.8

143.1

141.6

141.8

143.5

140.6

35

Electricity

7.9943

169.3

166.7

179.4

186.6

174.0

188.0

192.3

201.6

205.2

204.0

220.5

205.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General Index

100.0

129.5

137.7

145.9

147.4

139.3

151.7

140.7

145.6

143.9

142.5

145.1

141.6

Note: The figures for Jul’23, Aug’23 and Sep’23 are provisional

                       

The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020

 

****

 

BY



Source PIB