Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of July, 2013 (BASE 2004-05=100) The General Index for the month of July 2013 stands at 171.5, which is 2.6% higher as compared to the level in the month of July 2012. The cumulative growth for the period April-July 2013-14 over the corresponding period of the previous year stands at (-) 0.2%. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2013 stand at 117.0, 182.7 and 164.5 respectively, with the corresponding growth rates of (-) 2.3%, 3.0% and 5.2% as compared to July 2012. The cumulative growth in the three sectors during April-July 2013-14 over the corresponding period of 2012-13 has been (-) 4.0%, (-) 0.2% and 3.9% respectively. In terms of industries, eleven (11) 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 July 2013 as compared to the corresponding month of the previous year. The industry group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest positive growth of 83.6%, followed by 44.0% in ‘Wearing apparel; dressing and dyeing of fur’ and 16.5% in ‘Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products’. On the other hand, the industry group ‘Radio, TV and communication equipment & apparatus’ has shown a negative growth of 20.8% followed by 11.3% in ‘Furniture; manufacturing n.e.c.’ and 10.6% in ‘Machinery and equipment n.e.c.’. As per Use-based classification, the growth rates in July 2013 over July 2012 are 1.7% in Basic goods, 15.6% in Capital goods and 2.4% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of (-) 9.3% and 6.8% respectively, with the overall growth in Consumer goods being (-) 0.9%. Some of the important items showing high positive growth during the current month over the same month in previous year include ‘Fruit Pulp’ (50.5%), ‘Cashew Kernels’ (23.2%), ‘Apparels’ (39.8%), ‘Leather Garments’ (62.6%), ‘Purified Terephthalic Acid’ (29.6%), ‘Vitamins’ (61.8%), ‘Ayurvedic Medicaments’ (44.6%), ‘Cable, Rubber Insulated’ (336.0%) and ‘Ship Building & Repairs’ (58.7%). Some of the other important items showing high negative growth are: ‘Grinding Wheels’ [(-) 29.4%], ‘Boilers’ [(-) 36.6%], ‘Air Conditioner (Room)’ [(-) 30.8%], ‘Earth Moving Machinery’ [(-) 42.6%], ‘Sugar Machinery’ [(-) 27.9%], ‘Plastic Machinery Incl. Moulding Machinery’ [(-) 40.7%], ‘Transformers (Small)’ [(-) 22.7%], ‘Generator/ Alternator’ [(-) 42.0%], ‘Telephone Instruments (incl. Mobile Phones & Accessories)’ [(-) 21.5%] and ‘Gems and Jewellery’ [(-) 20.5%].
Posted on: Fri, 13 Sep 2013 04:35:57 +0000
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