Quick Estimates of Index of Industrial Production and Use Based Index for the Month of July 2023

Quick Estimates of Index of Industrial Production and Use Based Index for the Month of July 2023
Ministry of Statistics & Programme Implementation

Quick Estimates Of Index Of Industrial Production And Use-Based Index For The Month Of July 2023 (Base 2011-12=100)
Posted On: 12 SEP 2023 5:30PM by PIB Delhi
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month 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 July 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 142.0. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2023 stand at 111.9, 141.2 and 204.0 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 141.7 for Primary Goods, 101.6 for Capital Goods, 151.8 for Intermediate Goods and 168.5 for Infrastructure/ Construction Goods for the month of July 2023. Further, the indices for Consumer durables and Consumer non-durables stand at 118.1 and 152.2 respectively for the month of July 2023.
Details of Quick Estimates of the Index of Industrial Production for the month of July 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.
quick_estimates_of_index_of_industrial_production
Along with the Quick Estimates of IIP for the month of July 2023, the indices for June 2023 have undergone the first revision and those for April 2023 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for July 2023, the first revision for June 2023 and the final revision for April 2023 have been compiled at weighted response rates of 92 percent, 94 percent and 95 percent respectively.
Release of the Index for August 2023 will be on Thursday, 12th October 2023.
Note: –
This Press release information is also available at the Website of the Ministry -http://www.mospi.gov.in
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

142.4

199.9

201.6

137.8

145.1

Jun

113.7

122.3

136.8

141.1

196.9

205.2

138.3

143.5

Jul*

101.1

111.9

135.0

141.2

188.9

204.0

134.4

142.0

Aug

99.6

131.3

191.3

131.5

Sep

100.0

134.6

187.4

133.8

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-Jul

113.0

121.2

134.5

140.9

195.1

200.8

136.3

142.8

Growth over the corresponding period of
previous year#

Jul*

-3.3

10.7

3.1

4.6

2.3

8.0

2.2

5.7

Apr-Jul

6.1

7.3

10.2

4.8

13.2

2.9

10.0

4.8

* Figures for Jul’23 are Quick Estimates.
NOTE: Indices for the months of Apr’23 and Jun’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 #

Jul’22

Jul’23*

Apr-Jul*

Jul’23*

Apr-Jul*

2022-23

2023-24

2023-24

10

Manufacture of food products

5.3025

113.2

119.1

121.4

123.3

5.2

1.6

11

Manufacture of beverages

1.0354

102.0

106.0

116.5

114.3

3.9

-1.9

12

Manufacture of tobacco products

0.7985

72.2

72.6

89.6

79.3

0.6

-11.5

13

Manufacture of textiles

3.2913

107.2

108.2

110.2

107.4

0.9

-2.5

14

Manufacture of wearing apparel

1.3225

134.4

104.2

140.8

107.4

-22.5

-23.7

15

Manufacture of leather and related products

0.5021

99.2

95.2

100.1

99.3

-4.0

-0.8

16

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

0.1930

111.2

97.8

110.6

96.0

-12.1

-13.2

17

Manufacture of paper and paper products

0.8724

84.9

82.9

85.1

80.4

-2.4

-5.5

18

Printing and reproduction of recorded media

0.6798

96.6

87.1

92.3

88.4

-9.8

-4.2

19

Manufacture of coke and refined petroleum products

11.7749

126.4

131.7

130.3

133.1

4.2

2.1

20

Manufacture of chemicals and chemical products

7.8730

137.2

127.0

132.4

129.3

-7.4

-2.3

21

Manufacture of pharmaceuticals, medicinal chemical and
botanical products

4.9810

217.9

244.0

203.4

233.4

12.0

14.7

22

Manufacture of rubber and plastics products

2.4222

106.2

106.4

105.3

107.8

0.2

2.4

23

Manufacture of other non-metallic mineral products

4.0853

126.9

135.2

135.2

144.9

6.5

7.2

24

Manufacture of basic metals

12.8043

182.6

206.0

181.0

203.1

12.8

12.2

25

Manufacture of fabricated metal products, except
machinery and equipment

2.6549

86.6

88.5

84.7

84.7

2.2

0.0

26

Manufacture of computer, electronic and optical products

1.5704

142.2

118.3

143.0

116.9

-16.8

-18.3

27

Manufacture of electrical equipment

2.9983

99.4

102.5

95.7

104.8

3.1

9.5

28

Manufacture of machinery and equipment n.e.c.

4.7653

113.6

118.9

108.6

116.2

4.7

7.0

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

119.2

129.8

113.5

123.1

8.9

8.5

30

Manufacture of other transport equipment

1.7763

126.7

123.5

123.2

128.7

-2.5

4.5

31

Manufacture of furniture

0.1311

213.1

189.5

207.8

174.0

-11.1

-16.3

32

Other manufacturing

0.9415

90.5

96.2

89.4

87.3

6.3

-2.3

05

Mining

14.3725

101.1

111.9

113.0

121.2

10.7

7.3

10-32

Manufacturing

77.6332

135.0

141.2

134.5

140.9

4.6

4.8

35

Electricity

7.9943

188.9

204.0

195.1

200.8

8.0

2.9

General Index

100.00

134.4

142.0

136.3

142.8

5.7

4.8

* Figures for Jul’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

156.3

153.3

170.6

113.9

115.3

137.5

149.1

Jun

139.3

146.7

104.4

106.5

146.6

153.3

150.8

170.3

125.3

116.9

145.9

146.4

Jul*

131.7

141.7

97.1

101.6

149.0

151.8

151.3

168.5

121.4

118.1

141.7

152.2

Aug

129.4

95.0

146.6

152.8

116.2

134.9

Sep

128.5

103.9

145.3

156.9

123.8

138.9

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-Jul

138.8

145.1

96.2

100.8

149.2

153.4

151.3

169.8

117.8

114.6

141.0

150.6

Growth over the corresponding period of previous year#

Jul*

2.5

7.6

5.1

4.6

3.7

1.9

4.8

11.4

2.3

-2.7

-2.9

7.4

Apr-Jul

11.0

4.5

22.4

4.8

9.5

2.8

8.8

12.2

19.7

-2.7

0.1

6.8

* Figures for Jul’23 are Quick Estimates.


NOTE: Indices for the months of Apr’23 and Jun’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

Description

Weight

Aug-22

Sep-22

Oct-22

Nov-22

Dec-22

Jan-23

Feb-23

Mar-23

Apr-23

May-23

Jun-23

Jul-23

code

10

Manufacture of food products

5.3025

118.1

115.6

115.3

147.0

155.5

158.0

146.8

147.2

137.8

122.8

113.5

119.1

11

Manufacture of beverages

1.0354

91.8

95.3

89.9

92.9

98.1

104.3

104.4

123.5

109.2

120.7

121.4

106.0

12

Manufacture of tobacco products

0.7985

75.8

94.6

81.7

93.3

90.6

92.4

77.9

95.5

67.1

83.6

93.8

72.6

13

Manufacture of textiles

3.2913

105.2

103.9

102.3

107.7

110.7

107.9

102.0

110.2

105.6

107.9

107.7

108.2

14

Manufacture of wearing apparel

1.3225

117.8

125.2

103.7

117.0

125.6

120.1

129.1

133.1

92.1

112.7

120.4

104.2

15

Manufacture of leather and related products

0.5021

89.5

92.3

76.9

94.3

98.4

99.4

94.9

106.2

97.7

100.6

103.5

95.2

16

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

0.1930

101.5

103.6

94.9

103.9

111.4

93.2

95.1

108.1

89.4

98.7

98.0

97.8

17

Manufacture of paper and paper products

0.8724

82.7

81.6

79.5

77.7

84.5

84.3

75.1

83.1

79.8

77.8

81.1

82.9

18

Printing and reproduction of recorded media

0.6798

88.2

90.9

84.2

90.0

100.0

88.5

84.3

91.7

88.6

89.0

88.8

87.1

19

Manufacture of coke and refined petroleum products

11.7749

119.5

119.2

122.7

116.6

132.3

137.6

126.0

141.1

129.1

137.9

133.5

131.7

20

Manufacture of chemicals and chemical products

7.8730

131.9

131.2

122.1

124.6

129.5

130.2

122.8

130.1

126.6

133.6

130.1

127.0

21

Manufacture of pharmaceuticals, medicinal chemical and
botanical products

4.9810

192.7

205.0

188.1

250.5

276.3

243.9

229.3

194.7

237.0

227.3

225.4

244.0

22

Manufacture of rubber and plastics products

2.4222

103.8

105.0

101.3

103.3

105.4

105.3

98.8

110.2

106.3

112.6

106.0

106.4

23

Manufacture of other non-metallic mineral products

4.0853

123.9

126.8

124.5

131.7

142.8

143.2

136.8

152.8

146.7

147.9

149.6

135.2

24

Manufacture of basic metals

12.8043

185.9

185.7

192.2

192.7

201.9

210.8

195.4

214.0

201.9

202.9

201.7

206.0

25

Manufacture of fabricated metal products, except
machinery and equipment

2.6549

80.5

87.9

77.8

86.3

92.3

81.4

83.7

95.4

76.4

86.9

86.8

88.5

26

Manufacture of computer, electronic and optical products

1.5704

144.1

163.8

132.8

127.0

117.7

130.7

123.8

134.1

111.5

115.5

122.2

118.3

27

Manufacture of electrical equipment

2.9983

92.0

100.0

84.1

107.5

109.1

105.4

101.6

108.7

106.6

106.3

103.6

102.5

28

Manufacture of machinery and equipment n.e.c.

4.7653

112.0

121.0

98.2

110.5

115.5

113.0

115.5

141.3

107.7

116.2

121.9

118.9

29

Manufacture of motor vehicles, trailers and semi-trailers

4.8573

114.7

117.7

108.8

113.9

107.4

118.2

116.8

122.4

112.9

125.8

123.9

129.8

30

Manufacture of other transport equipment

1.7763

134.8

155.0

127.5

131.6

106.0

119.3

117.2

139.2

119.5

131.2

140.6

123.5

31

Manufacture of furniture

0.1311

238.8

226.9

189.2

207.6

198.4

173.0

173.3

210.9

144.7

178.4

183.3

189.5

32

Other manufacturing

0.9415

99.3

111.2

79.4

77.5

93.5

82.1

81.6

108.5

87.8

79.2

85.8

96.2

5

Mining

14.3725

99.6

100.0

112.6

122.7

132.6

136.1

129.2

154.2

122.6

128.1

122.3

111.9

10-32

Manufacturing

77.6332

131.3

134.6

128.5

137.5

144.9

145.5

137.6

147.5

138.8

142.4

141.1

141.2

35

Electricity

7.9943

191.3

187.4

169.3

166.7

179.4

186.6

174.0

188.0

192.3

201.6

205.2

204.0

General Index

100.0

131.5

133.8

129.5

137.7

145.9

147.4

139.3

151.7

140.7

145.1

143.5

142.0


Note: The figures for May’23, Jun’23 and Jul’23 are
provisional

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

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