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1 GOVERNMENT OF INDIA MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION NATIONAL STATISTICAL OFFICE New Delhi Dated: December 12th, 2023 PRESS RELEASE QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF OCTOBER 2023 (BASE 2011-12=100) 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. 2. For the month of October 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 144. 7. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of October 2023 stand at 127. 4, 141. 8 and 203. 8 respectively. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP. 3. As per Use-based classification, the indices stand at 146. 1 for Primary Goods, 106. 9 for Capital Goods, 157. 8 for Intermediate Goods and 173. 9 for Infrastructure/ Construction Goods for the month of October 2023. Further, the indices for Consumer durables and Consumer non-durables stand at 123. 0 and 141. 5 respectively for the month of October 2023. 4. Details of Quick Estimates of the Index of Industrial Production for the month of October 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. 5. Along with the Quick Estimates of IIP for the month of October 2023, the indices for September 2023 have undergone the first revision and those for July 2023 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for October 2023, the first revision for September 2023 and the final revision for July 2023 have been compiled at weighted response rates of 91 percent, 94 percent and 96 percent respectively. | IIP_PR_12dec23.pdf |
2 6. Release of the Index for November 2023 will be on Friday, 12th January 2024. 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 | IIP_PR_12dec23.pdf |
3 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. 0 142. 1 188. 9 204. 0 134. 4 142. 7 Aug 99. 6 111. 9 131. 3 143. 5 191. 3 220. 5 131. 5 145. 1 Sep 100. 0 111. 5 134. 6 141. 2 187. 4 205. 9 133. 8 142. 1 Oct* 112. 6 127. 4 128. 5 141. 8 169. 3 203. 8 129. 5 144. 7 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-Oct 109. 1 119. 4 133. 2 141. 7 189. 7 204. 8 134. 3 143. 5 Growth over the corresponding period of previous year # Oct* 2. 6 13. 1-5. 8 10. 4 1. 2 20. 4-4. 1 11. 7 Apr-Oct 4. 0 9. 4 5. 0 6. 4 9. 4 8. 0 5. 3 6. 9 * Figures for Oct'23 are Quick Estimates. NOTE: Indices for the months of Jul'23 and Sep'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 | IIP_PR_12dec23.pdf |
4 STATEMENT II: INDEX OF INDUSTRIAL PRODUCTION-(2-DIGIT LEVEL) (Base: 2011-12=100) Industry code Description Weight Index Cumulative Index Percentage growth # Oct'22 Oct'23* Apr-Oct* Oct'23* Apr-Oct* 2022-23 2023-24 2023-24 10 Manufacture of food products 5. 3025 115. 3 122. 6 119. 2 122. 6 6. 3 2. 9 11 Manufacture of beverages 1. 0354 89. 9 101. 8 106. 1 111. 1 13. 2 4. 7 12 Manufacture of tobacco products 0. 7985 81. 7 82. 0 87. 2 81. 4 0. 4-6. 7 13 Manufacture of textiles 3. 2913 102. 3 109. 0 107. 4 107. 6 6. 5 0. 2 14 Manufacture of wearing apparel 1. 3225 103. 7 98. 5 130. 0 103. 8-5. 0-20. 2 15 Manufacture of leather and related products 0. 5021 76. 9 89. 6 94. 2 95. 8 16. 5 1. 7 16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0. 1930 94. 9 93. 3 106. 1 97. 6-1. 7-8. 0 17 Manufacture of paper and paper products 0. 8724 79. 5 82. 5 83. 4 80. 7 3. 8-3. 2 18 Printing and reproduction of recorded media 0. 6798 84. 2 87. 0 90. 3 88. 6 3. 3-1. 9 19 Manufacture of coke and refined petroleum products 11. 7749 122. 7 125. 6 126. 1 130. 3 2. 4 3. 3 20 Manufacture of chemicals and chemical products 7. 8730 122. 1 127. 5 130. 7 128. 2 4. 4-1. 9 21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4. 9810 188. 1 209. 2 199. 9 226. 8 11. 2 13. 5 22 Manufacture of rubber and plastics products 2. 4222 101. 3 109. 5 104. 5 108. 3 8. 1 3. 6 23 Manufacture of other non-metallic mineral products 4. 0853 124. 5 140. 6 130. 9 142. 1 12. 9 8. 6 24 Manufacture of basic metals 12. 8043 192. 2 215. 1 184. 0 208. 7 11. 9 13. 4 25 Manufacture of fabricated metal products, except m achinery and equipment 2. 6549 77. 8 92. 2 83. 6 88. 9 18. 5 6. 3 26 Manufacture of computer, electronic and optical products 1. 5704 132. 8 125. 7 144. 7 124. 8-5. 3-13. 8 27 Manufacture of electrical equipment 2. 9983 84. 1 95. 2 94. 1 104. 4 13. 2 10. 9 28 Manufacture of machinery and equipment n. e. c. 4. 7653 98. 2 123. 8 109. 4 120. 7 26. 1 10. 3 29 Manufacture of motor vehicles, trailers and semi-trailers 4. 8573 108. 8 135. 4 113. 6 126. 7 24. 4 11. 5 30 Manufacture of other transport equipment 1. 7763 127. 5 161. 1 130. 0 141. 1 26. 4 8. 5 31 Manufacture of furniture 0. 1311 189. 2 175. 6 212. 3 176. 8-7. 2-16. 7 32 Other manufacturing 0. 9415 79. 4 103. 9 92. 5 92. 2 30. 9-0. 3 05 Mining 14. 3725 112. 6 127. 4 109. 1 119. 4 13. 1 9. 4 10-32 Manufacturing 77. 6332 128. 5 141. 8 133. 2 141. 7 10. 4 6. 4 35 Electricity 7. 9943 169. 3 203. 8 189. 7 204. 8 20. 4 8. 0 General Index 100. 00 129. 5 144. 7 134. 3 143. 5 11. 7 6. 9 * Figures for Oct'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 | IIP_PR_12dec23.pdf |
5 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. 8 97. 1 102. 1 149. 0 153. 8 151. 3 170. 3 121. 4 117. 0 141. 7 153. 5 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. 9 112. 6 145. 3 154. 1 156. 9 170. 9 123. 8 125. 2 138. 9 143. 0 Oct* 131. 2 146. 1 87. 2 106. 9 143. 8 157. 8 156. 2 173. 9 106. 1 123. 0 130. 3 141. 5 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-Oct 134. 9 144. 4 95. 9 104. 5 147. 5 155. 0 153. 0 171. 8 116. 8 118. 4 138. 3 148. 1 Growth over the corresponding period of previous year # Oct* 2. 1 11. 4-2. 9 22. 6-2. 3 9. 7 1. 7 11. 3-18. 1 15. 9-13. 0 8. 6 Apr-Oct 8. 2 7. 0 14. 0 9. 0 5. 4 5. 1 6. 8 12. 3 5. 4 1. 4-4. 0 7. 1 * Figures for Oct'23 are Quick Estimates. NOTE: Indices for the months of Jul'23 and Sep'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 | IIP_PR_12dec23.pdf |
6 STATEMENT IV: MONTHLY INDEX OF INDUSTRIAL PRODUCTION-(2-DIGIT LEVEL) (Base: 2011-12=100) Ind code Description Weight Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 10 Manufacture of food products 5. 3025 147. 0 155. 5 158. 0 146. 8 147. 2 137. 8 123. 2 113. 6 121. 6 123. 3 116. 0 122. 6 11 Manufacture of beverages 1. 0354 92. 9 98. 1 104. 3 104. 4 123. 5 109. 2 124. 1 125. 0 109. 4 103. 4 104. 5 101. 8 12 Manufacture of tobacco products 0. 7985 93. 3 90. 6 92. 4 77. 9 95. 5 67. 1 83. 7 93. 8 71. 8 81. 4 90. 2 82. 0 13 Manufacture of textiles 3. 2913 107. 7 110. 7 107. 9 102. 0 110. 2 105. 6 107. 4 107. 8 108. 5 106. 9 107. 8 109. 0 14 Manufacture of wearing apparel 1. 3225 117. 0 125. 6 120. 1 129. 1 133. 1 92. 1 112. 2 120. 1 103. 9 97. 6 102. 4 98. 5 15 Manufacture of leather and related products 0. 5021 94. 3 98. 4 99. 4 94. 9 106. 2 97. 7 101. 1 103. 4 95. 1 92. 3 91. 7 89. 6 16 Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 0. 1930 103. 9 111. 4 93. 2 95. 1 108. 1 89. 4 98. 7 98. 0 98. 4 98. 6 107. 0 93. 3 17 Manufacture of paper and paper products 0. 8724 77. 7 84. 5 84. 3 75. 1 83. 1 79. 8 77. 9 81. 3 82. 1 82. 4 79. 0 82. 5 18 Printing and reproduction of recorded media 0. 6798 90. 0 100. 0 88. 5 84. 3 91. 7 88. 6 88. 7 88. 7 89. 0 91. 2 87. 2 87. 0 19 Manufacture of coke and refined petroleum products 11. 7749 116. 6 132. 3 137. 6 126. 0 141. 1 129. 1 138. 0 133. 5 131. 9 131. 7 122. 4 125. 6 20 Manufacture of chemicals and chemical products 7. 8730 124. 6 129. 5 130. 2 122. 8 130. 1 126. 6 133. 8 130. 5 128. 6 126. 8 123. 7 127. 5 21 Manufacture of pharmaceuticals, medicinal chemical and botanical products 4. 9810 250. 5 276. 3 243. 9 229. 3 194. 7 237. 0 227. 9 225. 3 244. 5 225. 0 219. 0 209. 2 22 Manufacture of rubber and plastics products 2. 4222 103. 3 105. 4 105. 3 98. 8 110. 2 106. 3 112. 7 106. 5 107. 7 108. 2 107. 1 109. 5 23 Manufacture of other non-metallic mineral products 4. 0853 131. 7 142. 8 143. 2 136. 8 152. 8 146. 7 148. 4 149. 5 134. 0 142. 8 132. 8 140. 6 24 Manufacture of basic metals 12. 8043 192. 7 201. 9 210. 8 195. 4 214. 0 201. 9 206. 3 203. 4 209. 4 213. 1 211. 5 215. 1 25 Manufacture of fabricated metal products, except machinery and equipment 2. 6549 86. 3 92. 3 81. 4 83. 7 95. 4 76. 4 87. 1 86. 7 83. 8 99. 2 96. 6 92. 2 26 Manufacture of computer, electronic and optical products 1. 5704 127. 0 117. 7 130. 7 123. 8 134. 1 111. 5 115. 1 121. 9 118. 6 131. 5 149. 5 125. 7 27 Manufacture of electrical equipment 2. 9983 107. 5 109. 1 105. 4 101. 6 108. 7 106. 6 106. 6 103. 5 102. 5 108. 3 108. 0 95. 2 28 Manufacture of machinery and equipment n. e. c. 4. 7653 110. 5 115. 5 113. 0 115. 5 141. 3 107. 7 116. 2 123. 7 119. 9 126. 6 127. 1 123. 8 29 Manufacture of motor vehicles, trailers and semi-trailers 4. 8573 113. 9 107. 4 118. 2 116. 8 122. 4 112. 9 126. 1 123. 6 129. 5 128. 5 131. 1 135. 4 30 Manufacture of other transport equipment 1. 7763 131. 6 106. 0 119. 3 117. 2 139. 2 119. 5 131. 2 140. 6 123. 5 145. 9 166. 0 161. 1 31 Manufacture of furniture 0. 1311 207. 6 198. 4 173. 0 173. 3 210. 9 144. 7 179. 9 183. 0 190. 6 182. 0 181. 5 175. 6 32 Other manufacturing 0. 9415 77. 5 93. 5 82. 1 81. 6 108. 5 87. 8 79. 2 85. 6 97. 1 94. 7 97. 0 103. 9 5 Mining 14. 3725 122. 7 132. 6 136. 1 129. 2 154. 2 122. 6 128. 1 122. 3 111. 9 111. 9 111. 5 127. 4 10-32 Manufacturing 77. 6332 137. 5 144. 9 145. 5 137. 6 147. 5 138. 8 143. 1 141. 6 142. 1 143. 5 141. 2 141. 8 35 Electricity 7. 9943 166. 7 179. 4 186. 6 174. 0 188. 0 192. 3 201. 6 205. 2 204. 0 220. 5 205. 9 203. 8 General Index 100. 0 137. 7 145. 9 147. 4 139. 3 151. 7 140. 7 145. 6 143. 9 142. 7 145. 1 142. 1 144. 7 Note: The figures for Aug'23, Sep'23 and Oct'23 are provisional The Indices are to be interpreted considering the unusual circumstances on account of COVID 19 pandemic since March 2020 | IIP_PR_12dec23.pdf |
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