12th March, 2003
Ministry of Statistics & Programme Implementation  


QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX (BASE 1993-94=100) FOR THE MONTH OF JANUARY, 2003


The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of January 2003 have been released by the Central Statistical Organisation. The General Index stands at 188.2 which is higher by 6.4% as compared to the month of January 2002.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2003 stand at 148.7, 195.6, and 171.6 respectively, with the corresponding growths of 2.7%, 6.9% and 4.0% as compared to January 2002. The cumulative growth in the three sectors during April-January, 2002-03 over the corresponding period of 2001-02 has been 5.4%, 5.8% and 3.8%, respectively. The overall growth in the General Index during this period has been 5.5%.

Alongwith the Quick Estimates of IIP for January 2003, the indices for December 2002 have undergone the first revision and those for October 2002 the second (final) revision in the light of the updated data received from the source agencies. There are no significant revisions in the indices for October 2002 and December 2002.

As many as 15 of the 17 two-digit industry groups have shown positive growth during the month of January 2003 as compared to the corresponding month of the previous year. Beverages, Tobacco and Related Products have shown the highest growth of 37.9%, followed by 24.2% in Jute and Other Vegetable Fibre Textiles (except cotton) and 16.0% in Textile Products (including Wearing Apparel). On the other hand, Wood and Wood Products; Furniture and Fixtures have shown a negative growth of 14.3% followed by a decline of 3.1% in Cotton Textiles.

As per Use-based classification, the growth in January 2003 over January 2002 is 4.8% in Basic goods, 11.6% in Capital goods and 7.3% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of 0.5% and 7.2% respectively, with the overall growth in Consumer goods being 5.6%.

Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC)-1987 and by Use-based classification for the month of January 2003, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

Note:

  1. This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
  2. The release of the index for February, 2003 will be on Thursday, 10 April, 2003.

Click here for the Statement I

Click here for the Statement II

Click here for the Statement III