QUICK ESTIMATES OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED
INDEX (BASE 1993-94=100) FOR FEBRUARY, 2003
The Quick Estimates
of Index of Industrial Production (IIP) with base 1993-94 for
the month of February 2003 have been released by the Central Statistical
Organisation. The General Index stands at 181.2 which is higher
by 6.4% as compared to the month of February 2002.
The Indices of Industrial
Production for the Mining, Manufacturing and Electricity sectors
for the month of February 2003 stand at 140.0, 190.5, and 151.5
respectively, with the corresponding growths of 7.2%, 6.5% and
0.1% as compared to February 2002. The cumulative growth in the
three sectors during April-February, 2002-03 over the corresponding
period of 2001-02 has been 5.7%, 5.8% and 3.5%, respectively.
The overall growth in the General Index during this period has
been 5.7%.
Alongwith the Quick
Estimates of IIP for February 2003, the indices for January 2003
have undergone the first revision and those for November 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 November 2002 and January 2003.
As many as 14
of the 17 two-digit industry groups have shown positive growth
during the month of February 2003 as compared to the corresponding
month of the previous year. Beverages, Tobacco and Related Products
have shown the highest growth of 36.7%, followed by 17.3% in Textile
Products (including Wearing Apparel) and 17.2% in Leather and
Leather & Fur Products. On the other hand, Cotton Textiles
have shown a negative growth of 8.4% followed by a decline of
6.0% in Wood and Wood Products; Furniture and Fixtures and 2.4%
in Other Manufacturing Industries
As per Use-based
classification, the growth in February 2003 over February 2002
is 4.9% in Basic goods, 9.9% in Capital goods and 5.9% in Intermediate
goods. The Consumer durables and Consumer non-durables have recorded
growth of (-) 9.4% and 11.1% respectively, with the overall growth
in Consumer goods being 6.1%.
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 February 2003,
along with the growth rates over the corresponding month of previous
year, including the cumulative indices and growth rates, are enclosed.
Note:
- This Press release information
is also available at the Website of the Ministry - http://www.mospi.nic.in
- The release of the index for
March, 2003 will be on Monday, 12 May, 2003.
Click here for Statement
I
Click here for Statement
II
Click here for Statement
III
