QUICK ESTIMATES OF INDEX OF INDUSTRIAL
PRODUCTION AND USE-BASED INDEX (BASE 1993-94=100) FOR SEPTEMBER,
2003
The Quick Estimates
of Index of Industrial Production (IIP) with base 1993-94 for
the month of September 2003 have been released by the Central
Statistical Organisation. The General Index stands at 182.9 which
is higher by 6.5% as compared to the month of September 2002.
The Indices of Industrial
Production for the Mining, Manufacturing and Electricity sectors
for the month of September 2003 stand at 136.5, 191.0, and 167.4
respectively, with the corresponding growths of 4.4%, 6.8% and
5.0% as compared to September 2002. The cumulative growths during
April-September, 2003-04 over the corresponding period of 2002-03
in the three sectors have been 4.2%, 6.3% and 2.9% respectively,
with the overall growth in the General Index being 5.8%.
Alongwith the Quick
Estimates of IIP for September 2003, the indices for August 2003
have undergone the first revision and those for June 2003, the
second (final) revision in the light of the updated data received
from the source agencies. While there are no significant revisions
in the sectoral/general indices for June 2003, the index for August
2003 in respect Mining sector have undergone revision of (-)1.0%.
The downward revision in the Mining Sector's index has been due
to revision in the production data of Coal, Lignite, Chromite,
Iron Ore, Lead Concentrate, Zinc Concentrate, Phosphorite, Kaolin
and Limestone.
As many as 11
of the 17 two-digit industry groups have shown positive growth
during the month of September 2003 as compared to the corresponding
month of the previous year. 'Paper & Paper Products and Printing,
Publishing & Allied Industries' have shown the highest growth
of 29.7%, followed by 25.2% in 'Wood and Wood products; Furniture
and Fixtures' and 22.6% in 'Transport Equipment and Parts'. On
the other hand, 'Jute and Other Vegetable Fibre textiles (except
cotton)' have shown a negative growth of 10.7% followed by a decline
of 7.8% in 'Cotton Textiles' and 2.1% in 'Other Manufacturing
Industries'.
As per Use-based
classification, the growth in September 2003 over September 2002
is 5.9% in Basic goods, 9.1% in Capital goods and 6.4% in Intermediate
goods. The Consumer durables and Consumer non-durables have recorded
growth of 8.2% and 5.7% respectively, with the overall growth
in Consumer goods being 6.4%.
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 September 2003,
along with the growth rates over the corresponding month of previous
year, including the cumulative indices and growth rates, are enclosed.
Note: The
release of the index for October, 2003 will be on Friday, 12 December,
2003.
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I || Statement II
|| Statement III ||