{"id":10129,"date":"2024-07-12T18:56:12","date_gmt":"2024-07-12T13:26:12","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=10129"},"modified":"2024-07-12T18:56:12","modified_gmt":"2024-07-12T13:26:12","slug":"indias-iip-records-a-growth-of-5-9-in-the-may-2024","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/07\/12\/indias-iip-records-a-growth-of-5-9-in-the-may-2024\/","title":{"rendered":"India’s IIP records a growth of 5.9% in the May 2024"},"content":{"rendered":"

The Quick Estimates of Index of Industrial Production (IIP) are released on 12th<\/sup>\u00a0of every month (or previous working day if 12th<\/sup>\u00a0is 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. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.<\/p>\n

Key Highlights:<\/strong><\/p>\n

Indices<\/u><\/strong><\/p>\n

    \n
  1. \u00a0For the month of May 2024, the Quick Estimates of IIP with base 2011-12 stands at 154.2 against 145.6 in May 2023. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2024 stand at 136.5, 149.7 and 229.3 respectively.<\/li>\n
  2. \u00a0As per Use-based classification, the indices stand at 160.9 for Primary Goods, 105.2 for Capital Goods, 160.8 for Intermediate Goods and 185.1 for Infrastructure\/ Construction Goods for the month of May 2024. Further, the indices for Consumer durables and Consumer non-durables stand at 129.8 and 153.3 respectively for the month of May 2024.<\/li>\n<\/ol>\n

    Growth Rate (Y-o-Y)<\/u><\/strong><\/p>\n

      \n
    1. The IIP growth rate for the month of May 2024 over the corresponding period of previous year is 5.9 percent. The IIP growth rate in May 2023 was 5.7 percent. The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of May 2024 over May 2023 are 6.6 percent, 4.6 percent and 13.7 percent respectively. Within the manufacturing sector, the growth rate of the top three positive contributors to the growth of IIP for the month of May 2024 are \u2013 \u201cManufacture of basic metals\u201d (7.8%), \u201cManufacture of pharmaceuticals, medicinal chemical and botanical products\u201d (7.5%), and \u201cManufacture of electrical equipment\u201d (14.7%).<\/li>\n
    2. The corresponding growth rates of IIP as per Use-based classification in May 2024 over May 2023 are 7.3 percent in Primary goods, 2.5 percent in Capital goods, 2.5 percent in Intermediate goods, 6.9 percent in Infrastructure\/ Construction Goods, 12.3 percent in Consumer durables and 2.3 percent in Consumer non-durables (Statement III).\u00a0 Based on use-based classification, top three positive contributors to the growth of IIP for the month of May 2024 are \u2013 Primary goods, Consumer durables and Infrastructure\/Construction goods.<\/li>\n
    3. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Monthly Indices and Growth Rate (in %) of IIP for the last 13 months<\/li>\n<\/ol>\n

      <\/p>\n

      3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong>Along with the Quick Estimates of IIP for the month of May 2024, the indices for April 2024 have undergone the first revision and those for February 2024 have undergone final revision in the light of the updated data received from the source agencies. The Quick Estimates for May 2024, the first revision for April 2024 and the final revision for February 2024 have been compiled at weighted response rates of 91 percent, 94 percent and 96 percent respectively.<\/p>\n

      4.\u00a0\u00a0\u00a0\u00a0 Details of Quick Estimates of the Index of Industrial Production for the month of May 2024 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.<\/p>\n

      5.\u00a0\u00a0\u00a0\u00a0 Release of the Index for June 2024 will be on Monday, 12th<\/sup>\u00a0August 2024.<\/p>\n

      \u00a0<\/u><\/strong><\/p>\n

      Note: –<\/u><\/p>\n

        \n
      1. This Press release (English and Hindi Version) is also available at the Ministry\u2019s Website –http:\/\/www.mospi.gov.in<\/a>.<\/li>\n
      2. Detailed information pertaining to IIP is available at\u00a0https:\/\/mospi.gov.in\/iip<\/a><\/li>\n<\/ol>\n

        \n

        \n\n\n\n\n\n
         <\/p>\n

        STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL<\/strong><\/td>\n<\/tr>\n

        (Base: 2011-12=100)<\/strong><\/td>\n<\/tr>\n
        \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        Month<\/strong><\/td>\nMining<\/strong><\/td>\nManufacturing<\/strong><\/td>\nElectricity<\/strong><\/td>\nGeneral<\/strong><\/td>\n<\/tr>\n
        (14.372472)<\/strong><\/td>\n(77.63321)<\/strong><\/td>\n(7.994318)<\/strong><\/td>\n(100)<\/strong><\/td>\n<\/tr>\n
        2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n<\/tr>\n
        Apr<\/td>\n122.6<\/td>\n130.9<\/td>\n138.8<\/td>\n144.2<\/td>\n192.3<\/td>\n212.0<\/td>\n140.7<\/td>\n147.7<\/td>\n<\/tr>\n
        May*<\/td>\n128.1<\/td>\n136.5<\/td>\n143.1<\/td>\n149.7<\/td>\n201.6<\/td>\n229.3<\/td>\n145.6<\/td>\n154.2<\/td>\n<\/tr>\n
        Jun<\/td>\n122.3<\/td>\n<\/td>\n141.6<\/td>\n<\/td>\n205.2<\/td>\n<\/td>\n143.9<\/td>\n<\/td>\n<\/tr>\n
        Jul<\/td>\n111.9<\/td>\n<\/td>\n142.1<\/td>\n<\/td>\n204.0<\/td>\n<\/td>\n142.7<\/td>\n<\/td>\n<\/tr>\n
        Aug<\/td>\n111.9<\/td>\n<\/td>\n144.4<\/td>\n<\/td>\n220.5<\/td>\n<\/td>\n145.8<\/td>\n<\/td>\n<\/tr>\n
        Sep<\/td>\n111.5<\/td>\n<\/td>\n141.5<\/td>\n<\/td>\n205.9<\/td>\n<\/td>\n142.3<\/td>\n<\/td>\n<\/tr>\n
        Oct<\/td>\n127.4<\/td>\n<\/td>\n142.1<\/td>\n<\/td>\n203.8<\/td>\n<\/td>\n144.9<\/td>\n<\/td>\n<\/tr>\n
        Nov<\/td>\n131.3<\/td>\n<\/td>\n139.3<\/td>\n<\/td>\n176.3<\/td>\n<\/td>\n141.1<\/td>\n<\/td>\n<\/tr>\n
        Dec<\/td>\n139.5<\/td>\n<\/td>\n151.6<\/td>\n<\/td>\n181.6<\/td>\n<\/td>\n152.3<\/td>\n<\/td>\n<\/tr>\n
        Jan<\/td>\n144.3<\/td>\n<\/td>\n150.8<\/td>\n<\/td>\n197.1<\/td>\n<\/td>\n153.6<\/td>\n<\/td>\n<\/tr>\n
        Feb<\/td>\n139.7<\/td>\n<\/td>\n144.4<\/td>\n<\/td>\n187.2<\/td>\n<\/td>\n147.1<\/td>\n<\/td>\n<\/tr>\n
        Mar<\/td>\n156.2<\/td>\n<\/td>\n156.0<\/td>\n<\/td>\n204.2<\/td>\n<\/td>\n159.9<\/td>\n<\/td>\n<\/tr>\n
        Average<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
        Apr-May<\/td>\n125.4<\/td>\n133.7<\/td>\n141.0<\/td>\n147.0<\/td>\n197.0<\/td>\n220.7<\/td>\n143.2<\/td>\n151.0<\/td>\n<\/tr>\n
        Growth over the corresponding period of previous year#<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
        Apr<\/td>\n5.1<\/td>\n6.8<\/td>\n5.5<\/td>\n3.9<\/td>\n-1.1<\/td>\n10.2<\/td>\n4.6<\/td>\n5.0<\/td>\n<\/tr>\n
        May*<\/td>\n6.4<\/td>\n6.6<\/td>\n6.3<\/td>\n4.6<\/td>\n0.9<\/td>\n13.7<\/td>\n5.7<\/td>\n5.9<\/td>\n<\/tr>\n
        Apr-May<\/td>\n5.8<\/td>\n6.6<\/td>\n5.9<\/td>\n4.3<\/td>\n-0.1<\/td>\n12.0<\/td>\n5.1<\/td>\n5.4<\/td>\n<\/tr>\n
        <\/td>\n<\/tr>\n
        * Figures for May 2024 are Quick Estimates.<\/strong><\/td>\n<\/tr>\n
        NOTE: Indices for the months of Feb’24 and Apr’24 incorporate updated production data.<\/strong><\/td>\n<\/tr>\n
        #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<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

         <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

        \n

        \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        \u00a0<\/strong>\u00a0STATEMENT II:\u00a0 INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)<\/strong><\/td>\n <\/td>\n<\/tr>\n
        (Base: 2011-12=100)<\/strong><\/td>\n <\/td>\n<\/tr>\n
         <\/td>\nIndustry<\/strong><\/td>\nDescription<\/strong><\/td>\nWeight<\/strong><\/td>\nIndex<\/u><\/strong><\/td>\nCumulative Index<\/u><\/strong><\/td>\nPercentage growth#<\/u><\/strong><\/td>\n<\/tr>\n
         <\/td>\ncode<\/strong><\/td>\n <\/td>\n <\/td>\nMay’23<\/strong><\/td>\nMay’24*<\/strong><\/td>\nApr-May*<\/strong><\/td>\nMay’24*<\/strong><\/td>\nApr-May*<\/strong><\/td>\n<\/tr>\n
         <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n <\/td>\n2024-25<\/strong><\/td>\n<\/tr>\n
         <\/td>\n10<\/td>\nManufacture of food products<\/td>\n5.3025<\/td>\n123.2<\/td>\n116.4<\/td>\n130.5<\/td>\n118.3<\/td>\n-5.5<\/td>\n-9.3<\/td>\n<\/tr>\n
         <\/td>\n11<\/td>\nManufacture of beverages<\/td>\n1.0354<\/td>\n124.1<\/td>\n134.2<\/td>\n116.7<\/td>\n128.0<\/td>\n8.1<\/td>\n9.7<\/td>\n<\/tr>\n
         <\/td>\n12<\/td>\nManufacture of tobacco products<\/td>\n0.7985<\/td>\n83.7<\/td>\n87.8<\/td>\n75.4<\/td>\n74.5<\/td>\n4.9<\/td>\n-1.2<\/td>\n<\/tr>\n
         <\/td>\n13<\/td>\nManufacture of textiles<\/td>\n3.2913<\/td>\n107.4<\/td>\n106.7<\/td>\n106.5<\/td>\n105.6<\/td>\n-0.7<\/td>\n-0.8<\/td>\n<\/tr>\n
         <\/td>\n14<\/td>\nManufacture of wearing apparel<\/td>\n1.3225<\/td>\n112.2<\/td>\n123.2<\/td>\n102.2<\/td>\n114.2<\/td>\n9.8<\/td>\n11.7<\/td>\n<\/tr>\n
         <\/td>\n15<\/td>\nManufacture of leather and related products<\/td>\n0.5021<\/td>\n101.1<\/td>\n102.4<\/td>\n99.4<\/td>\n95.9<\/td>\n1.3<\/td>\n-3.5<\/td>\n<\/tr>\n
         <\/td>\n16<\/td>\nManufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials<\/td>\n0.1930<\/td>\n98.7<\/td>\n99.5<\/td>\n94.1<\/td>\n91.9<\/td>\n0.8<\/td>\n-2.3<\/td>\n<\/tr>\n
         <\/td>\n17<\/td>\nManufacture of paper and paper products<\/td>\n0.8724<\/td>\n77.9<\/td>\n81.9<\/td>\n78.9<\/td>\n79.1<\/td>\n5.1<\/td>\n0.3<\/td>\n<\/tr>\n
         <\/td>\n18<\/td>\nPrinting and reproduction of recorded media<\/td>\n0.6798<\/td>\n88.7<\/td>\n86.2<\/td>\n88.7<\/td>\n85.0<\/td>\n-2.8<\/td>\n-4.2<\/td>\n<\/tr>\n
         <\/td>\n19<\/td>\nManufacture of coke and refined petroleum products<\/td>\n11.7749<\/td>\n138.0<\/td>\n140.7<\/td>\n133.6<\/td>\n138.1<\/td>\n2.0<\/td>\n3.4<\/td>\n<\/tr>\n
         <\/td>\n20<\/td>\nManufacture of chemicals and chemical products<\/td>\n7.8730<\/td>\n133.8<\/td>\n133.1<\/td>\n130.2<\/td>\n130.4<\/td>\n-0.5<\/td>\n0.2<\/td>\n<\/tr>\n
         <\/td>\n21<\/td>\nManufacture of pharmaceuticals, medicinal chemical and botanical products<\/td>\n4.9810<\/td>\n227.9<\/td>\n245.0<\/td>\n232.5<\/td>\n244.6<\/td>\n7.5<\/td>\n5.2<\/td>\n<\/tr>\n
         <\/td>\n22<\/td>\nManufacture of rubber and plastics products<\/td>\n2.4222<\/td>\n112.7<\/td>\n111.7<\/td>\n109.5<\/td>\n109.9<\/td>\n-0.9<\/td>\n0.4<\/td>\n<\/tr>\n
         <\/td>\n23<\/td>\nManufacture of other non-metallic mineral products<\/td>\n4.0853<\/td>\n148.4<\/td>\n148.7<\/td>\n147.6<\/td>\n148.4<\/td>\n0.2<\/td>\n0.5<\/td>\n<\/tr>\n
         <\/td>\n24<\/td>\nManufacture of basic metals<\/td>\n12.8043<\/td>\n206.3<\/td>\n222.4<\/td>\n204.1<\/td>\n220.6<\/td>\n7.8<\/td>\n8.1<\/td>\n<\/tr>\n
         <\/td>\n25<\/td>\nManufacture of fabricated metal products, except machinery and equipment<\/td>\n2.6549<\/td>\n87.1<\/td>\n97.8<\/td>\n81.8<\/td>\n91.0<\/td>\n12.3<\/td>\n11.2<\/td>\n<\/tr>\n
         <\/td>\n26<\/td>\nManufacture of computer, electronic and optical products<\/td>\n1.5704<\/td>\n115.1<\/td>\n138.2<\/td>\n113.3<\/td>\n126.2<\/td>\n20.1<\/td>\n11.4<\/td>\n<\/tr>\n
         <\/td>\n27<\/td>\nManufacture of electrical equipment<\/td>\n2.9983<\/td>\n106.6<\/td>\n122.3<\/td>\n106.6<\/td>\n116.2<\/td>\n14.7<\/td>\n9.0<\/td>\n<\/tr>\n
         <\/td>\n28<\/td>\nManufacture of machinery and equipment n.e.c.<\/td>\n4.7653<\/td>\n116.2<\/td>\n118.2<\/td>\n112.0<\/td>\n113.1<\/td>\n1.7<\/td>\n1.0<\/td>\n<\/tr>\n
         <\/td>\n29<\/td>\nManufacture of motor vehicles, trailers and semi-trailers<\/td>\n4.8573<\/td>\n126.1<\/td>\n133.9<\/td>\n119.5<\/td>\n130.1<\/td>\n6.2<\/td>\n8.9<\/td>\n<\/tr>\n
         <\/td>\n30<\/td>\nManufacture of other transport equipment<\/td>\n1.7763<\/td>\n131.2<\/td>\n153.2<\/td>\n125.4<\/td>\n146.8<\/td>\n16.8<\/td>\n17.1<\/td>\n<\/tr>\n
         <\/td>\n31<\/td>\nManufacture of furniture<\/td>\n0.1311<\/td>\n179.9<\/td>\n221.6<\/td>\n162.3<\/td>\n215.5<\/td>\n23.2<\/td>\n32.8<\/td>\n<\/tr>\n
         <\/td>\n32<\/td>\nOther manufacturing<\/td>\n0.9415<\/td>\n79.2<\/td>\n72.4<\/td>\n83.5<\/td>\n84.8<\/td>\n-8.6<\/td>\n1.6<\/td>\n<\/tr>\n
         <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
         <\/td>\n05<\/td>\nMining<\/td>\n14.3725<\/td>\n128.1<\/td>\n136.5<\/td>\n125.4<\/td>\n133.7<\/td>\n6.6<\/td>\n6.6<\/td>\n<\/tr>\n
         <\/td>\n10-32<\/td>\nManufacturing<\/td>\n77.6332<\/td>\n143.1<\/td>\n149.7<\/td>\n141.0<\/td>\n147.0<\/td>\n4.6<\/td>\n4.3<\/td>\n<\/tr>\n
         <\/td>\n35<\/td>\nElectricity<\/td>\n7.9943<\/td>\n201.6<\/td>\n229.3<\/td>\n197.0<\/td>\n220.7<\/td>\n13.7<\/td>\n12.0<\/td>\n<\/tr>\n
         <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
         <\/td>\n <\/td>\nGeneral Index<\/td>\n100.00<\/td>\n145.6<\/td>\n154.2<\/td>\n143.2<\/td>\n151.0<\/td>\n5.9<\/td>\n5.4<\/td>\n<\/tr>\n
        <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

        \n

        *\u00a0Figures for May\u201924 are Quick Estimates.<\/strong><\/p>\n

        #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<\/strong><\/p>\n

        \n\n\n\n\n
        STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED<\/strong><\/td>\n<\/td>\n<\/tr>\n
        (Base :2011-12=100)<\/strong><\/p>\n

         <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
         <\/td>\nPrimary goods<\/strong><\/td>\nCapital goods<\/strong><\/td>\nIntermediate goods<\/strong><\/td>\nInfrastructure\/ construction goods<\/strong><\/td>\nConsumer durables<\/strong><\/td>\nConsumer non-durables<\/strong><\/td>\n<\/tr>\n
        Month<\/strong><\/td>\n(34.048612)<\/strong><\/td>\n(8.223043)<\/strong><\/td>\n(17.221487)<\/strong><\/td>\n(12.338363)<\/strong><\/td>\n(12.839296)<\/strong><\/td>\n(15.329199)<\/strong><\/td>\n<\/tr>\n
         <\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2022-23<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n2023-24<\/strong><\/td>\n2024-25<\/strong><\/td>\n<\/tr>\n
        Apr<\/td>\n142.2<\/td>\n152.2<\/td>\n92.4<\/td>\n94.9<\/td>\n152.0<\/td>\n156.9<\/td>\n169.8<\/td>\n183.4<\/td>\n108.1<\/td>\n118.9<\/td>\n154.7<\/td>\n150.9<\/td>\n<\/tr>\n
        May*<\/td>\n149.9<\/td>\n160.9<\/td>\n102.6<\/td>\n105.2<\/td>\n156.9<\/td>\n160.8<\/td>\n173.2<\/td>\n185.1<\/td>\n115.6<\/td>\n129.8<\/td>\n149.8<\/td>\n153.3<\/td>\n<\/tr>\n
        Jun<\/td>\n146.7<\/td>\n <\/td>\n107.4<\/td>\n <\/td>\n154.2<\/td>\n <\/td>\n170.9<\/td>\n <\/td>\n116.8<\/td>\n <\/td>\n146.7<\/td>\n <\/td>\n<\/tr>\n
        Jul<\/td>\n141.8<\/td>\n <\/td>\n102.1<\/td>\n <\/td>\n153.8<\/td>\n <\/td>\n170.3<\/td>\n <\/td>\n117.0<\/td>\n <\/td>\n153.5<\/td>\n <\/td>\n<\/tr>\n
        Aug<\/td>\n145.4<\/td>\n <\/td>\n107.4<\/td>\n <\/td>\n157.4<\/td>\n <\/td>\n176.8<\/td>\n <\/td>\n123.2<\/td>\n <\/td>\n148.3<\/td>\n <\/td>\n<\/tr>\n
        Sep<\/td>\n138.8<\/td>\n <\/td>\n112.6<\/td>\n <\/td>\n154.2<\/td>\n <\/td>\n172.8<\/td>\n <\/td>\n125.0<\/td>\n <\/td>\n142.6<\/td>\n <\/td>\n<\/tr>\n
        Oct<\/td>\n146.1<\/td>\n <\/td>\n106.1<\/td>\n <\/td>\n157.5<\/td>\n <\/td>\n175.9<\/td>\n <\/td>\n123.0<\/td>\n <\/td>\n142.4<\/td>\n <\/td>\n<\/tr>\n
        Nov<\/td>\n143.8<\/td>\n <\/td>\n98.0<\/td>\n <\/td>\n151.3<\/td>\n <\/td>\n164.2<\/td>\n <\/td>\n106.5<\/td>\n <\/td>\n157.2<\/td>\n <\/td>\n<\/tr>\n
        Dec<\/td>\n151.9<\/td>\n <\/td>\n103.8<\/td>\n <\/td>\n159.8<\/td>\n <\/td>\n180.3<\/td>\n <\/td>\n114.5<\/td>\n <\/td>\n179.7<\/td>\n <\/td>\n<\/tr>\n
        Jan<\/td>\n154.3<\/td>\n <\/td>\n108.3<\/td>\n <\/td>\n163.8<\/td>\n <\/td>\n186.6<\/td>\n <\/td>\n121.4<\/td>\n <\/td>\n164.9<\/td>\n <\/td>\n<\/tr>\n
        Feb<\/td>\n148.2<\/td>\n <\/td>\n106.7<\/td>\n <\/td>\n157.6<\/td>\n <\/td>\n179.5<\/td>\n <\/td>\n121.9<\/td>\n <\/td>\n149.9<\/td>\n <\/td>\n<\/tr>\n
        Mar<\/td>\n163.1<\/td>\n <\/td>\n131.1<\/td>\n <\/td>\n168.2<\/td>\n <\/td>\n195.2<\/td>\n <\/td>\n129.9<\/td>\n <\/td>\n155.3<\/td>\n <\/td>\n<\/tr>\n
        Average<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
        Apr-May<\/td>\n146.1<\/td>\n156.6<\/td>\n97.5<\/td>\n100.1<\/td>\n154.5<\/td>\n158.9<\/td>\n171.5<\/td>\n184.3<\/td>\n111.9<\/td>\n124.4<\/td>\n152.3<\/td>\n152.1<\/td>\n<\/tr>\n
        Growth over the corresponding period of previous year#<\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n <\/td>\n<\/tr>\n
        Apr<\/td>\n1.9<\/td>\n7.0<\/td>\n4.4<\/td>\n2.7<\/td>\n1.7<\/td>\n3.2<\/td>\n13.4<\/td>\n8.0<\/td>\n-2.3<\/td>\n10.0<\/td>\n11.4<\/td>\n-2.5<\/td>\n<\/tr>\n
        May*<\/td>\n3.6<\/td>\n7.3<\/td>\n8.1<\/td>\n2.5<\/td>\n3.4<\/td>\n2.5<\/td>\n13.0<\/td>\n6.9<\/td>\n1.5<\/td>\n12.3<\/td>\n8.9<\/td>\n2.3<\/td>\n<\/tr>\n
        Apr-May<\/td>\n2.8<\/td>\n7.2<\/td>\n6.3<\/td>\n2.7<\/td>\n2.6<\/td>\n2.8<\/td>\n13.2<\/td>\n7.5<\/td>\n-0.4<\/td>\n11.2<\/td>\n10.2<\/td>\n-0.1<\/td>\n<\/tr>\n
        <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        \n\n\n\n\n\n
        * Figures for May 2024 are Quick Estimates.<\/strong><\/td>\n<\/tr>\n
        NOTE: Indices for the months of Feb’24 and Apr’24 incorporate updated production data.<\/strong><\/td>\n<\/tr>\n
        #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<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        \n\n\n\n\n
        STATEMENT IV:\u00a0 MONTHLY INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)<\/strong><\/td>\n<\/tr>\n
        (Base: 2011-12=100)<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        Industry code<\/strong><\/td>\nDescription<\/strong><\/td>\nWeight<\/strong><\/td>\nJun-23<\/strong><\/td>\nJul-23<\/strong><\/td>\nAug-23<\/strong><\/td>\nSep-23<\/strong><\/td>\nOct-23<\/strong><\/td>\nNov-23<\/strong><\/td>\nDec-23<\/strong><\/td>\nJan-24<\/strong><\/td>\nFeb-24<\/strong><\/td>\nMar-24<\/strong><\/td>\nApr-24<\/strong><\/td>\nMay-24<\/strong><\/td>\n<\/tr>\n
        10<\/td>\nManufacture of food products<\/td>\n5.3025<\/td>\n113.6<\/td>\n121.6<\/td>\n123.9<\/td>\n114.6<\/td>\n123.5<\/td>\n141.5<\/td>\n160.8<\/td>\n158.9<\/td>\n151.9<\/td>\n142.5<\/td>\n120.2<\/td>\n116.4<\/td>\n<\/tr>\n
        11<\/td>\nManufacture of beverages<\/td>\n1.0354<\/td>\n125.0<\/td>\n109.4<\/td>\n103.4<\/td>\n101.6<\/td>\n99.6<\/td>\n100.7<\/td>\n101.3<\/td>\n112.6<\/td>\n120.0<\/td>\n124.3<\/td>\n121.8<\/td>\n134.2<\/td>\n<\/tr>\n
        12<\/td>\nManufacture of tobacco products<\/td>\n0.7985<\/td>\n93.8<\/td>\n71.8<\/td>\n81.4<\/td>\n89.8<\/td>\n82.7<\/td>\n79.8<\/td>\n82.7<\/td>\n84.6<\/td>\n77.3<\/td>\n78.4<\/td>\n61.1<\/td>\n87.8<\/td>\n<\/tr>\n
        13<\/td>\nManufacture of textiles<\/td>\n3.2913<\/td>\n107.8<\/td>\n108.5<\/td>\n107.1<\/td>\n108.4<\/td>\n110.2<\/td>\n102.7<\/td>\n112.3<\/td>\n109.7<\/td>\n104.1<\/td>\n106.5<\/td>\n104.4<\/td>\n106.7<\/td>\n<\/tr>\n
        14<\/td>\nManufacture of wearing apparel<\/td>\n1.3225<\/td>\n120.1<\/td>\n103.9<\/td>\n97.8<\/td>\n102.4<\/td>\n97.8<\/td>\n92.9<\/td>\n113.1<\/td>\n117.3<\/td>\n125.6<\/td>\n143.2<\/td>\n105.1<\/td>\n123.2<\/td>\n<\/tr>\n
        15<\/td>\nManufacture of leather and related products<\/td>\n0.5021<\/td>\n103.4<\/td>\n95.1<\/td>\n92.4<\/td>\n91.8<\/td>\n91.1<\/td>\n78.8<\/td>\n95.9<\/td>\n99.9<\/td>\n96.8<\/td>\n95.9<\/td>\n89.3<\/td>\n102.4<\/td>\n<\/tr>\n
        16<\/td>\nManufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials<\/td>\n0.1930<\/td>\n98.0<\/td>\n98.4<\/td>\n98.5<\/td>\n108.1<\/td>\n93.7<\/td>\n87.6<\/td>\n97.7<\/td>\n96.4<\/td>\n101.7<\/td>\n111.5<\/td>\n84.3<\/td>\n99.5<\/td>\n<\/tr>\n
        17<\/td>\nManufacture of paper and paper products<\/td>\n0.8724<\/td>\n81.3<\/td>\n82.1<\/td>\n82.3<\/td>\n78.5<\/td>\n78.5<\/td>\n73.3<\/td>\n78.1<\/td>\n79.1<\/td>\n79.2<\/td>\n83.2<\/td>\n76.2<\/td>\n81.9<\/td>\n<\/tr>\n
        18<\/td>\nPrinting and reproduction of recorded media<\/td>\n0.6798<\/td>\n88.7<\/td>\n89.0<\/td>\n91.0<\/td>\n87.5<\/td>\n87.0<\/td>\n84.1<\/td>\n95.5<\/td>\n91.3<\/td>\n88.8<\/td>\n92.3<\/td>\n83.8<\/td>\n86.2<\/td>\n<\/tr>\n
        19<\/td>\nManufacture of coke and refined petroleum products<\/td>\n11.7749<\/td>\n133.5<\/td>\n131.9<\/td>\n131.7<\/td>\n122.4<\/td>\n125.7<\/td>\n132.9<\/td>\n141.9<\/td>\n134.7<\/td>\n131.2<\/td>\n142.4<\/td>\n135.4<\/td>\n140.7<\/td>\n<\/tr>\n
        20<\/td>\nManufacture of chemicals and chemical products<\/td>\n7.8730<\/td>\n130.5<\/td>\n128.6<\/td>\n126.8<\/td>\n123.6<\/td>\n126.5<\/td>\n119.5<\/td>\n127.5<\/td>\n127.6<\/td>\n125.4<\/td>\n130.3<\/td>\n127.6<\/td>\n133.1<\/td>\n<\/tr>\n
        21<\/td>\nManufacture of pharmaceuticals, medicinal chemical and botanical products<\/td>\n4.9810<\/td>\n225.3<\/td>\n244.5<\/td>\n225.9<\/td>\n220.1<\/td>\n212.8<\/td>\n244.3<\/td>\n286.3<\/td>\n245.6<\/td>\n205.6<\/td>\n228.1<\/td>\n244.2<\/td>\n245.0<\/td>\n<\/tr>\n
        22<\/td>\nManufacture of rubber and plastics products<\/td>\n2.4222<\/td>\n106.5<\/td>\n107.7<\/td>\n108.5<\/td>\n106.5<\/td>\n109.0<\/td>\n105.1<\/td>\n106.9<\/td>\n112.8<\/td>\n110.3<\/td>\n116.8<\/td>\n108.1<\/td>\n111.7<\/td>\n<\/tr>\n
        23<\/td>\nManufacture of other non-metallic mineral products<\/td>\n4.0853<\/td>\n149.5<\/td>\n134.0<\/td>\n142.5<\/td>\n132.8<\/td>\n140.5<\/td>\n127.0<\/td>\n147.1<\/td>\n147.5<\/td>\n147.7<\/td>\n165.4<\/td>\n148.0<\/td>\n148.7<\/td>\n<\/tr>\n
        24<\/td>\nManufacture of basic metals<\/td>\n12.8043<\/td>\n203.4<\/td>\n209.4<\/td>\n217.4<\/td>\n213.6<\/td>\n217.2<\/td>\n207.3<\/td>\n220.2<\/td>\n226.9<\/td>\n213.2<\/td>\n232.1<\/td>\n218.8<\/td>\n222.4<\/td>\n<\/tr>\n
        25<\/td>\nManufacture of fabricated metal products, except machinery and equipment<\/td>\n2.6549<\/td>\n86.7<\/td>\n83.8<\/td>\n100.0<\/td>\n97.1<\/td>\n92.8<\/td>\n81.0<\/td>\n98.1<\/td>\n95.1<\/td>\n95.7<\/td>\n114.8<\/td>\n84.2<\/td>\n97.8<\/td>\n<\/tr>\n
        26<\/td>\nManufacture of computer, electronic and optical products<\/td>\n1.5704<\/td>\n121.9<\/td>\n118.6<\/td>\n131.4<\/td>\n149.4<\/td>\n123.1<\/td>\n96.7<\/td>\n111.6<\/td>\n120.8<\/td>\n125.8<\/td>\n134.7<\/td>\n114.2<\/td>\n138.2<\/td>\n<\/tr>\n
        27<\/td>\nManufacture of electrical equipment<\/td>\n2.9983<\/td>\n103.5<\/td>\n102.5<\/td>\n108.6<\/td>\n108.0<\/td>\n94.8<\/td>\n89.0<\/td>\n116.6<\/td>\n108.1<\/td>\n111.5<\/td>\n124.3<\/td>\n110.1<\/td>\n122.3<\/td>\n<\/tr>\n
        28<\/td>\nManufacture of machinery and equipment n.e.c.<\/td>\n4.7653<\/td>\n123.7<\/td>\n119.9<\/td>\n126.3<\/td>\n127.0<\/td>\n123.3<\/td>\n109.1<\/td>\n115.5<\/td>\n116.4<\/td>\n121.0<\/td>\n145.1<\/td>\n108.0<\/td>\n118.2<\/td>\n<\/tr>\n
        29<\/td>\nManufacture of motor vehicles, trailers and semi-trailers<\/td>\n4.8573<\/td>\n123.6<\/td>\n129.5<\/td>\n128.6<\/td>\n130.5<\/td>\n135.7<\/td>\n126.7<\/td>\n118.5<\/td>\n140.5<\/td>\n130.4<\/td>\n130.3<\/td>\n126.2<\/td>\n133.9<\/td>\n<\/tr>\n
        30<\/td>\nManufacture of other transport equipment<\/td>\n1.7763<\/td>\n140.6<\/td>\n123.5<\/td>\n145.9<\/td>\n166.0<\/td>\n157.2<\/td>\n144.5<\/td>\n137.2<\/td>\n149.5<\/td>\n145.8<\/td>\n175.7<\/td>\n140.3<\/td>\n153.2<\/td>\n<\/tr>\n
        31<\/td>\nManufacture of furniture<\/td>\n0.1311<\/td>\n183.0<\/td>\n190.6<\/td>\n189.5<\/td>\n185.1<\/td>\n176.8<\/td>\n144.5<\/td>\n197.4<\/td>\n199.0<\/td>\n227.7<\/td>\n278.6<\/td>\n209.4<\/td>\n221.6<\/td>\n<\/tr>\n
        32<\/td>\nOther manufacturing<\/td>\n0.9415<\/td>\n85.6<\/td>\n97.1<\/td>\n94.6<\/td>\n96.7<\/td>\n103.7<\/td>\n65.8<\/td>\n70.5<\/td>\n76.6<\/td>\n76.4<\/td>\n90.0<\/td>\n97.1<\/td>\n72.4<\/td>\n<\/tr>\n
         <\/td>\n <\/td>\n <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
        5<\/td>\nMining<\/td>\n14.3725<\/td>\n122.3<\/td>\n111.9<\/td>\n111.9<\/td>\n111.5<\/td>\n127.4<\/td>\n131.3<\/td>\n139.5<\/td>\n144.3<\/td>\n139.7<\/td>\n156.2<\/td>\n130.9<\/td>\n136.5<\/td>\n<\/tr>\n
        10-32<\/td>\nManufacturing<\/td>\n77.6332<\/td>\n141.6<\/td>\n142.1<\/td>\n144.4<\/td>\n141.5<\/td>\n142.1<\/td>\n139.3<\/td>\n151.6<\/td>\n150.8<\/td>\n144.4<\/td>\n156.0<\/td>\n144.2<\/td>\n149.7<\/td>\n<\/tr>\n
        35<\/td>\nElectricity<\/td>\n7.9943<\/td>\n205.2<\/td>\n204.0<\/td>\n220.5<\/td>\n205.9<\/td>\n203.8<\/td>\n176.3<\/td>\n181.6<\/td>\n197.1<\/td>\n187.2<\/td>\n204.2<\/td>\n212.0<\/td>\n229.3<\/td>\n<\/tr>\n
         <\/td>\n <\/td>\n <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
         <\/td>\nGeneral Index<\/td>\n100<\/td>\n143.9<\/td>\n142.7<\/td>\n145.8<\/td>\n142.3<\/td>\n144.9<\/td>\n141.1<\/td>\n152.3<\/td>\n153.6<\/td>\n147.1<\/td>\n159.9<\/td>\n147.7<\/td>\n154.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        * Figures for May\u201924 are Quick Estimates.<\/strong><\/p>\n

        NOTE: Indices for the months of\u00a0<\/strong>Feb’24 and Apr’24\u00a0<\/strong>incorporate updated production data.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

        The Quick Estimates of Index of Industrial Production (IIP) are released on 12th\u00a0of every month (or previous working day if 12th\u00a0is 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. These Quick Estimates will undergo revision in subsequent …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7291,7290,3535,7293,7292],"class_list":["post-10129","post","type-post","status-publish","format-standard","","category-business-english-news","tag-economic-growth-india","tag-india-industrial-output","tag-indian-economy","tag-industrial-production-statistics","tag-manufacturing-sector-india"],"yoast_head":"\nIndia's IIP records a growth of 5.9% in the May 2024 - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Learn about the 5.9% growth in India's Industrial Production (IIP) in May 2024, its impact, and future prospects. 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