Industrial production, as represented by Index of Industrial Production (IIP) for the month of October 2017 stands at 125.6, which is 8.4 percent higher as compared to the level in the month of November 2016. The cumulative growth for the period April-November 2017 over the corresponding period of the previous year stands at 3.2 percent.
The Indices of IndustrialProductionfor the Mining, ManufacturingandElectricity sectors for the month of November 2017standat107.4, 127.5 and 140.1 respectively, with the correspondinggrowthrates of 1.1 percent, 10.2 percent and 3.9 percent as compared to November 2016.
In terms of industries, fifteen out of the twenty threeindustrygroups (asper 2-digit NIC-2008) in the manufacturingsectorhave shown positivegrowthduring the month of November 2017 as compared to the corresponding month of the previous year.
Asper Use-based classification, the growthratesinNovember 2017overNovember 2016 are 3.2 percent in Primarygoods, 9.4 percent in Capital goods, 5.5 percent in Intermediate goods and 13.5 percent in Infrastructure/ Construction Goods.