Index for Industrial Production for April 2007 released

New Delhi, Jun 12 (UNI) The General Index for Industrial Production (IIP) stood at 255.9 up by 13.6 per cent for April 2007 as compared to the level during the same month last year, according to the Quick Estimates of IIP with base 1993-94 released by the Central Statistical Organisation (CSO) of the Ministry of Statistics and Programme Implementation here today.

The General Index stands at 255.9, which is 13.6 per cent higher as compared to the level in the month of April 2006. The revised annual growth for the period April-March 2006-07 stands at 11.5 per cent over the corresponding period of the pervious year.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2007 stand at 162.5, 273.5, and 215.2 respectively, with the corresponding growth rates of 3.4 per cent, 15.1 per cent and 8.7 per cent as compared to April 2006.

The revised annual growth in the three sectors during 2006-07 over the previous year such as 2005-2006 has been 5.3 per cent, 12.5 per cent and 7.2 per cent respectively, which moved the overall growth in the General Index to 11.5 per cent.

In terms of industries, as many as sixteen (16) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of April 2007 as compared to the corresponding month of the previous year.

The industry group 'Wood and Wood Products; Furniture and Fixtures have shown the highest growth of 92.2 per cent, followed by 55 per cent in Food Products and 19.2 per cent in 'Machinery and Equipment other than Transport Equipment'. On the other hand, the industry group Other Manufacturing Industries have shown a negative growth of 5.4 per cent.

As per Use-based classification, the Sectoral growth rates in April 2007 over April 2006 are 8.9 per cent in Basic goods, 17.7 per cent in Capital goods and 12.6 per cent in Intermediate goods.

The Consumer durables and Consumer non-durables have recorded growth of 5.3 per cent and 21.9 per cent respectively, with the overall growth in Consumer goods being 17.7 per cent.

Alongwith the Quick Estimates of IIP for April 2007, the indices for March 2007 have undergone the first revision and those for January 2007 have undergone 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 January 2007 and March 2007.

UNI