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OEM Update

Index of Industrial Production for the month of July, 2013

September 12, 2013 1:14 pm

 General index for the month of July 2013 stands at 171.5, which is 2.6% higher as compared to the level in the month of July 2012. The cumulative growth for the period April-July 2013-14 over the corresponding period of the previous year stands at (-) 0.2%. . The Indices of Industrial Production for the mining, manufacturing and electricity sectors for the month of July 2013 stand at 117.0, 182.7 and 164.5 respectively, with the corresponding growth rates of (-) 2.3%, 3.0% and 5.2% as compared to July 2012 (Statement I). The cumulative growth in the three sectors during April-July 2013-14 over the corresponding period of 2012-13 has been (-) 4.0%, (-) 0.2% and 3.9% respectively. . In terms of industries, 11 out of the 22 industry groups (as per 2-digit NIC-2004) in the manufacturing sector have shown positive growth during the month of July 2013 as compared to the corresponding month of the previous year. The industry group ‘electrical machinery & apparatus n.e.c.’ has shown the highest positive growth of 83.6% whereas the industry group ‘machinery and equipment n.e.c.’ has shown a negative growth of 10.6%. . Some of the other important items showing high negative growth are: grinding wheels (- 29.4%), boilers (- 36.6%), room air conditioner (- 30.8%), earth moving machinery (- 42.6%), sugar machinery (- 27.9%), plastic machinery including moulding machinery (- 40.7%), small transformers (- 22.7%), and generator or alternator.

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