The General Index for the month of December
2014 stands at 182.6, which is 1.7% higher as compared to the level in the
month of December 2013. After touching a
five-month high of of 3.8% in November 2014, India's industrial production
eased to 1.7 per cent in December, 2014, as per a government data released on
Thursday. "The General Index for the month of December 2014 stands at
182.6, which is 1.7% higher as compared to the level in the month of December
2013. The cumulative growth for the period April-December 2014-15 over the
corresponding period of the previous year stands at 2.1%," an official
statement said. The Indices of Industrial Production for the Mining,
Manufacturing and Electricity sectors for the month of December 2014 stand at
131.6, 192.9 and 177.6 respectively, with the corresponding growth rates of (-)
3.2%, 2.1% and 4.8% as compared to December 2013 (Statement I).
The cumulative
growth in the three sectors during April-December 2014-15 over the
corresponding period of 2013-14 has been 1.7%, 1.2% and 10.0% respectively. In
terms of industries, thirteen (13) out of the twenty two (22) industry groups
(as per 2-digit NIC-2004) in the manufacturing sec tor have shown positive
growth during the month of December 2014 as compared to the corresponding month
of the previous year (St atement II). The industry group 'Furniture;
manufacturing n.e.c.' has shown the highest positive growth of 45.4%, followed
by 17.6% in 'Wearing apparel; dressing and dyeing of fur' and 16.7% in
'Luggage, handbags, saddlery, harness & footwear; tanning and dressing of
leather products'. On the other hand, the industry group 'Radio, TV and
communication equipment & apparatus' has shown the highest negative growth
of (-) 70.4%, followed by (-) 34.0% in 'Office, accounting & computing
machinery' and (-) 11.1% in 'Medical, precision & optical instruments,
watches and clocks'. As per Use-based classification, the growth rates in
December 2014 over December 2013 are 2.4% in Basic goods, 4.1% in Capital goods
and 0.1% in Intermediate goods (Statement III). The Consumer durables and
Consumer non-durables have recorded growth of (-) 9.0% and 5.7% respectively,
with the overall growth in Consumer goods being 0.7%. Some of the important
items showing high positive growth during the current month over the same month
in previous year include 'Polythene bags including HDPE & LDPE bags'
(239.0%), 'H R Sheets' (164.3%), 'Conductor, Aluminium' (132.9%), 'Gems and Jewellery'
(81.8%), 'Pens of all kind' (47.7%), 'Leather Garments' (38.9%), 'Scooter and
Mopeds' (27.9%), 'Fasteners (excluding Zip-Fasteners)' (26.9%), 'Plastic
Machinery including Moulding Machinery' (24.7%) and 'Air Conditioner (Room)'
(20.5%). Some of the other important items showing high negative growth are:
'Telephone Instruments (incl. Mobile Phones & Accessories)' [(-) 80.1%],
'Ship Building & Repairs' [(-) 52.3%], 'Sugar Machinery' [(-) 48.6%],
'Tractors (complete)' [(-) 42.6%], 'Computers' [(-) 36.0%], 'Glass Sheet' [(-)
31.6%], 'Colour TV Sets' [(-) 26.6%], 'Wood Furniture' [(-) 26.5%], 'Steel
Structures' [(-) 24.3%] and 'PVC Pipes and Tubes' [(-) 22.2%].
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