The Index of Industrial Production (IIP) is an index for India which details out the growth of various sectors in an economy such as mining, electricity and manufacturing. The all India IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. It is compiled and published monthly by the Central Statistical Organisation (CSO) six weeks after the reference month ends.
Weight of Eight Core Sectors
|
Sl. No. |
Sectors |
Weight in IIP |
|
1 |
Coal |
4.379 |
|
2 |
Crude Oil |
5.216 |
|
3 |
Natural Gas |
1.708 |
|
4 |
Refinery Products |
5.939 |
|
5 |
Fertilizers |
1.254 |
|
6 |
Steel |
6.684 |
|
7 |
Cement |
2.406 |
|
8 |
Electricity |
10.316 |
|
Overall Eight Core Sector Weight |
37.903 |
Weight of Different Demand Based Sectors in Indian IIP
|
Sl No. |
Sectors |
Weight in IIP |
|
1 |
Basic Goods |
35.57 |
|
2 |
Capital Goods |
9.26 |
|
3 |
Intermediate Goods |
26.51 |
|
4 |
Consumer Goods |
28.66 |
|
a) Durables |
5.37 |
|
|
b) Non-Durables |
23.3 |
