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GOVERNMENT
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The Index of Industrial Production (IIP) is a composite indicator that measures the changes in the volume of production of a basket of industrial products during a given period with respect to the volume of production in a chosen base period. IIP currently has 2004-05 as base year.
Medical; precision and optical instruments; watches and clocks category has a weightage of 5.67 in IIP. It accounts for the 0.75% of the total Manufacturing Sector (with weight of 755.27 in IIP) and 0.57% of the entire IIP (having total weight of 1000). It has increased from 95.35 in the year 2005-2006 to 111.13 in the year 2013-14. It has shown total increase of 15.78 points during the period from 2005-06 to 2013-14. The average annual growth in the index from 2005-06 to 2013-14 was 1.97 points.
Motor vehicles; trailers and semi-trailers category has a weightage of 40.64 in IIP. It accounts for the 5.38% of the total Manufacturing Sector (with weight of 755.27 in IIP) and 4.06% of the entire IIP (having total weight of 1000). It has increased from 110.13 in the year 2005-2006 to 221.33 in the year 2013-14. It has shown total increase of 111.2 points during the period from 2005-06 to 2013-14. The average annual growth in the index from 2005-06 to 2013-14 was 13.9 points.
Other transport equipment category has a weightage of 18.25 in IIP. It accounts for the 2.42% of the total Manufacturing Sector (with weight of 755.27 in IIP) and 1.83% of the entire IIP (having total weight of 1000). It has increased from 115.31 in the year 2005-2006 to 249.5 in the year 2013-14. It has shown total increase of 134.19 points during the period from 2005-06 to 2013-14. The average annual growth in the index from 2005-06 to 2013-14 was 16.77 points.
Furniture; manufacturing n.e.c. category has a weightage of 29.97 in IIP. It accounts for the 3.97% of the total Manufacturing Sector (with weight of 755.27 in IIP) and 3% of the entire IIP (having total weight of 1000). It has decreased from 116.21 in the year 2005-2006 to 113.27 in the year 2013-14. It has shown total decrease of -2.94 points during the period from 2005-06 to 2013-14.
Note: Original Source: Central Statistics Office. (Base: 2004-05=100) and also published in statistical year book 2015 by MOSPI. n.e.c. = not elsewhere classified.