Sectoral indices: Mining & Quarrying (104.6), Manufacturing (119.3), Electricity & Gas Supply (125.5), Water Supply, Sewerage & Waste Management (146.1)
Within Manufacturing sector, 17 out of 23 industry groups recorded positive growth
Top three manufacturing contributors: Manufacture of motor vehicles, trailers and semi-trailers (12.7%), Manufacture of electrical equipment (19.2%), Manufacture of machinery and equipment n.e.c. (12.9%)
Top three positive contributors to IIP growth: Intermediate Goods, Capital Goods, and Infrastructure/Construction Goods
Part B: Major Changes in New IIP Series
Base year revised from 2011-12 to 2022-23
Expanded scope to include Gas Supply, Water Supply, Sewerage, and Waste Management activities
Enhanced granularity with separate indices for: Electricity generation from Renewable and Non-renewable sources; Fuel Minerals, Metallic Minerals and Non-Metallic Minerals
Revamped item basket covering 463 item groups (up from 407 in previous series)
Item additions: Cards with magnetic stripe, CCTV camera, Articles of non-woven textiles, Parts of aircraft and spacecraft, Stents, Vaccine (other than veterinary)
Item deletions: Kerosene, Fluorescent tubes and CFLs, Tubes for bicycle/tricycle/rickshaw tyres, Tubes for LMV tyres, Printing machinery, Sewing machines
Number of item groups with production data in value terms increased to 234 from 109
Updated weights using Gross Value Added from National Accounts Statistics (base 2022-23)
Sectoral weight changes: Mining & Quarrying (11.053% from 14.372%), Manufacturing (76.062% from 77.633%), Electricity & Gas Supply (10.865% from 7.995%), new Water Supply sector (2.020%)
16 data Source Agencies now involved (4 new agencies added)
