Industrial production for the month of March 2014 stands at 193.2, which is 0.5% lower as compared to the level in the month of March 2013. The cumulative growth for the period April-March 2013-14 over the corresponding period of the previous year stands at - 0.1%.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2014 stand at 145.8, 204.8 and 173.0 respectively, with the corresponding growth rates of -0.4%, -1.2% and 5.4% as compared to March 2013. The cumulative growth in the three sectors during April-March 2013-14 over the corresponding period of 2012-13 has been -0.8%, - 0.8% and 6.1% respectively. In terms of industries, 12 out of the 22 industry groups in the manufacturing sector have shown negative growth during the month of March 2014 as compared to the corresponding month of the previous year.
As per Use-based classification, the growth rates in March 2014 over March 2013 are 4.0% in Basic goods, -12.5% in Capital goods and 0.6% in Intermediate goods. The Consumer durables and Consumer non-durables have recorded growth of -11.8% and 7.2% respectively, with the overall growth in Consumer goods being -0.9%.