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Use based Index Numbers of Industrial Production
The current phase of growth is as much due to the investment demand as consumption demand. Capital goods industries are in a continuous growth phase for the last four years, and there are no reports of any slackening yet. Intermediate goods (that go into the manufacturing process like nuts and bolts, fittings and fixtures, yarn, etc) should see a growth phase now, as the new capacities added over the last four years will start producing. Basic goods consist of actual chemicals and minerals that are the feedstock of all manufacturing process.
| YOY% change |
Basic |
Capital |
Intermediate |
Consumer durables |
Consumer non-durables |
IIP |
| weight |
35.5 |
9.3 |
26.5 |
5.3 |
23.3 |
100.0 |
| 1994-95 |
9.6 |
9.2 |
5.3 |
16.2 |
11.2 |
9.1 |
| 1995-96 |
10.8 |
5.3 |
19.4 |
25.8 |
9.8 |
13.0 |
| 1996-97 |
3.0 |
11.5 |
8.1 |
4.6 |
6.6 |
6.1 |
| 1997-98 |
6.9 |
5.8 |
8.0 |
7.8 |
4.8 |
6.7 |
| 1998-99 |
1.6 |
12.6 |
6.1 |
5.6 |
1.2 |
4.1 |
| 1999-00 |
5.5 |
6.9 |
8.8 |
14.1 |
3.2 |
6.7 |
| 2000-01 |
3.7 |
1.8 |
4.7 |
14.5 |
5.8 |
5.0 |
| 2001-02 |
2.6 |
-3.4 |
1.5 |
11.5 |
4.1 |
2.7 |
| 2002-03 |
4.9 |
10.5 |
3.9 |
-6.3 |
12.0 |
5.7 |
| 2003-04 |
5.4 |
13.6 |
6.4 |
11.6 |
5.8 |
7.0 |
| 2004-05 |
5.5 |
13.9 |
6.1 |
14.4 |
10.8 |
8.4 |
| 2005-06 |
6.7 |
15.8 |
2.5 |
15.3 |
11.0 |
8.2 |
| 2006-07(Apr-Nov) |
9.3 |
16.1 |
10.9 |
12.5 |
8.7 |
10.6 |
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