India's Sep textile manufacturing IIP up 3.7% YoY, 17.9% for apparel

12 Nov '23

1 min read

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Insights

The quick estimates of India's index of industrial production (IIP) with base 2011-12 stands at 141.6 for September this year.
The IIP for manufacturing for the month was 140.6.
The index for manufacturing of textiles grew by 3.7 per cent year on year (YoY) to 107.7 in the month, while the same for apparel manufacturing fell by 17.9 per cent to 102.8.

The quick estimates of India’s index of industrial production (IIP) with base 2011-12 stands at 141.6 for September this year.

The IIP for manufacturing for the month was 140.6.

The indices stand at 138.8 for primary goods, 111.6 for capital goods and 153.8 for intermediate goods for the month.

The indices for consumer durables and consumer non-durables stand at 125 and 142.6 respectively, an official release said.

The index for manufacturing of textiles grew by 3.7 per cent year on year (YoY) to 107.7 in the month, while the same for apparel manufacturing fell by 17.9 per cent to 102.8.

The index for leather and related products manufacturing was 92.3 in the month, the same as it was in September last year.

In the first half of fiscal 2023-24 (FY24), the cumulative IIP for manufacturing of textiles dropped by 0.9 per cent YoY to 107.3, while the same for apparel manufacturing fell by 21.9 per cent YoY to 104.9. The figure for leather and related products manufacturing was 97.1 during the six-month period, the same as it was in the fiscal-ago period.

Fibre2Fashion News Desk (DS)

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