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IIP contracts 16.6% in June despite resumption of industrial activity
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IIP contracts 16.6% in June despite resumption of industrial activity

IIP contracts 16.6% in June despite resumption of industrial activity
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Many industrial establishments had not operated since March-end due to the nationwide lockdown and other COVID-19 preventive measures taken by the government. This had an overall impact on the items produced during the lockdown period. However, conditional relaxations in industrial activity led to some pick-up, resulting in slowing of contraction to 16% Y-o-Y compared to April and May. The index for June stands at 107.8 compared to 53.6 and 89.5 for April and May, respectively.

Story: Manoj Sharma
Design: Mohsin Shaikh
IIP contracts 16.6% in June despite resumption of industrial activity
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For June 2020, the quick estimates of IIP with the base year 2011-12 stands at 107.8, a 17 per cent decline on a yearly basis. It declined 36 per cent in the April-June 2020 from the year-ago same period.
IIP contracts 16.6% in June despite resumption of industrial activity
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Mining & quarrying activity recorded a 19.8 per cent Y-o-Y fall in June. The IIP for mining for June stands at 85.4.
IIP contracts 16.6% in June despite resumption of industrial activity
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Manufacturing index nosedived 17.1 per cent Y-o-Y from 129 in June 2019 to 106.9 in June 2020. Total 21 out of 23 industry groups in the sector recorded a fall in production. Manufacturing of pharmaceuticals, medicinal chemical and botanical products, however, recorded 34.6 per cent Y-o-Y growth.
IIP contracts 16.6% in June despite resumption of industrial activity
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Electricity generation declined by 10 per cent in June. IIP for electricity in June 2020 stands at 106.9.
IIP contracts 16.6% in June despite resumption of industrial activity
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As a peruse-based classification, primary goods recorded 14.6 per cent Y-o-Y fall in June.
IIP contracts 16.6% in June despite resumption of industrial activity
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As a per use-based classification, primary goods, intermediate goods, infrastructure/construction goods, capital goods and consumer goods recorded 21.3 per cent Y-o-Y fall in June, primarily due to a haul in construction activities.
IIP contracts 16.6% in June despite resumption of industrial activity
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Output of capital goods and consumer durables fell 36.9 per cent and 35.5 per cent, respectively, in June. The indices for consumer durables and consumer non-durables for the month stood at 77.4 and 157.3, respectively.