CITI’s Analysis of Quick Estimates of IIP for Textile and Clothing Sector(T&C)

Quick Estimates-Index of Industrial Production-Textiles & Clothing
Description

Weights

Index

Cumulative Index

 

Dec-22

 

Dec-23

%
Change

Apr – Dec22

Apr-Dec23

%
Change

General Index

100

145.9

151.5

3.8

135.9

144.2

6.1

Manufacture of textiles

3.2913

110.7

112.5

1.6

107.8

107.8

0.0

Manufacture of wearing apparel

1.3225

125.6

112.7

-10.3

128

103.6

-19.1

Source:Press Information Bureau

 

  • For the month of December 23, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 151.5 which is about 3.8% higher than
  • IIP for manufacture of textiles was up by 1.6 percent in December 23 as compared to December 22 and Wearing Apparel was down by (-)10.3 percent over the same period.
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