SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. IIP contacts in April; Govt says data not comparable

IIP contacts in April; Govt says data not comparable

13 Jun 2020 Evaluate

The government held back the release of complete data of index of industrial production (IIP) for April, saying it is not appropriate to compare the IIP data with earlier months due to COVID-19 lockdown. National Statistical Office under the Ministry Of Statistics and Programme Implementation in its data has showed that the IIP -- which measures factory output in the country -- stood at 56.3 points in April, 2020 over 126 points in the same month a year ago.

In view of the preventive measures and announcement of nationwide lockdown by the government to contain spread of COVID-19 pandemic, majority of the industrial sector establishments were not operating from the end of March, 2020 onwards. This has had an impact on the items being produced by the establishments during the month of April, 2020, where a number of responding units have reported NIL production. Consequently, it is not appropriate to compare the IIP of April, 2020 with earlier months and users may like to observe the changes in IIP in the following months. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.

For April 2020, the Quick Estimates of IIP with base 2011-12 stand at 56.3. The indices of Industrial Production for mining, manufacturing and electricity sectors for April stood at 78.3, 45.1 and 126.1, respectively. As per use-based classification, the indices stood at 92.3 for primary goods, 7.7 for capital goods, 42.0 for intermediate goods and 21.7 for infrastructure/ construction goods for April. Further, the indices for consumer durables and consumer non-durables were at 5.5 and 89.4, respectively. It is reiterated that, in the circumstances, the IIP for April, 2020 ought not to be compared with that of earlier months.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×