India - Review of trends in manufacturing industry (Vol. 2 of 3) : Assessment of major industrial statistics

RESTRICTED Report No. SA-9a Thi reporwas;prepare'd'or use.wihin the Bank and its oft ated organizat Ionsv -1-. HIl lFul I fz Fl: uI: IU Ia [sIIl IIl rJll ull I1 filil lu ulu I&-lul Theyd-o not occept responsibility for its accuracy or completeness. The report may nor ue pubisieu niur riiuy it be quuued ua represrenting trieir views. INTERNATIONAL BANK FOR R:ECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION INDIA - A REVIEW OF T P1NDT TN 1MANT\TACTTTRTNGrT TNTTTTTTy ANNEX TO VOLUME I STATISTICAL TABLES April i, 1970 South Asia Department  1 Indian Rupee U.O. $0.13 1 U. S. Dollar Rs. 7.5 1 Lakh = 100 thousand 1 Crore = 10 million The Indian financial year runs from April 1 through March 31.  LIST OF TABLES .Table No. A. OUTPUT - Grouith of National Product, by Sector in Constant Prices, 1961/62 to 1967/68 . . 1 - Contribution of Manufacturing to the National Product, 1950/51 to 1968/69 . . . 2 - The Changing Structure of Indian Industry, 1951 to 1967 . . . . . . 3 - Annual Index of Industrial Production, 1951 to 1961 (1956 weights) . . . 4 - Annual Index of Industrial Production, 1956 to 1968 (1960 weights) . 5 . - Share of Public Sector in Industrial Output . 6 - Per Capita -Value .Added-in Manufacturing by. States 1960 and 1966 . . . . . 7 - Percentage Shares of States in Manufacturing Employment, Output & Value Added, 1959 and 1966 . . . . . . . 8 - Distribution of Labor in Manufacturing Industries by State and by Industry - 1963 . . . 9 - Share of Government Purchases, Exports and Imports on Net Output of Industrial Branches in India (1963) - % . . . . , 10 - 14umber of Industrial Licenses Issued 1956 - 1966 . . . . . 11 B. IVEST1EMENT AMD CAPACITY (Note on Investment Estimates) - Yearly Plan Outl ays; Q9q0/ql to 1968/69. 12 - Estimates of Gross Investment in Public and Private Mannfactfiiring Tndi,strvv 195o/51 to 1967/68 . . . . . 13 - Annual Piulic. Seotor Tnvo.tmnnt in M,lanufacturing, Industry, Mining, and Transport 196n/61 tn 1967/6 .. 1L - Cumulative Investment by Type of Asset in Public Sector Enterprises, 1960/61 to 1968R .1 - Annual Investment by Type of Asset in Public Sector Enterprises, 1960/61 to 1967/68 . 16 - Cumula.tive Expenditure on Capital Stock of Publ&.ic.A.. E ~ ~ ~ ~.'.960 to 196 . . . -   -2- Table No. B. IFlVEESTMENT AND CAPACITY - cont;d - Expenditure on Capital Stock of Public Sector Enterprises, 1960/61. to 1967/68 . 18 - Total Government Investment in Public Sector Enterprises (Cumulative - By Branch of Industry), 1961 to 1968 . . . . 19 - Total Investment in Public Sector Industry by Branch of Industry, 1961/62 to 1967/68 . 20 - Government Investment in Principal Concerns (Cumulative) 1961 to 1968 . . . . 21 - Government Investments in Pri.ncipal Concerns each Year, 1961/62 to 1967/68 . . . 22 -- Total Government Investment in Public Sector Enterprises (Cumulative) - by Type of Asset, 1961 to 1968 . . . . . 23 -. Annual Government Investment in Public Sector Enterprises by Type of Asset, 1961/62 to 1967/68 . . . .24 - Annual Investment by Operating Government Companies, 1960/61 to 1966/67 . . .25 - Indices of Underutilization of Capacity by Industry Group (1955-64) . . . . . 26 -. Estimated Unutilized Canacit' in Broad Groups of In.dustries During 1967-68 . . . 27 -. Distribution of Product-Factories Accordin-f to the Reasons for Unutilizec Ca;acity During 1967-68 . . . . . 28 - Assessment of Impact of Import Liberalization on Canacitv UT1izatJ,a.. 29 CL TN,TjqTqTAT. FTNAM71C - Soirrcs and Uses of Fiinds - Medinm and Large Public and Private Limited Companies . 30 - Suir--es of Vinranp.e nf' Pro-trn Gtf Companies which Issued Capital through Prospectuses during 196667 . . . 31 -.Sources of Funds of Industrial Finance Go.mY_nis duir.g+he T. DIrd an- and 1967/68 . .. 32 =Assi+rc yD-lStFen qanc-e Co .................-. ais.3 - India: DFC Loans Sanctioned and Disbursed Chart I T- Indices of Secruity Prices Al-l Tndia 1957/58 to 1969 . . . . . . 34 ~ V t~4 %J1. 4J~J U D-L -- LJ L- J. - Consents R1ece-iveCd an-L C,apit '~. Raised. b Ly r.onI- Government Companies . . . . .35 - Capital Issued through Prospectuses by n,on- Government, non-Financial, Public Limited Cor,-.panies. . . . . . . .   -3- Table No. C. IxTATMTOTOTAT T\NAT A 'T- con4 A - Share 0;,Lfe,-ing and Subscr,po, 1961/62 to 1967/68 . . . 37 - Underwriting of Capital Issues . . . 38 Du PErODv>NC Ai-D EFFICIENCY SAT STICS - Private Sector - Profitability Ratios . 39 - Private Sector Profitability Ratios by Size of Company - 1964/65 and 1965/66 . . 40 - Net Profits and Losses of Major Public Sector Enterprises 1964/65 to 1967/68 . 41 - Public Sector Industry - Profitability Ratios . 42 - Internation Price Comparisons . . . 43 - Economic Situation of 73 Largest Manufacturing Enterprises in India, Classified by Main Branches of Activity (1965/66) . . .44 - Business Behaviour of Largest Enterprises (compared to other Enterprises) . . 45 - Concentration Ratios and Related Efficiency Co- efficients of Indian Industry, 1965/66 . 46 - International Comparison Between Largest Indian and I3on-Indian Industrial Enterprises (1966) . . . . . 47 - Economy of Scale in Indian Industry . . 48 - Benefits from Using Capital Intensive Techniques (1965/66) . . . . . 49 - Gains or Losses due to Differential Capital and Labor Costs in Indian and Foreign Enterprises, 1966 * . . . . . 50 -. Economic and Technical Profiles of Indian Industrial Enterprises (various Sizes and Branches) Compared to Profiles of Industrial Enterprises in Other Countries . . . 51 -- Basic Ratios of Indian Industry - Change over Time . . . . . . . 52 Some Structural Relationshimcin Indian Industry - 1959-65 . . . . . 53 E. IMPORTS AND IMPORT SUBSTITUTIONT Classification of Indian Imports by MIain Grouns 54 -- Classification of Imports, by Production Categories 55 Dependence of the Indian Market for I.nnufacturing Goods on i.m.orts of .Fini'shed Products (in value terms) . . 56   -h - Table No. E. I:MPORTS AND IMPORT SUBSTITUTION - cont'd Dependeince of the Indian Market for Manuf'actured Goods on Imports of Finished Products (in %) . . . . .57 -- Behaviour of Imports under the Recession (Change in %) . . . . . . .58 F. MISCELLANEOUS Concentration of Ownership in Indian Industry .59 -- Spread of Activity of Largest Indian Multifirm Holdings (Houses) . . . 60 -- Productwise Concentration of Industrial Licenses - Selected States . . . . 61 . Share of Various Licensee Categories of Priva.te Corporate Sector in Paid-up Capit al (lQ58-l959) Pronosed Investment on Machinery, and Value of Import of Canital ,nnods (1 ) . 62 - Percentage Share of Various Licensee Glategor;es of Private Coporate Sector in IJumber of Licenses, Rejections and Forei.gn Collaborations . . , . , 63 -- Targets and Achievements of Capacity and Production in Selected Industries . . .6 -- Plan Output Targ_ts ancd Achievements in ia jor Inustres. . . . . .   TABLE' 1 ANNUAL GROWTH OF N ATIONAL PROIUCT, BY SECTOR, IN CONSTANT PRICES 1961/62 to 1567/68 (percent) 1960/61 to 1967/68 (% 1961/62 1962e/63 1963/614 1964/65 1965/66 1966/67 I167/68 per annm) Agriculture 1.1. -2..5 3.0 8.9 -14.9 0.1 :18.4 2.3 Large-scale Manufacturing 11.1 13.2 8.8 9.5 1.5 0.7 -1.1 6.1 Small-scale Manufacturing 8.1 4.5 7.0 6.2 - 1,.8 1.4 4.6 4.3 Total 9 -5* 8XT 2 * 3 Mining 5.2 14.,9 10.8 *-4.9 13.3 5.0 1.3 6.3 Construction 1.7 5.,9 9.9 3.1 2.1 -3.3 -4.2 2.1 Transport, Communication & Commerce 6.6 6.10 i7.2 6.2 1.8 2.7 3.4 4.8 Utilitieis and other servIces 5.3 6.3 7.0 5.1 3.8 2.8 3.8 4.9 TOTAL GDiP 4.0 2,.6 5.7 7.3 -5.1 1.1 8.5 3.4 Source: "Estima,tes of National Prociuct 1960/61 to 1967/68,"t c0..0.,, New DeLhi, March 1969.  TABLE 2 CONTRIBUTION OF MAINUFAC'[ RINI' TO THE NATICNAL ]RODUCT, 1950/' 1 to 1968/69 (Percentages of' GDP, Current Prices) 1550o/51 1955/56 1960/61 1961/62 1962/63 1963/64 1964/65 1965/66 1966/67 1967/68 1968/69 Agriculture, Forestry & Fishing 53.0 51.0 49.7 418.5 146.5 47.1 49.0 46.1 47.7 51.6 50.2 Large-scale Manufacturing 6.0 7.2 8.4 8.8 9.4 9.5 9.1 9.6 9.2 8.0 Cmall-sca2le Manufacturing 7.0 6.8 5.7 5.9 6.1 6.1 5.7 5.7 5.3 5.0 ._ Total Manufacturing 14 14.0 14. 7 W7 : Wv 5 -W7 Tv Ti Mining 0.7 0.9 1.1 1.1 1.2 1.2 1.0 1.1 1.1 1.0 1.1 Construction 2.4 3.0 4.5 4.5 4.6 4.5 4.4 4.8 4.4 4.2 4.3 Transport, Connunication & Commerce 16.0 15.0 14.4 1'4.7 :L5.1 14.8 14.8 15.5 15.5 1L4.9 15.0 lltilities & Other Services 14.9 16.1 16.2 16.5 1L7.1 16.8 16.0 17.2 16.8 15.3 115.9 Total GDP 100.0 100.0 100.0 100.0 100.0 1(0.0 100.0 lCO.0 100.0 100.0 100.0 S'ource: 1960/61 to 1967/68 data are taken from "Estimales of National. Prcduct, 1960/61 to 1967/68," CSO, March, 1969. 1968/69 are rough estimates. 1950/51 and 1955/56 are recalculated from the "conventional" and the "revised" series, respectivelr, using the methodology of the 1960/61 - 1967'/68 estimates.  T+^AIf 3 THE CHANGING STRUCTURE OF INDIAN INDUSTRY (% of value added each year) 1951 to 1967 I t a,Sufac I CtL L UL n g 7'7 1VU4 _ _U 196 Textiles 53.00 47.00 31.90 26.60 23.70 Food, Beverages & Tobacco 1..70 I7.hO 16.90 12.90 12.00 Wood, Paper & Leather Products 3.20 2.h0 h.10 6.40 8sC0 Rubber Products 3.70 3.40 2.60 2.00 2.30J Chemicals 4.60 4.O0 8.60 9.00 1010 Non-metal:iic MVinerals 3.70 2.0U 4-.0 4.U