India - Annual Survey of Industries Summary 1987-88

MATERIALS CONSUMED represents the total delivered value of all items of raw materials, components, chemicals, packing materials and stores which actually enter into the production process of the factory during the accounting year. It also includes the cost of all materials used for the construction of building etc. for the factory's own use .It, however, excludes all intermediate products consumed during the accounting year. Intermediate products are those products, which are produced by the factory but are subject to further manufacturing.