India's Key Infrastructure Growth Slows to 3.8% in Dec 2023

Jan 31, 2024 17:31

India's eight core infrastructure sectors witnessed a slowdown in growth, reaching 3.8% in December 2023, compared to 8.3% in the same period last year.

Photograph: Richard Carson/Reuters

New Delhi, Jan 31 (PTI) The growth of eight key infrastructure sectors slowed to 3.8 per cent in December 2023 against 8.3 per cent in the year-ago period, according to the official data released on Wednesday.

The core sector (coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity) growth in November was 7.9 per cent.

It was 8.3 per cent in December 2022.

The growth of eight sectors was flat at 8.1 per cent year-on-year in the April-December 2023-24.

MORE NEWS

Indian Winter Travel: Goa, Kerala Top Destinations

55% of Indians plan winter trips! Goa & Kerala are top choices. Discover travel trends,...

Bullion Rates Today: Gold & Silver Prices

Check the closing bullion rates for today. Find the latest gold prices (22Kt & 24Kt)...

TN Economic Growth Boosted by Infra Projects

Minister Thangam Thennarasu credits infrastructure projects for Tamil Nadu''s...

I-T Dept Sends SMS for Bogus Donation Claims

Income Tax dept sends SMS/emails regarding wrongful deduction claims for political...

Himachal Orchardist Duped: Police Issues Advisory

Himachal orchardist loses Rs 36 lakhs to online trading fraud. Police issue advisory on...

Shivganga Drillers IPO: Files Papers with Sebi

Shivganga Drillers files papers with Sebi for Rs 400-cr IPO. Funds to be used for plant...

Markets Closed in Bengaluru, Mangaluru Today

Bengaluru, Mangaluru markets closed today due to government holiday. Areca, coconut,...

India-Mexico Trade: Tariff Hike Concerns

India engages with Mexico over unilateral tariff hikes. Exploring solutions, FTA talks,...

TVS Tech Centre Opens in Assam

TVS Credit tech centre inaugurated in Assam by CM Sarma. Centre to train youth in AI,...

Shiprocket Files IPO Papers; Eyes ₹2,342 Cr...

Shiprocket files updated IPO papers with Sebi, aiming to raise ₹2,342 cr via public...

India's Key Infrastructure Growth Slows to 3.8% in Dec 2023

You May Like To Read

MORE NEWS