India's Key Infrastructure Sectors Grow 5.2% in March
Apr 30, 2024 18:28
India's eight key infrastructure sectors, including coal, crude oil, and electricity, grew by 5.2% in March, according to official data. This is lower than the 7.1% growth in February but higher than the 4.2% growth in March 2023.
Photograph: Amit Dave/Reuters
New Delhi, Apr 30 (PTI) The growth of eight key infrastructure sectors rose to 5.2 per cent in March, according to official data released on Tuesday.
However, the growth rate is lower than in February this year. It was 7.1 per cent in the preceding month.
The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2 per cent in March 2023.
Cumulatively also, the growth rate in the output of these sectors slowed to 7.5 per cent in April-March 2023-24 against 7.8 per cent in the year-ago period.
The eight core sectors contribute 40.27 per cent to the country's Index of Industrial Production (IIP).
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