India's Key Infrastructure Sectors Grow 5.2% in March
By Rediff Money Desk, NEWDELHI 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.
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).
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).
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.66 (+ 4.76)
- 32896927
- Vodafone Idea L
- 8.45 (+ 4.06)
- 28557277
- Standard Capital
- 1.14 (+ 0.88)
- 17361276
- Alstone Textiles
- 0.83 (+ 5.06)
- 14796552
- AvanceTechnologies
- 0.89 (+ 4.71)
- 10049569
MORE NEWS
Hero MotoCorp Sales Surge 18% in October
Hero MotoCorp's sales rose by 18% in October, reaching 6.8 lakh units. Strong demand...
Gold, Silver Jewelry Export Norms Revised:...
The Indian government has revised norms for gold, silver, and platinum jewelry exports,...
Sensex, Nifty Rise in Muhurat Session: Samvat...
Indian benchmark indices Sensex and Nifty surged in the Muhurat trading session on...