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- Key infra sectors grow 5.2% in June
Key infra sectors grow 5.2% in June
The eight key infrastructure sectors grew by 5.2 percent in June, a tad lower than 5.3 percent growth in the previous month, on the back of contraction in the output of three industries coal, natural gas and fertilisers.The output of infrastructure industries had grown at the rate of 4.4 percent in June last year.The growth numbers of the eight industries coal, crude oil, natural gas, petroleum refinery products, fertilisers, finished steel, cement and electricity could have a dampening effect on the industrial expansion figure for June. All these industries account for 38 per cent in the overall index of industrial production.For the first quarter of this financial year, these industries grew by 5 per cent against 6.8 percent in the same period a year ago.