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April 3, 2008

India's infrastructure industries log 8.7 percent growth

New Delhi, April 3 (IANS) Six main infrastructure industries in India, including crude oil, power generation and coal production, registered a 8.7 percent growth in February against 7.6 percent in the same month last fiscal. The growth, however, was lower at 5.6 percent during the first 11 months of this fiscal, compared to 8.7 percent during the corresponding 11 months of the last fiscal, data released by the commerce and industry minister showed Thursday.

Among the six sectors, crude oil output expanded by just 0.4 percent during the 11 months, as against 5.8 percent for the corresponding period of the previous fiscal. Similarly, the output of finished steel also grew at a lower rate of 5 percent, as against 11.3 percent in the previous fiscal.

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Posted by dcjaya at April 3, 2008 9:19 PM