You are here: Rediff Home » India » Business » Report
Search: The Web

Core sector growth dips to 1.4% in Jan
 · My Portfolio  · Live market report  · MF Selector  · Broker tips
Get Business updates:What's this?
March 06, 2009 12:57 IST

Growth in India's six infrastructure industries slowed to 1.4 per cent in January as production in the core sectors barring cement showed poor performance.

The six core infrastructure industries -- crude oil, petroleum refinery products, coal, electricity, cement and finished carbon steel-- had registered a growth rate of 3.6 per cent in January 2008.

During the April-January period of this fiscal, the industries posted a growth rate of 3.2 per cent against 5.7 per cent in the corresponding period previous year.

Displaying poor performance, crude oil production declined further to 8.1 per cent in January after a dip of 0.2 per cent in the corresponding month last year. Petroleum refinery production too declined by 2.6 per cent against a growth rate of 5.4 per cent in the year-ago period.

Coal output and electricity generation registered growth rates of 6.3 per cent and 1.4 per cent in January against 7.9 per cent and 3.7 per cent, respectively, in the same month previous year.

Finished steel production registered a growth of 1.2 per cent in January against 2 per cent last year, while cement production grew by 8.3 per cent compared to 5.6 per cent in January 2008.

© Copyright 2009 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
   Discuss   |      Share with friends   |      Print   |   Ask a question  Ask a question   |  Get latest news on your desktop  Get latest news on your desktop

© 2009 India Limited. All Rights Reserved. Disclaimer | Feedback