Infrastructure growth in the country declined to 7.2
per cent in February against 9.1 per cent in the same
month the previous year pulled down by a d ecline in the
performance of cement and electricity sectors
The infrastructure index comprising six core industries
- steel, cement, coal, crude oil, refinery and electricity
- account for a quarter of the country's industrial production,
which represents a 25 per cent of Asia's fourth-largest
production registered a growth of just 5.8 per cent, a
steep decline from the 16.3 per cent growth in February
2006, while growth of electricity dipped to 3.3 per cent
from 9.1 per cent in February 2006, resulting in an overall
decline in the overall infrastructure index.
Index stood at 219.9 in February 2007 as against 205.2
in the same month of previous fiscal, according to figures
released by the government.
a cumulative basis, the core sector growth in the first
11 months of the current fiscal year stood at 8.3 per
cent as against 6.1 per cent in the same period a year
earlier, data released by the commerce ministry showed.
growth of cement production saw a decline also for the
11-month period at 9.5 per cent from 11.9 per cent in
generation grew 7.2 per cent for the 11-month period,
as against 5.3 per cent during the same period of 2 005-06.
six core sector industries had registered a year-on-year
growth of 8.7 per cent in January 2007, compared to a
growth of 8.2 per cent in January 2006.