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Key infra sectors' growth slows down to 2 pc in September

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NewsDrum Desk
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New Delhi, Oct 30 (PTI) The growth in production of eight key infrastructure sectors slowed down to 2 per cent in September as against 9.5 per cent in the same month last year, according to official data released on Wednesday.

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However, the output growth is positive against a contraction of 1.6 per cent in August.

Out of the eight key sectors, three -- crude oil, natural gas and electricity -- recorded negative growth in September.

The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2 per cent during April-September this fiscal. It was 8.2 per cent in the same period last fiscal.

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The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth. PTI RR HVA

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