Growth in Coal, natural gas, steel, rise in Oct; fertilizer, crude oil decline
- Country:
- India
The growth rate of eight infrastructure sectors slowed down to 4.8 per cent in October due to contraction in the production of crude oil, natural gas and fertiliser.
Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 per cent in October 2017.
Fertiliser production dropped sharply by 11.5 per cent, crude oil by 5 per cent and natural gas by 0.9 per cent in October over the year-ago month, according to the data released by the commerce and industry ministry on Friday.
The production of coal, cement and electricity, on the other hand, expanded in the month under review.
During April-October 2018-19, the eight sectors recorded a growth rate of 5.4 per cent against 3.5 per cent in the same period last year.
(With inputs from agencies.)
- READ MORE ON:
- Fuel
- Production
- Oil
- Petroleum
- Petroleum product
- Private company limited by shares
- Economic growth
- Population growth
- Annual growth rate
- natural gas
- production of crude oil
- Fertiliser production
- crude oil decline
- infrastructure sectors of coal
- production of coal
- electricity
- fertilisers
- refinery products
- year
- Business News
ALSO READ
New World Bank program to expand electricity network through private sector participation in Ethiopia
Electricity towers blown up at Peru's Poderosa mine
Power Minister warns of debt trap for using borrowed money to provide free electricity
Govt asks all gas-based plants to be operational from May 1 to June 30 as electricity demand surges
"Electricity, water and bus ride subsidies to continue in Delhi," says L-G Saxena