Published 19:27 IST, April 30th 2024

Growth of key infrastructure sectors reaches 5.2% in March

Despite this improvement, the growth rate witnessed a decline compared to February, where it stood at 7.1 per cent.

Reported by: Business Desk
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IRB Infrastructure | Image: IRB Infrastructure
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Growth of eight key infrastructure sectors in March surged to 5.2 per cent, official data released on Tuesday showed, marking a notable uptick in performance.

Despite this improvement, growth rate witnessed a decline compared to February, where it stood at 7.1 per cent.

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sectors comprising coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity collectively recorded a growth rate of 4.2 per cent in March 2023.

Over course of April-March 2023-24, cumulative growth rate in output of se sectors moderated to 7.5 per cent from 7.8 per cent in corresponding period of previous year.

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se eight core sectors play a significant role, contributing 40.27 per cent to country's Index of Industrial Production (IIP).

(With PTI inputs)
 

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19:27 IST, April 30th 2024