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Infrastructure growth slows to 9.6% in March

Infrastructure growth slows to 9.6% in March
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First Published: Thu, May 15 2008. 01 49 PM IST
Updated: Thu, May 15 2008. 01 49 PM IST
PTI
New Delhi: India’s core infrastructure industries grew by 9.6% in March 2008, as against 10.5% in the same period previous year. However, the decline in growth was much less than the overall industry.
During fiscal 2007-08, growth in the six core infrastructure industries slowed down to 5.6% from 9.2% in the previous year.
Barring cement and finished steel production, the other industries - crude oil, petroleum refinery products, coal and electricity - registered a decline in growth in March 2008.
Sluggish performance of the manufacturing sector pulled down growth in overall industrial production to a six-year low of 3% in March this year from 14.8% in the year-ago period.
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First Published: Thu, May 15 2008. 01 49 PM IST