India’s key infrastructure sectors grow 6.3% in May: Rediff Moneynews

India’s eight major infrastructure sectors grew 6.3% in May, driven by coal, natural gas and electricity generation. Find out more about the performance of these sectors.

New Delhi, Jun 28 (PTI) Growth in eight key infrastructure sectors rose 6.3% in May on the back of a significant increase in coal, natural gas and electricity production, according to official data released on Friday.

Production across eight sectors rose 6.7 percent in April.

Growth in these major sectors – coal, crude oil, natural gas, refined products, fertilisers, steel, cement and electricity – was 5.2 per cent in May 2023.

Official data show that the production of fertilizers, crude oil and cement recorded negative dynamics in May.

During the April-May period of the current financial year, the production of these sectors increased by 6.5% compared to 4.9% in the same period of the previous financial year.

The eight main sectors account for 40.27 percent of the country’s Industrial Production Index (IIP).

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