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India News | Growth in key infrastructure sectors rose to 6.2% in April


New Delhi, May 31 (PTI) Growth in eight key infrastructure sectors rose to 6.2% in April on the back of a significant increase in production of natural gas, refined products and electricity, according to official data released on Friday.

Production in eight sectors increased by 6% in March.

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Growth in these key sectors – coal, oil, natural gas, refined products, fertilizers, steel, cement and electricity – was 4.6% in April 2023.

Official data showed that fertilizer production recorded negative dynamics in April.

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The dynamics of coal, steel and cement production slowed down to 7.5%, 7.1%, respectively. and 0.6 percent compared to 9.1% and 16.6% respectively. and 12.4 percent in April 2023.

Eight major sectors contribute 40.27% to the country’s Index of Industrial Production (IIP).

(This is an unedited and auto-generated story from a Syndicated News channel, LatestLY staff may not have modified or edited the content)