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. Read More
Latest posts by zeebiz (see all)
- Good news! Indian Railways to empower TTEs; here is how you benefit; Patna Rajdhani to kick-off service - December 15, 2018
- Big relief to small and medium businesses: Indian Railways offers 25% discount on container haulage - December 14, 2018
- Soon, reach Sardar Patel ‘Statue of Unity’ in an Indian Railways’ train; Details here - December 14, 2018