Core infrastructure industries output up 3.9% in July
Moneylife Digital Team 27 August 2010

New Delhi: Output of core infrastructure industries expanded by 3.9% in July, as compared to 3.2% in the same month last year, reports PTI quoting data released by the government.

The six core industries - crude oil, petroleum refinery products, coal, electricity, cement and finished steel - registered a 4.5% growth during the first four months of this fiscal as against 4% in April-July, 2009-10, data released by the commerce and industry ministry said.

These six segments account for 26.68% of the country's total industrial output.

While crude oil and petroleum refinery output witnessed high growth in July, production of cement and finished steel dipped, the data showed. Crude oil production grew by 15.8% in July, while refinery output expanded by 13.7%.

However, cement production contracted by 0.2% and finished steel output by 0.9% year-on-year.

Coal output slowed to 4.5% against a robust growth of 10.5% in July, 2009. Electricity generation grew by 3.8% in July, 2010, the same rate as the corresponding month of the previous year.

The growth of the core infrastructure sector has been revised upwards to 3.6% for June from the earlier provisional estimate of 3.4%.

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