Infra sector growth jumps to 6-month high of 6.6% in Oct – Feedback

Infrastructure sector recorded a growth rate of 6.6% in October — the highest in last six months — on the back of impressive performance by steel and refinery products.

However, the growth rate of power generation, fertiliser production and cement output fell considerably on year-on-year (Y-O-Y) basis. Coal production continued to fall for the third straight month. The growth rate of eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — was 3.8% in October 2015. It was 5% in September 2016. The core sectors, which contribute 38% to the total industrial production, expanded by 4.9% in April-October compared to 2.8% growth in the similar period of previous financial year.

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