Production of eight infrastructure sectors recorded an almost flat growth fee of 6 per cent in February as in opposition to 5.9 per cent in the identical month final yr, in accordance with official information launched on Friday.
Photograph: Mukesh Gupta/Reuters
The growth in February is lowest in the final three months.
The output of core sectors had elevated by 8.9 per cent in January 2023 and seven per cent in December 2022.
It was 5.7 per cent in November 2022.
Barring crude oil, all of the segments posted a rise in manufacturing.
Crude oil output contracted by 4.9 per cent in February.
The growth fee of eight infrastructure sectors — coal, crude oil, pure fuel, refinery merchandise, fertilisers, metal, cement and electrical energy — stood at 7.8 per cent in April-February this fiscal as in opposition to 11.1 per cent throughout the identical interval final fiscal.
Core sector or key infrastructure industries, which have a 40.27 per cent weight in the general index of business manufacturing (IIP), would have a bearing on industrial manufacturing information for the month.
The ministry mentioned that the manufacturing of fertilizers, coal, electrical energy, cement, metal, refinery merchandise and pure fuel elevated in February 2023 over the corresponding month of final yr.
Coal manufacturing elevated by 8.5 per cent in February.
(*8*) output too rose by 22.2 per cent.
However, growth fee in the output of pure fuel and refinery merchandise have slowed down in the month beneath evaluation.
