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.
According to the official data released on Wednesday, steel
production jumped 16.9% in October against contraction of 5.5% in the year-ago period.
The output of refinery products
soared by 15.1% in October. The sector had declined by 4.4% in October last year.
Growth in fertiliser and electricity generation was at 0.8% and 2.8%, respectively, in October 2016, against 16.8% and 13.8%, respectively in October 2015.
production declined by 1.6% in October as against a growth of 6.6% in the year-ago period.
Natural gas and crude oil
output during October fell by 1.4% and 3.2%, respectively.