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June infrastructure growth slows to 0.01 percent

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Reuters NEW DELHI

NEW DELHI (Reuters) - The infrastructure sector output growth slowed to 0.1 percent year-on-year in June from 2.3 percent the previous month, government data showed on Wednesday, reflecting continued slowdown in the economy.

The infrastructure sector - coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers - accounts for 37.9 percent of India's industrial output, which expanded just 1 percent during the last fiscal year.

In the fiscal year that ended in March, infrastructure grew 3.2 percent compared with 5 percent in the previous year.

(Reporting by Anurag Kotoky and Manoj Kumar; Editing by Sanjeev Miglani)

 

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First Published: Jul 31 2013 | 5:29 PM IST

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