India's core infrastructure sector growth rises to 4.9% in November

Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.

India's core infrastructure sector growth rises to 4.9% in November

New Delhi: Infrastructure sector recorded a growth rate of 4.9 percent in November on the back of impressive performance by steel, electricity and coal products.

However, growth rate of crude oil and natural gas output fell considerably on year-on-year basis.

The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- was 0.6 percent in November 2015. It was 6.6 percent in October 2016.

The core sectors, which contribute 38 percent to the total industrial production, expanded by 4.9 percent in April-November compared to 2.5 percent growth in the similar period of last financial year.

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.