Key infrastructure industries rose by 3.5 per cent in October on better performance by petroleum refinery products, electricity and finished steel. The six infrastructure industries, which account for a quarter of the nation’s industrial production, registered 2 per cent growth in October 2008.
Petroleum refinery products grew by 7.2 per cent in October as compared to 5 per cent in the same month last year, according to data released by the Central Government here on Friday.
In the case of electricity and finished steel (carbon), the growth was 4.7 per cent and 1.1 per cent, respectively. The index for the six key industries rose to 254.8 in October from 246.3 a year earlier, the data revealed.
During April-October this year, the six infrastructure sectors rose by 4.7 per cent, better than 3.3 per cent recorded in the year-ago period. Except for crude oil, which posted a negative growth of 2.2 per cent, all other key industries posted positive growth.
Cement grew by 5.3 per cent against 6.2 per cent in the same period last year. Among other components of the six key industries, coal output stood at 5 per cent in the reviewed period.