Financial Daily from THE HINDU group of publications
Thursday, Dec 23, 2004

Cross Currency

Group Sites

Industry & Economy - Infrastructure

Infrastructure growth dips to 5% in Nov

Our Bureau

New Delhi , Dec. 22

THE official six-industry infrastructure index has registered a 5.8 per cent year-on-year growth during April-November this year, against 5.4 per cent during the corresponding eight-month period of 2003.

The higher growth has been mainly led by the energy sector, with growth rates during April-November being 3.3 per cent in crude petroleum (against minus 0.9 per cent during April-November 2003), 7.2 per cent in coal (3.1 per cent) and 6.8 per cent in electricity (3.2 per cent).

Only in the case of refined petro-products has growth been lower at 6.3 per cent (6.9 per cent). Output of finished steel has also increased by only 4.4 per cent year-on-year during April-November 2004, compared with last year's corresponding figure of 11.9 per cent, even as the growth rate for cement has been higher at 6.7 per cent (5.6 per cent).

During the latest recorded month of November, the overall index grew year-on-year by 5 per cent, against 6 per cent in the same month last year.

The growth rates in November 2004 were higher for coal at 7.1 per cent (2.2 per cent), cement 11.4 per cent (4.6 per cent) and crude petroleum 0.9 per cent (minus 1.1 per cent), while being lower for electricity 4 per cent (4.8 per cent), refined petro-products 0.9 per cent (20 per cent) and steel 6.4 per cent (8.1 per cent).

More Stories on : Infrastructure | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
ISMA flays oil firms for slow progress in `gasohol' programme

Karnataka: Plea to lift ban on online lottery
`Nitraa' furniture finds demand from star hotels
Assocham wants CST phased out
FICCI outlines measures to boost GDP growth
EEPC for full-blown VAT as alternative to DEPB scheme — Seeks broad-based drawback in interim
`Future of multilateral trading may hinge on national sovereignty'
Infrastructure growth dips to 5% in Nov
Bidding for projects in other countries — Malaysian PM keen on tie-up with India
New kerosene sharing formula for oil PSUs
IOC-IBP merger swap ratio at 125:100
Reliance spat: KPC gas supply bids face uncertainty
ADB approves $400-m loan to upgrade power transmission grid
VAT implementation on track: Finance Minister
SOPA seeks cut in M.P. mandi tax
CCEA clears 20 lakh cotton bales for export
Mills call for cut in customs duty on synthetic yarn
Kerala: Water levels decline
Singareni Day
Mangalore cashew body to expand horizon
Cabinet nod for spacecraft project
Vizianagaram to get ceramic park
Win-Medicare unveils emergency contraceptive pills
Capart to speed up funding in Kerala
AEPZ for medicinal plants at Tuticorin
Govt initiates steps to improve tourism sector
HLL seeks States' help to tackle counterfeiting

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line