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Infrastructure industries growth at 5.9 pc in Dec

Our Bureau

New Delhi , Jan. 21

THE country's six core infrastructure industries have registered a growth of 5.9 per cent in December 2003, as against 4.4 per cent in the corresponding period last year.

As per the latest official data, the impetus for this growth has come from petroleum refinery products, which grew at 9.3 per cent and finished steel which grew by 7.5 per cent.

Coal registered a growth of 6.1 per cent, cement (5.6 per cent) and electricity (4.8 per cent), while crude petroleum grew by 3.1 per cent during the month.

For the nine-month period (April-December 2003), the sectors registered moderate 4.5 per cent growth. This is decline over the 6.0 per cent growth in April-December 2002.

Steel and cement, recorded a production increase of 7 per cent and 5.6 per cent during the nine-month period, over and above the corresponding year-on-year increases of 10.3 per cent and 9.7 per cent, respectively.

A similar buoyancy has been observed for refined petro-production, with growth at 7.2 per cent, being higher than the 3.6 per cent level for last year.

There has been a slowdown for this period, however, in the case of crude petroleum, coal and electricity generation .

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