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This Article is From Apr 30, 2024

Key Infrastructure Sectors' Growth Slows To 5.2% In March

Key Infrastructure Sectors' Growth Slows To 5.2% In March
(Source: CHUTTERSNAP/ Unsplash)
STOCKS IN THIS STORY
Nifty500 Multicap Infrastructure 50:30:20
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Nifty MidSmall India Consumption
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The growth of eight key infrastructure sectors rose to 5.2% in March, according to official data released on Tuesday. However, the growth rate is lower than in February this year. It was 7.1% in the preceding month.

The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.2% in March 2023.

Cumulatively also, the growth rate in the output of these sectors slowed to 7.5% in April-March 2023-24 against 7.8% in the year-ago period.

The eight core sectors contribute 40.27% to the country's Index of Industrial Production.

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