Business Standard

Key infrastructure sector growth rises to 8% in July 2023: Govt data

However, the core sector growth was lower in July compared to the previous month when it was 8.3 per cent, the Commerce and Industry Ministry data showed

infrastructure, infra, real estate

Photo: Bloomberg

Press Trust of India New Delhi

Listen to This Article

Growth of eight key infrastructure sectors rose to 8 per cent in July 2023 compared to 4.8 per cent in the same month last year on expansion in production of coal, crude oil, and natural gas, according to the official data released on Thursday.

Production of steel, cement and electricity also grew in July, the data showed.

Click here to connect with us on WhatsApp

However, the core sector growth was lower in July compared to the previous month when it was 8.3 per cent, the Commerce and Industry Ministry data showed.

The output growth of the eight sectors was also lower at 6.4 per cent in April-July 2023-24 against 11.5 per cent in the year-ago period.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 31 2023 | 5:16 PM IST

Explore News