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2 April 2018
 |
| The core sector (The Total Investment & Insurance Solutions) |
Eight
infrastructure sectors grew by 5.3 percent in February, mainly helped by a
robust performance of refinery products, fertiliser and cement segments.
The
eight infrastructure sectors -- coal, crude oil, natural gas, refinery
products, fertilisers, steel, cement and electricity -- had grew by just 0.6
percent in February 2017. The core sectors expanded by 6.1 percent in January.
Petroleum
refinery production spurted 7.8 percent in February against a negative growth
rate of 2.8 percent in the year-ago month, according to the official data
released today. The Total Investment
& Insurance Solutions
Fertiliser
and cement production rose by 5.3 percent and 22.9 percent, respectively,
during the month under review.
Electricity
generation too grew by 4 percent in February against 1.2 percent expansion in
February 2017.
Coal
and steel production growth slowed to 1.4 percent and 5 percent respectively
during February against 6.6 percent and 8.7 percent respectively in the same
month last year. The Total Investment
& Insurance Solutions
Cumulatively,
the eight core sectors grew by 4.3 percent in April-February 2017-18 against
4.7 percent in the same period last fiscal.
The core sector would
have an impact on the Index of Industrial Production (IIP) data as these eight
segments account for about 41 percent of the total factory output.The Total Investment & Insurance
Solutions
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