Rediffmail Money rediffGURUS BusinessEmail

Core sector grows 5.7% in H1

October 26, 2004 16:31 IST
Source: PTI

An impressive performance by the petroleum sector propelled infrastructure growth to 5.7 per cent during the first half of the current fiscal as against 5.4 per cent during the same period of last financial year.

However, a slump in the performance of the six major infrastructure industries last month was a matter of concern as it fell from 7.9 per cent in September 2003 to 5.9 per cent.

These industries had been maintaining a growth rate since July on a month-to-month basis.

Among the performance of various sectors, official figures show that the production of finished steel came down drastically to three per cent during the first six months as against 11.9 per cent during the first half of last fiscal.

However, crude petroleum output rose to 4.2 per cent during the first half of current fiscal as against -1.5 per cent during the same period of last fiscal.

Similarly petroleum refinery products output grew 7.4 per cent as against 6.1 per cent during the first half of 2003-04 financial year.

Cement sector growth came down marginally to 4.8 per cent during April-September 2004 as against 5.6 per cent during the comparable period of 2003.

While electricity sector grew by 7.8 per cent as against 3 per cent during the first half of last financial year, coal sector rose 6.6 per cent during the first six months of this year as against 4.1 per cent during April-September, 2003, official figures reveal.
Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

MORE FROM REDIFF

WEB STORIES

Lava Bold N4 Pro 5G Arrives September 26

OnePlus 13s 16 GB RAM Variant Arrives

World's Best 7 Airlines Of 2026

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS