NEW DELHI, March 20 -- Production growth in eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February due to a contraction in the output of crude oil, natural gas, and refinery products.
According to the government data, these eight sectors expanded by 3.4 per cent in the same month last year. The growth rate in production of fertiliser, cement and electricity declined to 3.4 per cent, 9.3 per cent and 0.5 per cent, respectively, in February this year.
However, coal and steel production recorded healthy growth.
During April-February, the cumulative production growth in the infrastructure sector was 2.9 per cent compared to 4.4 per cent in the same period of the last financial year.
Commenting on the data,...