Wednesday, Dec 25, 2002
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The six infrastructure industries however sustained a healthy 6.4 per cent cumulative growth rate during April-November against just 1.3 per cent in 2001-02, as per data released by the Industry Ministry here today.
The marginal decline in November was mainly on account of a sharp dip in coal sector growth to 0.8 per cent from 11.8 per cent in November 2001.
Similarly, petroleum refinery products also witnessed a lower growth at 4.7 per cent compared to 7.4 per cent in November 2001 while cement also declined to 6 per cent from 6.4 per cent in the same month last year.
The only industries that sustained a growth rate higher than last year during the month were finished steel whose growth rate nearly doubled to 7.8 per cent from 3 per cent in 2001 and crude petroleum and electricity which posted growth rates of 0.7 and 3.5 per cent respectively.
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