Eight core sectors log negative 2.6% growth in February | business | Hindustan Times
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Eight core sectors log negative 2.6% growth in February

India's infrastructure sector output slumped 2.5% in February from a year earlier, government data showed on Monday, in a sign Asia's third largest economy has yet to escape from the worst slowdown in a decade.

business Updated: Apr 01, 2013 13:34 IST

India's infrastructure sector output slumped 2.5% in February from a year earlier, government data showed on Monday, in a sign Asia's third largest economy has yet to escape from the worst slowdown in a decade.

Infrastructure output for eight sectors -- coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers -- grew at an annual 2.6% in the April-February period compared with 5.2% a year earlier.

The infrastructure sector accounts for 37.9% of India's industrial output.