Zeebiz.com
New Delhi: Reflecting slowdown in the economy, the growth rate of eight infrastructure sectors slowed to 4.6 per cent in May due to poor performance of crude oil, natural gas and fertiliser.
The core industries that also include coal, electricity, cement, petroleum refinery products and finished steel, and carry 37.9 percent weight in the Index of Industrial Production (IIP), had grown by 5.8 percent in May last year.
The cumulative growth rate of infrastructure industries during April-May 2012 also slowed down to 4.2 percent, from 5 percent in the same period last year, according to the data released by the Ministry of Commerce and Industry on Friday.