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Infrastructure industries log 7.3 pc growth

Our Bureau

NEW DELHI, June 23

THE six infrastructure industries of electricity, coal, steel, crude petroleum, petroleum refinery products and cement have grown by 7.3 per cent in May, over the corresponding month in the previous year.

As per the latest estimates of the Ministry of Industry, the overall index of these industries, which account for a total weight of 26.68 per cent in the Index of Industrial Production (IIP) rose to 157.5 points in May, 2000 against 146.7 points in May 1 999.

Among them, petroleum refinery products showed the highest growth of 32.6 per cent, followed by coal (11.7 per cent), steel (8.9 per cent), electricity (5.4 per cent) and cement (4.7 per cent). Crude petroleum recorded a negative growth of 4.6 per cent during the month.

Similarly, during April-May 2000, over its corresponding period last year, the six industries together have registered a growth of 7.5 per cent. Petroleum refinery products grew by 32.7 per cent, followed by coal (13.6 per cent), steel (12.2 per cent), electricity (4.2 per cent) and cement (2.1 per cent). Crude petroleum has shown a negative growth of 4.7 per cent.