India Core sector growth down to 4%
Posted by admin | Under Economy Wednesday Oct 28, 2009The core sector of India, comprising cement, coal, steel, electricity and crude oil production, has seen a sharp drop from 7.8% in August to 4% in September 2009. The sharp drop has been primarily due to the decline in the coal output which dropped from 13% to 6.5%.
Also there was a sharp drop in the cement output from 17% to 6.5%.