Table 9 : Infrastructure Activity Weight in IIP (per cent)  Growth in per cent (y-o-y) April-March  Sector 1  2004-05 2005-06 2  3  4  April-September 2005  2006  5  6  Electricity  10.2  5.2  4.9  4.7  6.7  Coal  3.2  6.2  7.0  6.0  5.3  Finished Steel  5.1  8.4  8.0  13.7  7.2  Cement  2.0  6.6  12.3  11.4  10.0  Crude Petroleum  4.2  1.8  -5.3  -5.0  4.1  Petroleum Refinery Products  2.0  4.3  2.1  -0.7  12.3  Composite Infrastructure Index  26.7  5.8  5.3  6.1  7.3  The resilience shown by the industrial sector against the hardening of global oil prices is reflective of inherent strengths and capabilities that the industrial sector has built up over the years since the initiation of economic reforms in the country.
There is evidence of growing competitiveness in respect of sectors such as automobiles and pharmaceuticals, with potential to emerge as a manufacturing base for global production.