31-05-2024 05:45 PM | Source: Reuters
India`s April infrastructure output rises 6.2% y/y

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India's infrastructure output in April rose 6.2% year-on-year, compared with a revised 6% growth in March, government data showed on Friday, backed by strong electricity and steel output.

Infrastructure output, which accounts for 40% of industrial production, measures activity in eight sectors, including refinery products and electricity.

Coal production grew 7.5%, while electricity generation rose 9.4%. In March, coal production rose 8.7% and electricity generation grew 8.6%.

Steel production grew 7.1% year-on-year in March, against a 6.4% increase a month earlier. Natural gas output registered a growth of 8.6% in April, while it rose 6.3% in the previous month.

Cement production rose 0.6% in April year-on-year, its growth slowing compared with March's 10.6% rise. Crude oil production rose 1.6% in April, compared with a 2% growth a month earlier.

All sectors but fertilisers registered growth.

Fertiliser production registered a fall of 0.8% in April, compared with a fall of 1.3% in March, while refinery products rose 3.9%, against a 1.5% rise in the previous month.