30-08-2024 06:03 PM | Source: Reuters
India`s July infrastructure output rises 6.1% y/y

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India's infrastructure output in July rose 6.1% year-on-year, government data showed on Friday, helped by steel and electricity output.

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

Infrastructure output growth in June was revised to 5.1% from 4%.

Coal production grew 6.8% in July, while electricity generation rose 7%, compared to a 14.8% and 8.6% growth in June respectively.

Steel production grew 7.2%, against a 6.7% increase a month earlier. Cement production rose 5.5%, compared with June's 1.9% rise, and fertiliser production increased 5.3%, compared with a rise of 2.4% the previous month.

Output of refinery products rose 6.6% compared with a decline of 1.5% in June.

However, crude oil production fell 2.9% compared with a fall of 2.6% in June. Natural gas output fell 1.3%, compared to a 3.3% rise in June.