29-12-2023 05:45 PM | Source: Reuters
India`s November infrastructure output up 7.8 % y/y -government
India's infrastructure output in November rose 7.8% year on year, with growth in almost all sectors, government data showed on Friday.
Infrastructure output, which comprises eight sectors including coal and electricity, accounts for nearly 40% of industrial production.
Electricity generation rose 5.6% in the month, coal production was up 10.9% and the steel sector expanded 9.1% year on year, the data showed. Production of refinery products increased 12.4%.
Cement output decreased 3.6% year on year in October, while crude oil production fell 0.4%.
In the first eight months of the financial year that started on April 1, infrastructure output rose 8.6% year on year, the data showed.
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