India’s infrastructure output grows 4.9% in August: Govt
The government data shows the infrastructure output grew 4.9% in August compared with a revised 2.6% year-on-year growth in July
New Delhi: India’s annual infrastructure output grew at its fastest pace in five months in August, driven by higher coal and electricity production, government data showed on Tuesday.
The output grew 4.9% in August compared with a revised 2.6% year-on-year growth in July.
During April-August, the annual output growth was 3.0%, data showed.
Eight infrastructure sectors include coal, crude oil, natural gas, refinery products, electricity, steel, cement, and fertiliser, accounting for about 40% weight in index of industrial production.
Electricity production grew 10.3% in August from a year ago, while coal output grew 15.3%.
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