India’s April infrastructure output growth at 17-month high

1 min read 31 May 2016, 06:27 PM IST

Manoj Kumar

Infrastructure output grows 2.7% for the fiscal 2015-16, compared with a 4.5% growth in the previous fiscal year

Electricity production grew 14.7% in March from the previous fiscal. Photo: Bloomberg

New Delhi: India’s infrastructure output grew an annual 8.5% in April, at its fastest pace in 17 months, mainly helped by a favourable base effect, government data showed.

The output expanded 2.7% for the fiscal year 2015/16 that ended on March 31, compared with a 4.5% growth in the previous fiscal year, the data showed on Tuesday.

Electricity production grew 14.7% and fertiliser output jumped 7.8% in March from a year earlier, the data showed. Reuters

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

More Less

Published: 31 May 2016, 06:12 PM IST

OPEN IN APP