India’s infrastructure output grows 4.9% in August: Govt

Refinery products are among eight infrastructure sectors that account for about 40% weight in index of industrial production

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%.

 

 

[“source=hindustantimes”]