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  Business   India's infrastructure output grows 3.2 per cent in August

India's infrastructure output grows 3.2 per cent in August

REUTERS
Published : Oct 1, 2016, 7:47 am IST
Updated : Oct 1, 2016, 7:47 am IST

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 38 per cent of India's industrial output.

construction-site.jpg
 construction-site.jpg

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 38 per cent of India's industrial output.

India's annual infrastructure output grew 3.2 per cent in August, mainly aided by a pick up in the production of fertilisers and cement, government data showed on Friday.

The output growth for July was revised down to 3.0 per cent from 3.2 per cent announced earlier, the data showed.

In the first five months of the current fiscal year to August, the output growth came in at 4.5 per cent.

Cement production grew 3.1 per cent year-on-year in August, faster than a 1.4 per cent rise in the previous month, while fertiliser output grew 5.7 per cent compared with a 4.3 per cent contraction in July.

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 38 per cent of India's industrial output.