India's infrastructure output grows 4.7 pc in October

reuters

Business, Economy

Growth in output compares with a downwardly revised 4.7 per cent year-on-year growth in September.

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40 per cent of India’s industrial output. (Photo: PTI)

New Delhi: India’s annual infrastructure output grew 4.7 per cent in October from a year ago, driven by higher refinery production, government data showed on Thursday.

The growth in output compares with a downwardly revised 4.7 per cent year-on-year growth in September.

During April-October, the annual output growth was 3.5 per cent, data showed.

Indian refiners processed a record 5.2 million barrels per day of oil in October to meet rising fuel demand, government data showed earlier this month.

Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40 per cent of India’s industrial output.

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