India's infrastructure sector growth slows down

reuters

Business, In Other News

Growth slowed to 3.4 percent in January from 5.6 percent in the previous month.

The output growth came in at 4.8 percent for the first 10 months of the current fiscal year, which ends in March 2017.

New Delhi: India's annual infrastructure output growth slowed to 3.4 percent in January from 5.6 percent in the previous month on a fall in refinery production and a deeper contraction in cement output, government data showed on Tuesday.

The output growth came in at 4.8 percent for the first 10 months of the current fiscal year, which ends in March 2017.

Refinery output fell 1.5 percent year-on-year last month, compared with a 6.4 percent growth in the previous month.

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