BUSINESS

India's infrastructure output up 1.7% in Nov: Govt

By Manoj Kumar
December 31, 2013 18:22 IST

India's infrastructure sector output rose 1.7 per cent year-on-year in November, bouncing back from a contraction in the previous month, mainly driven by higher electricity, coal and cement production, government data showed.

The output fell 0.6 per cent in October. During the first eight months of the current fiscal year, infrastructure output grew 2.5

per cent from a year ago, the data showed on Tuesday.

The output comprises coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertiliser production and accounts for 37.9 per cent of India's industrial output, which expanded just 1 per cent during the 2012/13 fiscal year.

In the fiscal year ended March, infrastructure output grew 3.2 per cent compared with 5 per cent in 2011/12.

Manoj Kumar in New Delhi
Source: REUTERS
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