New Delhi: India’s infrastructure output, opens new tab grew at its slowest pace in three months in September, weighed by a decline in coal, natural gas and refinery products.
The index, which tracks activity across eight sectors and makes up 40% of the country’s industrial production, grew at 3% year-on-year in September versus a revised 6.5% growth in August. The infrastructure output was 2.2% in June.
Key numbers
- Crude oil output fell 1.3% year-on-year in September against a revised increase of 2.4% in August.
- Natural gas production declined 3.8% year-on-year in September as compared to a 2.2% fall in the previous month.
- Cement output rose 5.3% year-on-year in September after a revised 5.4% increase in August.
- Steel production rose 14.1% year-on-year in September after a revised increase of 13.6% in August.
- Fertiliser production increased 1.6% year-on-year in September versus 4.6% rise in the previous month.
- Coal production fell 1.2% year-on-year in September as compared to a growth of 11.4% in August.
- Electricity generation increased 2.1% in September year-on-year versus a growth of 4.1% in August.
- Refinery products output fell 3.7% in September year-on-year as compared to a growth of 3% in August.
- Infrastructure output grew 2.9% year-on-year in April-September against a growth of a revised 4.3% a year ago.