India’s February infrastructure output growth dips to 4-month low of 1.4%
By: Reuters | Mar 31 2015 at 07:53 AM | International Trade
India’s annual infrastructure output growth slowed to a four-month low of 1.4 percent in February, mainly dragged down by a contraction in the production of steel, fertilisers and refinery products, government data showed on Tuesday.
The output had expanded 1.8 percent year-on-year in January.
The infrastructure sector, which comprises coal, crude oil, oil refining, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9 percent of India’s industrial output.