August infrastructure output for India grows 2.6 percent
By: Reuters | Sep 30 2015 at 07:47 AM | International Trade
NEW DELHI - India’s annual infrastructure output growth picked up in August to 2.6 percent from a year ago, mainly driven by higher cement and electricity generation, government data showed on Wednesday.
The output had grown 1.1 percent year-on-year in July.
Steel production, however, shrank an annual 5.9 percent last month, compared with a 5.6 percent growth in July.
The infrastructure sector accounts for nearly 38 percent of India’s industrial output.