November infrastructure output up 1.8 percent
NEW DELHI (Reuters) - India's infrastructure sector output grew 1.8 percent in November from a year earlier, a sharp fall from the upwardly revised annual growth of 6.6 percent in the previous month, government data showed on Monday.
The infrastructure output for eight sectors - coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers - grew at an annual 3.5 percent in the April-November period compared with 4.8 percent a year earlier.
The infrastructure sector accounts for 37.9 percent of India's industrial output.
(Reporting by Arup Roychoudhury; Editing by Sunil Nair)
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Indian conglomerate Larsen & Toubro said on Monday revenue totalled 191.23 billion Indian rupees ($3.2 billion) in the first quarter, beating analyst forecasts, after a rise in orders from international clients. Full Article