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India's infrastructure output growth accelerates to 2.4 percent in July
August 31, 2017 / 12:23 PM / 3 months ago

India's infrastructure output growth accelerates to 2.4 percent in July

NEW DELHI (Reuters) - India’s annual infrastructure output growth accelerated to 2.4 percent in July, driven up mainly by higher electricity and steel production, government data showed on Thursday.

Workers work at the construction site of a bridge being built over the Yamuna river for metro rail in New Delhi, March 8, 2016. REUTERS/Adnan Abidi/Files

The output grew a revised 0.8 percent year-on-year in June.

For April-July, the annual output growth was 2.5 percent, data showed.

Electricity production grew 5.4 percent last month from a year ago, faster than a 2.2 percent rise in June. Steel output in July was 9.2 percent on year compared with a 5.8 percent growth a month ago.

Reporting by Rajesh Kumar Singh; Editing by Malini Menon

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