India’s infrastructure output rises 4.8% y/y in August

India’s infrastructure output rises 4.8% y/y in August
Technicians work at an oil rig manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. (Photo : Reuters)

NEW DELHI, Sept 21 (Reuters) – India’s infrastructure output ​grew 4.8% year-on-year in ‌August, in the third release under ​a revised series ​with 2022-23 as the ⁠base year, ​government data showed on ​Monday.

The new series replaced the 2011-12 base ​year in June ​and expanded the core ‌sector ⁠basket to nine industries from eight, with the inclusion ​of ​iron ⁠ore.

Infrastructure output had grown a revised ​5% in ​July ⁠from a year earlier, according to ⁠data ​released by ​the government.

T.K.B. Sen

Journalist, media worker, reporter and analyst