India's April infrastructure output growth hits eight-month low

The index, which tracks enactment crossed 8 sectors and makes up 40% of the country's concern production, grew astatine a revised 4.6% successful March, compared to the archetypal estimation of 3.8%.

Sign up here.

Crude lipid output dropped 2.8% year-on-year successful April, against a 1.9% driblet successful March, portion earthy state accumulation declined 0.4%, compared with a 12.7% driblet successful March.

Cement output roseate 6.7% successful April, compared to a revised 12.2% summation successful March, portion alloy accumulation climbed 3% against a revised 9.3% beforehand a period earlier.

Fertilizer accumulation fell 4.2% compared with maturation of 8.8% successful the anterior month, portion ember accumulation gained 3.5% year-on-year compared to 1.6% successful March.

Electricity procreation was up 1% successful April, against a revised 7.5% summation successful the anterior month, portion refinery products dropped 4.5%, compared with 0.2% the period before.

Core assemblage output roseate 6.9% successful April, 2024 and 4.5% successful the fiscal twelvemonth 2024-25.

Reporting by Sarita Chaganti Singh & Shubham Batra; Editing by Nivedita Bhattacharjee and Savio D'Souza

Our Standards: The Thomson Reuters Trust Principles., opens caller tab