India's Infrastructure Output Slows to 8.1 per cent Growth
ECONOMY & POLICY

India's Infrastructure Output Slows to 8.1 per cent Growth

India's infrastructure output showed an 8.1 per cent year-on-year increase in September, according to government data. However, this growth rate represented a four-month low, and the expansion in most sectors decelerated. The term "infrastructure output" encompasses eight key sectors, including coal and electricity, contributing to almost 40 per cent of the country's industrial output.

Despite the overall slowdown, some sectors displayed robust performance during September. Electricity generation recorded a notable 9.3 per cent growth, while coal production surged by 16.1 per cent. The steel sector expanded by 9.6 per cent, demonstrating significant progress. Additionally, cement output increased by 4.7 per cent. However, there was a slight decline of 0.4 per cent in crude oil production during the same period.

Economists, such as Aditi Nayar from ICRA, have attributed the dampened growth to a pickup in rainfall, which hurt the core sector's expansion in September. She further predicted that the Index of Industrial Production, which measures industrial output growth, is likely to moderate to high single digits in September 2023, following the trajectory of the core sector.

For the first six months of the financial year that began on April 1, infrastructure output demonstrated a year-on-year growth of 7.8 per cent, according to the data.

India's infrastructure output showed an 8.1 per cent year-on-year increase in September, according to government data. However, this growth rate represented a four-month low, and the expansion in most sectors decelerated. The term infrastructure output encompasses eight key sectors, including coal and electricity, contributing to almost 40 per cent of the country's industrial output. Despite the overall slowdown, some sectors displayed robust performance during September. Electricity generation recorded a notable 9.3 per cent growth, while coal production surged by 16.1 per cent. The steel sector expanded by 9.6 per cent, demonstrating significant progress. Additionally, cement output increased by 4.7 per cent. However, there was a slight decline of 0.4 per cent in crude oil production during the same period. Economists, such as Aditi Nayar from ICRA, have attributed the dampened growth to a pickup in rainfall, which hurt the core sector's expansion in September. She further predicted that the Index of Industrial Production, which measures industrial output growth, is likely to moderate to high single digits in September 2023, following the trajectory of the core sector. For the first six months of the financial year that began on April 1, infrastructure output demonstrated a year-on-year growth of 7.8 per cent, according to the data.

Next Story
Infrastructure Urban

TRAI Evaluates Telecom Service in Nine Cities

In December 2024, the Telecom Regulatory Authority of India (TRAI) conducted Independent Drive Tests (IDT) across nine cities, highways, and railway routes, including Aligarh, Bhubaneswar, Jammu, Lucknow, Navi Mumbai, Raipur, Siliguri, Thiruvananthapuram, and the Vapi-Rewari Highway. The tests aimed to assess the quality of voice and data services provided by telecom operators such as Bharti Airtel, BSNL/MTNL, Reliance Jio, and Vodafone Idea using various technologies like 2G, 3G, 4G, and 5G. The drive tests evaluated Key Performance Indicators (KPIs) for both voice and data services, includi..

Next Story
Infrastructure Urban

Kolkata to Host North East Trade & Investment Roadshow

Kolkata is set to host the North East Trade & Investment Roadshow on March 7, 2025, at Hotel JW Marriott, starting at 10:30 a.m. Organized by the Ministry of Development of North Eastern Region (MDoNER) in collaboration with FICCI and Invest India, the event aims to attract investors and promote economic opportunities in the North East. The roadshow will be graced by Dr. Sukanta Majumdar, Minister of State for MDoNER & Education, along with Shri Dharmvir Jha, Statistical Adviser, MDoNER, and senior representatives from all eight North Eastern states. The event will feature presentations on ke..

Next Story
Infrastructure Energy

India’s Rooftop Solar Installations Surge by 86% in 2024

India added 3.2 GW of rooftop solar capacity in 2024, marking an 86% increase from the previous year, according to Mercom India Research’s latest Q4 & Annual 2024 India Rooftop Solar Market Report. The surge was largely fueled by the PM Surya Ghar: Muft Bijli Yojana, with the residential sector accounting for 74% of the total installations. In the wind power sector, NLC India and Adyant Enersol (Datta Infra) secured bids in SJVN’s auction for 600 MW of inter-state transmission system-connected wind projects. NLC India won 200 MW at a tariff of Rs 3.74/kWh, while Adyant Enersol secured 112..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?