Infrastructure Output Shrinks 8.5% In August

Infrastructure output contracted 8 per cent in July, revised data showed.

New Delhi:

India’s infrastructure output contracted 8.5 per cent in August from a year earlier, government data released on Wednesday showed.

Infrastructure output contracted 8 per cent in July, revised data showed. Infrastructure production contracted 17.8 per cent in the five months through August from a year earlier, the data showed.

Infrastructure production is determined by taking into account activity in eight sectors including coal, crude oil and electricity.

The eight sectors account for nearly 40 per cent of overall factory output, measures by the Index of Industrial Production.



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