India’s infrastructure output growth in April at 17-month high: Govt

The output expanded 2.7 percent for the fiscal year 2015-16 that ended on March 31, compared with a 4.5 percent growth in the previous fiscal year.

By: Reuters | New Delhi | Published: May 31, 2016 5:28:15 pm
infrastructure-projects759 Electricity production grew 14.7 percent and fertiliser output jumped 7.8 percent in March from a year earlier.

India’s infrastructure output grew an annual 8.5 percent in April, at its fastest pace in 17 months, mainly helped by a favourable base effect, government data showed.

The output expanded 2.7 percent for the fiscal year 2015-16 that ended on March 31, compared with a 4.5 percent growth in the previous fiscal year, the data showed on Tuesday.

Electricity production grew 14.7 percent and fertiliser output jumped 7.8 percent in March from a year earlier, the data showed.

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