Infrastructure output in India sank 4.6 percent year-on-year in February of 2021, following an upwardly revised 0.9 percent growth in January. It is the first decline in three months and the biggest since August, mainly due to a 10.9 percent plunge in refinery products. Other decreases were also seen for electricity (-0.2 percent); steel (-1.8 percent); coal (-4.4 percent); crude oil (-3.2 percent); natural gas (-1 percent); cement (-5.5 percent) and fertilizers (-3.7 percent). Considering the April-February period, infrastructure output declined 8.3 percent. source: Office of the Economic Adviser to the Government of India
Construction Output in India averaged 3.73 percent from 2005 until 2021, reaching an all time high of 11.66 percent in January of 2010 and a record low of -37.90 percent in April of 2020. This page provides the latest reported value for - India Infrastructure Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Infrastructure Output - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Construction Output in India is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in India to stand at 5.10 in 12 months time. In the long-term, the India Infrastructure Output is projected to trend around 3.00 percent in 2022, according to our econometric models.