Infrastructure output in India rose 7.5 percent year-on-year in October of 2021, advancing from an upwardly revised 4.5 percent increase in the previous month amid a rise in production of petroleum refinery products (+14.4 percent vs 6 percent); electricity (+2.8 percent vs 0.9 percent); coal (+14.6 percent vs 8 percent); cement (14.5 percent vs 11.3 percent) and natural gas (+25.8 percent vs 27.5 percent). Meanwhile, production slowed for steel (+0.9 percent vs 2.8 percent), remained unchanged for fertilizers, and continued to decline for crude oil (-2.2 percent vs -1.7 percent). On a monthly basis, infrastructure output rose by 7.3 percent after declining by almost 5 percent in September. Considering the April-October period, infrastructure output grew 15.1 percent year-on-year compared to a 12.6 decline a year ago. source: Office of the Economic Adviser to the Government of India
Construction Output in India averaged 4.26 percent from 2005 until 2021, reaching an all time high of 62.60 percent in April of 2021 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 December of 2021.
Construction Output in India is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Infrastructure Output is projected to trend around 3.00 percent in 2022, according to our econometric models.