Infrastructure output in India rose to five month high of 8.2% year-on-year in June 2023, from an upwardly revised 5% advance in the previous month. Output surged for coal (9.8% vs 7.2% in May), refinery products (4.6% vs 2.8%), steel (21.9% vs 10.9% ) and electricity (3.3% vs 0.8%) and rebounded for natural gas (3.6% vs -0.3%). On the other hand, production slowed for fertilizers (3.4% vs 9.7%) and cement (9.4% vs 15.5%), while that of declined for crude oil (-0.6% vs -1.9%). source: Office of the Economic Adviser to the Government of India
Construction Output in India averaged 4.50 percent from 2005 until 2023, 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 August of 2023.
Construction Output in India is expected to be 3.10 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 4.80 percent in 2024 and 4.40 percent in 2025, according to our econometric models.