Infrastructure output shrinks 1st time in over 3 years

India's key infrastructure sector saw a 1.8% contraction in August, driven by declines in coal, crude oil, natural gas, refinery products, cement, and electricity due to excessive monsoon rains. This marked the first contraction in over three years, significantly impacting overall industrial output.

Oct 1, 2024 - 07:30

Infrastructure output shrinks 1st time in over 3 years

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India's key infrastructure sector saw a 1.8% contraction in August, driven by declines in coal, crude oil, natural gas, refinery products, cement, and electricity due to excessive monsoon rains. This marked the first contraction in over three years, significantly impacting overall industrial output.