India's Nov infra output growth slows to 3.1% y-o-y

India's November infrastructure output growth slows to 3.1% year-on-year

Representative Image. Credit: iStock Photo

India's infrastructure output growth in November slowed to 3.1% year-on-year, dragged down by reduced growth in electricity and steel output, from upwardly revised 8.4% in the previous month, government data showed on Friday.

Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output, rose by 13.7% year-on-year over the April-November period, the data showed. 

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