NEW DELHI, April 21 (Reuters) - India's infrastructure output grew 3.8% year-on-year in March on strong steel and cement production, government data showed on Monday.
Infrastructure output, which tracks activity across eight sectors and makes up 40% of the country's industrial production, grew at a revised 3.4% in February, compared to the initial estimate of 2.9%.
Cement output rose 11.6% in March, compared to a revised 10.8% increase in February, while steel production climbed 7.1% against a revised 6.9% advance a month earlier.
Fertilizer production grew 8.8% compared with 10.2% in the prior month, while coal production gained 1.6% year-on-year compared to a 1.7% rise in February.
Electricity generation was up 6.2% in March, against a revised 3.6% increase in the prior month, while refined oil products grew 0.2%, compared with 0.8% growth the month before.
Meanwhile, crude oil output dropped 1.9% year-on-year in March, against a much steeper 5.2% drop in February, while natural gas production declined 12.7%, compared with a 6% drop in February.
Infrastructure output rose 4.4% in the fiscal year 2024-25.
Reporting by Shivangi Acharya; Editing by Sonia Cheema and Mrigank Dhaniwala
Source: Reuters