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India's infrastructure output growth accelerates to 2.4 percent in July

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Reuters NEW DELHI
Last Updated : Aug 31 2017 | 5:58 PM IST

NEW DELHI (Reuters) - India's annual infrastructure output growth accelerated to 2.4 percent in July, driven up mainly by higher electricity and steel production, government data showed on Thursday.

The output grew a revised 0.8 percent year-on-year in June.

For April-July, the annual output growth was 2.5 percent, data showed.

Electricity production grew 5.4 percent last month from a year ago, faster than a 2.2 percent rise in June. Steel output in July was 9.2 percent on year compared with a 5.8 percent growth a month ago.

(Reporting by Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Aug 31 2017 | 5:49 PM IST

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