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Core sector output contracts by 1.3% in Nov, first fall in seven months

Cement, steel contributed the most to this de-growth

A labourer loads cement bags onto an improvised motorized rickshaw at the construction site of a residential complex on the outskirts of Kolkata

A labourer loads cement bags onto an improvised motorized rickshaw at the construction site of a residential complex on the outskirts of Kolkata

Reuters New Delhi

India's infrastructure output shrank 1.3 percent on year in November, its first fall in seven months, dragged down by a sharp slowdown in electricity production and a contraction in cement and steel output, government data showed on Thursday.

Infrastructure accounts for nearly 38 percent of India's industrial output.

Electricity generation last month didn't grow at all from a year earlier. Cement production, meanwhile, fell 1.8 percent year-on-year compared with a growth of 11.7 percent in October.

Annual contraction in steel output deepened to 8.4 percent in November from 1.2 percent a month ago.

 

 

 

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First Published: Dec 31 2015 | 5:27 PM IST

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