India's infrastructure output rises 7.9% in September, a record high in new series

India’s infrastructure output grew 7.9% year on year in September, reaching its strongest level since April 2024 in comparable data, Business Recorder reported. The advance was supported by higher electricity generation and refinery products, while the index’s growth accelerated from a revised 5.9% in August.

Among the nine sectors tracked, cement production increased 9.8%, steel rose 4.9% and electricity generation climbed 11.4%. Refinery products advanced 10.3%, while fertilizer output fell 11.7%; for April-September, infrastructure output was up 5.1%, against 2.5% in the same period last year. The series was introduced in June with 2022-23 as its base year, and comparable figures before April 2024 are unavailable.