India’s September infrastructure output up 8.1% y/y

A man works on a construction site of a residential building in Mumbai, India, October 31, 2016. REUTERS/Shailesh Andrade/File photo Acquire Licensing Rights NEW DELHI, Oct 31 (Reuters) – India’s infrastructure output rose 8.1% year-on-year in September, with growth across all sectors barring crude oil production, government data showed on Tuesday. Infrastructure output, which comprises eight sectors including coal and electricity, accounts for nearly 40% of industrial output. Electricity generation grew 9.3% in the month, coal production jumped by 16.1% and the steel sector achieved 9.6% growth, the figures showed. Crude oil production fell marginally by 0.4%. In the first six mon

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