India's infrastructure output dropped 1.5 percent from a year earlier in November 2019, following a 5.8 percent contraction in the previous month, as output fell for electricity (-5.7 percent vs -12.2 percent), steel (-3.7 percent vs -1.9 percent), coal (-2.5 percent vs -17.6 percent), crude oil (-6.0 percent vs -5.1 percent), and natural gas (-6.4 percent vs -5.7 percent). In contrast, refinery products output grew (3.1 percent vs 0.4 percent), as well as cement (4.1 percent vs -7.7 percent), and fertilizers (13.6 percent vs 11.8 percent).
Construction Output in India averaged 4.53 percent from 2005 until 2019, reaching an all time high of 11.66 percent in January of 2010 and a record low of -5.80 percent in October of 2019. This page provides the latest reported value for - India Infrastructure Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Office of the Economic Adviser to the Government of India
Construction Output in India is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in India to stand at 2.50 in 12 months time. In the long-term, the India Infrastructure Output is projected to trend around 3.00 percent in 2020, according to our econometric models.