Infrastructure output in India dropped by 1.3 percent year-on-year in December of 2020, following a downwardly revised 1.4 percent fall in November. Infrastructure output shrank for the 3rd consecutive month, with declines seen in production of cement (-9.7 percent), natural gas (-7.2 percent), crude oil (-3.6 percent), refinery products (-2.8 percent) and fertilizers (-2.7 percent). In contrast, production increased for coal (2.2 percent) and electricity (4.2 percent). Considering April-November 2020-21, infrastructure output shrank 10.1 percent. source: Office of the Economic Adviser to the Government of India
Construction Output in India averaged 3.77 percent from 2005 until 2020, reaching an all time high of 11.66 percent in January of 2010 and a record low of -37.90 percent in April of 2020. 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. India Infrastructure Output - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Construction Output in India is expected to be -1.20 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 5.10 in 12 months time. In the long-term, the India Infrastructure Output is projected to trend around 3.00 percent in 2022, according to our econometric models.