FX.co ★ Infrastructure Output in India Falls to 5.2% in March 2024

According to the latest data released on 30th April 2024, India's infrastructure output in March 2024 fell to 5.2% from the previous figure of 6.7% in January 2024. The comparison is based on a year-over-year analysis, indicating a slowdown in the growth rate of the country's infrastructure sector. This decline signals a potential concern for the Indian economy as infrastructure development is a key driver of economic growth and job creation. The data update highlights the need for monitoring and addressing the challenges faced by India's infrastructure industry to ensure sustainable development and stability in the future.