(Adds details from data, economist quote)
NEW DELHI, April 28 (Reuters) - India's infrastructure
output expanded 3.6% year-on-year in March, its slowest pace in
five months, in part dragged by a contraction in electricity and
cement output, government data showed on Friday.
The country's infrastructure output last grew at a slower
pace, of 0.1% year-on-year, in October 2022.
Infrastructure output—which comprises eight sectors,
including coal and electricity, accounting for nearly 40% of
industrial output—rose 7.6% in the April 2022 to March 2023
financial year, the data showed.
"The output of some of the sectors is likely to have been
dampened by the unseasonal rainfall, (including sectors) such as
electricity and cement which displayed a YoY contraction in
March, along with crude oil," said Aditi Nayar, an economist at
ICRA.
The output from sectors such as coal, fertilisers and steel
displayed a healthy expansion, in excess of 8%, in March, which
is encouraging, Nayar added.
(Reporting by Shivangi Acharya; Editing by Savio D'Souza)
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