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Story perspectives

India's Infrastructure Output Soars 6.3% Amid Coal, Steel Growth

9/23/2025

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Story summary
  • India's infrastructure output rose 6.3% year-on-year in August 2025—the fastest in 13 months—driven by coal, steel, and cement.
  • Coal production rose 11.4%; steel production rose 14.2%; cement production rose 6.1%.
  • Crude oil output fell 1.2%; natural gas declined 2.2%.
  • Industrial production for April-August grew 2.8%, down from 4.6% a year prior; economists expect August IIP at 4.5-5.5%, with core-sector recovery signaling higher infrastructure activity.