India's Infra output up 2.3% y-o-y in November

  • Sector Trends
  • Jan 04,11
NULL
India's Infra output up 2.3% y-o-y in November

India's infrastructure sector output grew 2.3% in November from a year earlier, slower than an upwardly revised annual growth of 8.6% in October, government data showed on Thursday.

In the first eight months of the current financial year to end-March 2011, output rose 5% compared with 4.5% growth in the year-ago period.

The infrastructure sector accounts for 26.7% of India's industrial output.

India's annual industrial output growth accelerated to 10.8% in October from 4.4% a month ago.

India expects to invest about USD 500 bn in infrastructure, mainly in power, telecommunications, roads, railways and oil pipelines in five years to end-March 2012. The Indian government plans to double spending on infrastructure to USD 1 trillion in its next five-year plan, which runs from April 2012.

Recognizing these issues the Bharat Chamber of Commerce and IPF have come together in the quest to bring the best and most influential minds together for a conference to discuss the issues that concern the sector, the policy approach, project analysis, supply outlook and the multiplier effect of investment on aggregate demand.

The idea is to glean learning points from Infrastructure growth stories from neighboring China to overseas UK and apply the best practices in the India Development Story to which the whole world looks up nowadays.

For the detailed agenda and list of speakers, click here.

Seats are limited and available on a first come first served basis. To download a registration form click here.

For speaking and sponsorship opportunities call Mr. Rajarshi on 098306 74645 or write to him at rajarshi@ipfonline.com

IPF is committed to create world class knowledge sharing platforms.

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