Infrastructure output in India rose by 0.5% from the previous year in May of 2026, slowing from the upwardly revised 1.8% in the earlier month, but still marking the seventh straight monthly increase.
Output growth remained supported by electricity generation (8.7% vs 5.6% in April) and building inputs through steel (5.0% vs 5.5%) and cement (8.4% vs 8.2%).
On the other hand, oil-derived commodities output declined as the surge in prices from the Iran war and sanctions from the US, which prevented the purchase of cheap Russian oil, dented refining activity.
Refined products fell by 8.7%, the sharpest decline in over one year.
Also, coal output fell by 9.3% from 8.8%.
