India’s infrastructure output growth slowed in February 2026, with year-on-year expansion easing to 2.3% from 4.0% in January 2026, according to data updated on 20 March 2026. The figures track key core sectors and compare each month’s performance with the same month a year earlier.
The moderation suggests a loss of momentum in the infrastructure sector at the start of 2026 after a relatively stronger showing in January. On a year-over-year basis, January’s 4.0% gain reflected a faster expansion than February’s 2.3%, indicating that underlying demand and project execution may have softened as the quarter progressed.
The data form part of India’s broader infrastructure gauge, which is closely watched as a leading indicator of industrial activity, investment appetite and medium-term growth prospects. The February 2026 reading, while still positive, points to more subdued infrastructure-driven support for the country’s economic performance compared with the previous month.