India’s Core Industries’ Growth Slows Down In July


India’s Core Industries’ Growth Slows Down In July

The growth of eight core industries slowed down to 6.6 per cent in July against 7.6 per cent the previous month. However year-on-year, the figures are much better. The eight core sector — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — had registered a growth of 2.9 per cent in July last year.

The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, constitute 40.27 per cent of the total industrial production.

The coal sector saw a huge decline to 9.7 per cent from 11.5 per cent a month ago. Read more

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