Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 31, 2018

India’s Eight Core Sectors Grow 6.6% In July

India’s Eight Core Sectors Grow 6.6% In July
A worker uses a cutting torch in a workshop in the Naraina steel and iron market area of New Delhi, India (Photographer: Prashanth Vishwanathan/Bloomberg)

India's eight core sectors saw their production grow 6.6 percent over last year in July due to a healthy output in coal, refinery products, cement and fertiliser.

The core sectors—coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, had registered a growth of 2.9 percent in July last year. The output of coal, refinery products, fertiliser and cement grew by 9.7 percent, 12.3 percent, 1.3 percent and 10.8 percent respectively in July 2018.

However, production of crude oil and natural gas witnessed negative growth in the month of July. On the other hand, steel sector expansion came down to 6 percent, as against 9.4 percent in the same month last year.

During the April-July period of the current fiscal, these sectors have grown 5.8 percent as against 2.6 percent in the year-ago period.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search