Low coal output drags core sector growth in July

Momentum remains weak

- SHIVA RAJORA

Output growth in India's eight core infrastructure industries remained muted in July at 2 per cent from an upwardly revised figure of 2.2 per cent in the previous month, thanks to high base effects and a decline in coal production during the month.

While infrastructure-based industries are doing well, energy segments registered low-to-negative growth rates, according to monthly statistics released by the Ministry of Commerce and Industry on Wednesday.

For the first four months (April-July) of the current financial year, growth stood at 1.6 per cent against 6.3 per cent last year. In July 2024, the Index of Core Industries (ICI) had risen 6.3 per cent.