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Core sector output at 20-month low of 4% in June
The New Indian Express
|August 01, 2024
THE output of the country's eight key infrastructure industries grew by 4% year-on-year in June, slowest in last 20 months owing to a high base effect and reduced electricity demand due to the monsoon season among other reasons.
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In comparison, the output growth was 6.4% in May 2024 and 8.4% in June 2023.
The eight sectors-coal, steel, cement, fertilizers, electricity, natural gas, refinery products, and crude oil-account for two-fifths of India's overall industrial production.
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