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July Core Sector Growth 2% as Rains Dampen Energy, Mining
Mint Chennai
|August 21, 2025
India's cooling demand for energy amid robust monsoon rains led to a contraction in the output of coal, crude oil, natural gas, and refinery products in July, limiting the year-on-year (y-o-y) growth of the eight infrastructure sectors to a modest 2%, official data showed Wednesday.
India's cooling demand for energy amid robust monsoon rains led to a contraction in the output of coal, crude oil, natural gas, and refinery products in July, limiting the year-on-year (y-o-y) growth of the eight infrastructure sectors to a modest 2%, official data showed Wednesday. However, the growth in cement and steel production was strong due to perked-up construction activity.
The output of India's core industries had expanded 2.2% in June and 1.6% in April-July, as against 6.3% growth in the year-ago period.
Dit verhaal komt uit de August 21, 2025-editie van Mint Chennai.
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