The eight core industries driving India’s economy grew by 2.4 per cent during July 2017 compared to a growth of 3.1 per cent in the same month last year.
According to an official statement, Coal production increased by 0.7 per cent in during the period under consideration over the same period of the last year.
Steel production too increased by 9.2 per cent in July 2017 over July 2016. There was an increase in electricity generation by 5.4 per cent in July 2017 over power generation in July 2016. Natural Gas production also increased by 6.6 per cent during July 2017 over July 2016.
The laggards were petroleum refinery production that declined by 2.7 per cent in July 2017 over July 2016.
Fertiliser production too declined by 0.3 per cent in July and crude Oil production decreased by 0.5 per cent and cement output by 2 per cent .