India's core sector growth dips to 4.5% in July, down from 9.9% a year ago

India's eight core industries recorded a growth of 4.5% in July against 9.9% recorded in the same month last year, according to official data released by the Ministry of Commerce & Industry on Wednesday.

The Index of Core Industries measures combined and individual performance of production in selected eight core industries viz. coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity.

Apart from crude oil and natural gas, all other six industries recorded an expansion in July 2022.


Coal production saw a growth of 11.4% year-on-year in July 2022 while refinery products grew by 6.2%.

The fertilisers sector grew by 6.2% while steel saw a growth of 5.7%. Cement and electricity grew by 2.1% and 2.2% respectively.

The final growth rate of the index for the month of April has been revised to 9.5% from 8.4% earlier.

The growth rate of ICI during April-July 2022-23 was 11.5% (provisionally) as compared to the corresponding period of last FY, the statement said.

India's eight core industries in June had recorded a growth of 12.7% against 9.4% recorded in June 2021.

The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).