business π India's core industry growth slows down in July 2026
Economic activity in India's core industrial sectors slowed to 5.4% in July 2026, down from 6% in June. This data, released by the Ministry of Commerce and Industry on August 20, 2026, showed the second-fastest growth in seven months. The fertiliser sector contracted 8% in July, while the electricity sector grew 9%. The natural gas and crude oil sectors continued their contraction streak for the last 14 months. Cement growth hit a seven-month high of 13.1% in July 2026.