India's key infra sectors' growth slows to 4% in June

In June, the growth rate of India's eight core sectors slowed to 4% year-on-year, down from 6.3% in May and 8.2% in June 2023. Crude oil production fell by 2.6%, while cement production rose by 1.9%. Coal production surged by 14.8%, and electricity generation increased by 7.7%. These sectors are a key component of the Index of Industrial Production (IIP), reflecting 40.27% of its weight.