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India's core sector growth slows down to 2.1%

The 8 core sector industries natural gas, refinery products, coal, crude oil, steel, fertilizer, cement, and electricity had all expanded by 7.3% in July 2018. Compared to that, this year in July the growth has slowed down to 2.1%. The alarming data comes following the backdrop of a weak GDP data released on Friday. For the 5th consecutive quarter, the country has witnessed the slowed down GDP growth.