India’s crude steel production rose to 14.3 million tonnes in July from 14.1 million tonnes in June, extending the resilience of investment-led sectors despite softer signals from manufacturing and mining. Merchandise exports climbed to $44.2 billion, automobile production reached a record 3.4 million units, and electric vehicle registrations touched a new high. In contrast, manufacturing PMI eased to its weakest level in recent months, coal production declined sharply and iron ore imports nearly halved.
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