Question

Which of the following led to decline in industrial growth?

• A. Decreasing demand of domestic products
• B. Domestic manufacturers were facing competition from imports
• C. Inadequate investment in infrastructure
• D. All of the above

Answer 1

The correct option is D All of the above

Industrial growth has recorded a slowdown. This is because of decreasing demand of industrial products due to various reasons such as cheaper imports, inadequate investment in infrastructure etc. Cheaper imports have replaced the demand for domestic goods. Domestic manufacturers are facing competition from imports.