Manufacturing growth slips to 2.5% in 2011-12

Agriculture posted a growth of 1.7% in Q4 of 2011-12, sharply lower than the 7.5% growth in the March quarter of 2010-11. For the full year, the manufacturing sector grew 2.5% in 2011-12 compared with 7.6% in 2010-11. The Indian economy, once the star among emerging market economies, has steadily slowed since the January-March quarter of 2010-11, and on Thursday, after digesting the January-March growth figure of 5.3%, some economists cut their growth estimates for 2012-13.

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