A sharp fall is expected in the growth of industrial sectors such as textile machinery, cement and fertiliser in the April-June quarter owing to the rupee's depreciation, high inflation and fiscal deficit, a study said Sunday.
"The sector-wise analysis on performance of the industry sector clearly indicated that almost all sectors on an average expect decelerating production growth during the first quarter of 2012-13," said a survey by the Confederation of Indian Industry (CII)-Ascon.
"While there are fewer sectors in the excellent and high category for all segments, most of the sectors' output growth is concentrated in low category," it added.
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