Industry Grinding to a Halt Arthagnani THE growth of industrial production has shown a marked tendency to slow down over the last two years. The rate of increase of the industrial production index (1960 = 100) which had been 7.1 per cent in 1969 declined to 4.5 per cent in 1970 and to 1.8 per cent in the first five months of 1971. Available indicators suggest that this slow-down has continued in the subsequent months of 1971.