Which of the following statement (s) is/are correct?

Statement 1: In post 1991 period, industrial growth has recorded a slowdown.

Statement 2: There is decreasing demand of domestic industrial products due to various reasons such as cheaper imports, inadequate investment in infrastructure.

Both statements are correct.

In post 1991 period, industrial growth has also 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.