The Karnataka State's economic growth slumped to 4.4 per cent of Gross State domestic product during 2002-03 from 5.6 per cent in the previous year. The growth rate contrasts dismally when compared to 10.1 per cent growth rate set by the Planning commission during the first year of the 10th five year plan. However, the secondary sector recorded 6.1 per cent growth, mainly due to the good export performance in hardware and small scale industries sector.