<h1>India's Industry Sector Sees GCF Rise; Govt Extends Excise Concessions, Boosts Investment in Defense, Insurance, and Infrastructure.</h1> The Gross Capital Formation (GCF) in India's industry sector increased from Rs. 2,680,579 crore in 2010-11 to Rs. 3,242,727 crore in 2012-13, as reported by the Central Statistics Office. To boost industrial investment, the government extended excise duty concessions for certain sectors and announced measures in the Union Budget 2014-15. These include raising foreign investment caps in defense and insurance, promoting smart city development, and encouraging infrastructure investments. Initiatives like the Delhi Mumbai Industrial Corridor and the e-Biz platform aim to streamline business operations and enhance the investment climate. The integration of government services with the e-Biz platform is prioritized for completion by December 2014.