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<h1>Industrial Growth Soars to 11.7% in 2021-22; Boosted by Tax Cuts, Infrastructure, and MSME Support Initiatives.</h1> Industrial growth in 2021-22 reached 11.7%, significantly higher than previous years, according to the Index of Industrial Production. The government has implemented various measures to boost industrial performance, such as the Goods and Services Tax, corporate tax reduction, and easing business operations. Initiatives like the Atmanirbhar packages, Production Linked Incentive Scheme, and National Infrastructure Pipeline aim to enhance manufacturing and investment. Financial support for MSMEs includes equity infusion and credit guarantees. Infrastructure development is prioritized, with increased capital investment and policies to improve logistics and connectivity, as reflected in the Union Budget 2023-24.