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    <title>INDUSTRIAL SECTOR GROSS VALUE ADDED (GVA) ROSE BY 3.7 PER CENT IN FIRST HALF OF FY23</title>
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    <description>Industrial GVA rose 3.7% in H1 FY23, driven by strong domestic consumption and recovering credit to industry. PLI schemes and complementary initiatives are expected to attract significant capex and boost manufacturing capacity, while rising capacity utilisation, robust MSME credit growth, increased FDI inflows, and steady core-industry performance collectively support an investment-led industrial recovery despite global input-cost pressures and potential export headwinds.</description>
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