With sustained growth, increased capacity utilization triggering 75% investment, corporates are now investing in new capacity. Capital goods and construction/infrastructure goods production, as estimated in the IIP, grew steadily in Q4 of FY23, along with imports of capital goods. India benefits from strong domestic demand with consistent and widespread growth in consumption and traction in capacity creation and real estate investment. Although it is too early to make definitive predictions for the entire year, the promising start to the financial year indicates positive prospects in the future.