India Inc's credit quality strengthened in the first half of the current financial year (FY24) owing to robust domestic consumption and investment-focused sectors, said ICRA in a report on Tuesday. "Both the investment grade as well as the non-investment grade categories showed a net improvement in their credit profiles, even as the pace of improvement moderated in comparison with the previous two fiscals," the report stated. There were six sectors, including hospitality, auto components, power, realty, roads and financials, which accounted for almost half of the total instances of upgrades in H1 FY2024.