The Capital Goods industry referred to as the mother of the manufacturing industry has immense potential to have a multiplier effect on the Indian economy. The Indian Capital Goods industry will play an important role in achieving the vision of Aatmanirbhar Bharat and driving India’s economic growth apart from job creation and boosting exports. Therefore, the development of domestic capabilities in capital goods sector is essential to ensure self-reliance in the sector.
For more information, click here.