The engineering sector accounts for 63% of the overall foreign collaborations

5 mn

direct employment

US$ 7,818.22 mn

Export valuation of engineering goods in September 2022


Share in manufacturing


share of total FDI inflows between 2000 and 2022

US$ 100 bn

target production size for capital goods by 2025

US$ 43.2 bn

Market valuation in FY22

US$ 63

investment expected in engineering R&D sector by 2025

Washington Accord

India is a member of WA, an elite international engineering group.


Grant to MSMEs within 59 minutes of application through online portal


FDI allowed in the engineering and construction sector.

Department of Heavy Industry


Visit Website

The Department promotes engineering industry, heavy electrical, industrial machinery and auto industry.

All India Association of Industries


Visit Website

AIAI is a premier industry association representing industries across sectors.

Investment Opportunities

  • Creation of Research and Testing infrastructure through the National Automotive Testing and R&D Infrastructure Project (NATRIP).
  • India’s power generation, transmission and distribution sectors require technology and infrastructure to support 900 GW by generation capacity by 2032.
  • India's mining and resources sector presents new opportunities for private sectors on the back of favorable legislations.
  • The Smart City Mission aims to retrofit 100 urban centres across India with focus on mobility, low-cost housing and sewerage.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments


India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments


Core sector reaches 7.8% in January 2023

March 1, 2023

India’s core production increased by 7.8% YoY in January 2023, …

Read More

Industrial output up by 7.1% in November ‘22

January 13, 2023

India’s industrial output rose by 7.1% in November 2022, after …

Read More

Capital goods sector to grow by 16-18% in FY24: CRISIL

January 6, 2023

India’s capital goods firms are expected to post a 16-18% …

Read More