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

12%

Share in manufacturing

1.8%

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.

US$

Grant to MSMEs within 59 minutes of application through online portal

100%

FDI allowed in the engineering and construction sector.

Department of Heavy Industry

011-23062365

Visit Website

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

All India Association of Industries

+91-22-2201-9265

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

ENABLING ENVIRONMENT

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

News

Core sector reaches 7.8% in January 2023

March 1, 2023

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

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Industrial output up by 7.1% in November ‘22

January 13, 2023

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

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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% …

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Events