Capital Goods

Engineering goods exports constituted more than 27% share of India's total export basket between April-December 2021.

Last updated: December 2, 2022

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

US$ 72 bn

Projected value of electrical equipment market by 2025

US$ 9.7 bn

Export valuation of engineering goods in December 2021

111.3

Index of Industrial Production for electrical equipment manufacturing industry in December 2021

60%

of engineering exports are to US and Europe.

US$ 26.52 billion

allocated to enhance the transport infrastructure

US$ 115.17 billion

Capital Goods turnover

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$ 0.14 million

Grant to MSMEs within 59 minutes of application through online portal

100%

FDI allowed in the engineering and construction sector.

Vision 2022 for Indian Electrical Equipment Industry

To make India the country of choice for the production of electrical equipment and reach an output of US$ 100 billion by balancing exports and imports.
National Capital Goods Policy 2016

The Capital Goods sector is a critical element to boost manufacturing activity in India.
National Manufacturing Policy

The National Manufacturing Policy envisaged manufacturing to contribute 25% to GDP and create 100 million jobs.

FAME II

The main objective of the scheme is to encourage faster adoption of electric and hybrid vehicle by way of offering upfront incentive on purchase of electric vehicles and also by way of establishing a necessary charging Infrastructure for electric vehicles. The scheme will help in addressing the issue of environmental pollution and fuel security.
Stimulus measures for Infrastructure, Capital Goods and Defence

An additional budget of US$ 3.4bn has been allocated for capital spending towards multiple sectors including Defence, Infrastructure and Capital Goods.

Electrical Equipment (Quality Control) Order 2020

The Order provides the stipulations that every electrical equipment produced must adhere to.

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.

Department of Heavy Industry

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.
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Key Investors

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

Ansaldo STS has interests in urban rail infrastructure projects in India.

Samsung Heavy Industries has energy and shipping projects in India.

Alstom is currently executing metro projects in several Indian cities.

Siemens focuses on electrification, automation and digitization in India.

Hitachi India operates in engineering, procurement and civil construction.

ENABLING ENVIRONMENT

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

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Events

Dec 03,2022

6th National Summit Insolvency & Bankruptcy Code and Valuation
Dec 03,2022

Virtual Workshop on Industry 4.0 Overview Making MSMEs more efficient and competitive
Dec 05,2022

FICCI-CMSME: Annual MSME Summit 2022- Pushing Sustainable MSME Growth in India and MSME Ecosystem Awards
Dec 05,2022

Role of Youth in Making India Free from Smuggling & Counterfeiting
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