Capital goods contribute 12% to the overall manufacturing in India
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
investment expected in engineering R&D sector by 2025
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.
The objective of PHASE 2 is to expand and enlarge the impact created by Phase I pilot scheme, thereby providing greater impetus through creation of a strong and globally competitive capital goods sector that contributes at least 25% to the manufacturing sector.
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.
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.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
India’s core production increased by 7.8% YoY in January 2023, …Read More
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India’s capital goods firms are expected to post a 16-18% …Read More