Invest In India

HEAVY INDUSTRIES


  • FDI is allowed in capital goods sectors like construction, engineering, infrastructure, consumer good, etc.
  • The capital goods industry in FY 2018 -19 had an overall production figure amounting to $13.6 bn.
  • Capital Goods industry in India to witness approximately 5 mn direct employment and 25 million indirect employment by 2025.
  • 100% FDI in capital goods sector is allowed under the automatic route.
  • Huge potential demand for power transmission and distribution (T&D) equipment owing to “Power for All” reforms and plan to add 93GW by 2022.
  • Significant potential in closing the import-export gap (import currently 3 times the exports).
  • Opportunity in nuclear capacity expansion, power capacity addition in future in Infrastructure, Mining, Oil & Gas, Steel & Automotive.
  • Introduced National Policy on Capital Goods 2016 that aims to treble production of capital goods in the sector.
  • India has a comparative advantage vis-à-vis its peers in terms of manufacturing costs, market knowledge, technology and creativity.