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200 low-cost airports in next 20 years
This page has been last updated on - Nov 06, 2019
Snapshot
Building India of tomorrow
India’s Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. The industry contributed approximately $ 10.4 bn to exports in 2016-17.
Capital Goods industry in India provides approximately 1.4 mn direct and 7 mn indirect jobs.
Market-oriented reforms such as "Power for All" along with plans to add 93 GW by 2022 will generate huge demand for power transmission and distribution (T&D) equipment.
- By 2022, the Electrical equipment industry, comprising generation and T&D equipment, is targeted to reach a size of $ 100 bn
- By 2022, the T&D equipment segment is targeted to reach a size of $ 75 bn
100% FDI is allowed under the automatic route
For further details, please refer FDI Policy
12 %
Share in manufacturing
5 mn
Direct employment
40 %
T&D equipment demand
$5.5 bn
Electrical machinery exports
Direct and indirect employment expected to reach 5 mn and 25 mn, respectively by 2025
Indian generation and T&D equipment market to reach $ 100 bn by 2022
Indian Electrical equipment is the largest sub-sector followed by Plant equipment & Earth moving/ mining machinery
Industry Scenario
The Capital Goods in India has a market size of $ 43.2 bn.
The industry is divided into 10 sub-sectors where Electrical equipment is the largest sub-sector followed by Plant equipment, and Earthmoving/ Mining machinery. The market size of each of the sub-sectors are as follows:
- Heavy electrical equipment: $ 24.2 bn
- Process plant equipment: $ 3.7 bn
- Earth-moving and mining machinery: $ 3.3 bn
- Printing machinery: $ 3.01 bn
- Food processing machinery: $ 2.4 bn
- Dies, moulds and press tools: $ 2.3 bn
- Textile machinery: $ 1.8 bn
- Machine tools: $ 1.4 bn
- Plastic machinery: $ 0.5 bn
- Metallurgical machinery: $ 0.4 bn
Growth Drivers
Ageing equipment requires auto replacement
Opportunity for Transmission & Distribution (T&D) sectorHuge market potential
Target industry size of $ 100 bn by 2022The potential for closing import-export gap
The Capital Goods imports to India is approximately 3X the exportsMassive power capacity addition in future
Infrastructure, Power, Mining, Oil & Gas, Steel & AutomotiveNuclear capacity expansion
Significant business opportunity
Recent Announcements
The Central government plans to spend $ 459.7 mn to implement various programs under the National Capital Goods Policy
One of the world's leading engineering machinery manufacturers, China's Sany Heavy Industry plans $ 9.8 bn of investments
Construction & Real Estate
100 mn houses to be built under “Housing for all” by 2022
Energy
24x7 “Power for All” by 2019
Green Capital Goods
Help small to medium scale companies cut back on pollutants
Investible Projects
Investment Opportunities in Capital Goods
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Projects
6
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Opportunity
$65.29 mn
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Promoters
4
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District
6
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Private Projects
3
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Govt. Projects
3
Major Investors
Data on Map
Latest in Capital Goods
Event
China Machinex India 2019, Mumbai 11-13 Decem…
Report
Measures to Boost Economic Growth 2019: FM
Brochure
Union Budget Highlights 2019-20
Report
Setting up Business in India
FAQ
Frequently
Asked Questions
Where are the forms for 'project import scheme' available?
The general information and related forms relating to application for seeking concessional rate of customs duty under ’Project Import’ Scheme can be found at the following link.
What is the capital goods skill council?
Department of Heavy Industry has been instrumental in setting up Capital Goods Skill Council. Through this organization National Skill Standards are being notified with the purpose of defining skill needs of the industry. This way training institutions will be able to impart skills which are valued by employers in Industry. The Council has been targeted to benefit 10 million people in this way.
What is the funding pattern under TAFP?
Department of Heavy Industry has been instrumental in setting up Capital Goods Skill Council. Through this organization National Skill Standards are being notified with the purpose of defining skill needs of the industry. This way training institutions will be able to impart skills which are valued by employers in Industry. The Council has been targeted to benefit 10 million people in this way.
What is Technology Acquisition Fund Programme (TAFP)?
TAFP will provide financial assistance to Indian capital goods industry to facilitate acquisition of strategic and relevant technologies and also development of technologies through contract route, in-house route or JV.
What is the capital goods policy 2016?
National Capital Goods Policy is envisaged to provide ecosystem for capital goods growth and ensuring sustained incentive for domestic manufacturers to service domestic as well as export market demand.
Stakeholders
Government Ministry/ Department
Industry Scenario
- Agro & Food Processing Equipment; Technology Providers Association of India
- Engineering Export Promotion Council
- Indian Construction Equipment Manufactures' Association: ICEMA
- Indian Electrical and Electronics Manufacturers' Association
- Indian Machine Tools Manufacturers' Association
- Indian Printing, Packaging and Allied Machinery Manufacturers' Association
- Plastic Machinery Manufacturers Association of India
- Textile Machinery Manufacturers' Association
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By: Uday Munjal30 June, 04:34 PM
Gallery
Facilitating Start of Production: Fristam PumpsInvest India facilitates Fristam Pumps to start factory production in Maharashtr ... Read More -
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