Home India Ministry of Heavy Industries INDIAN CAPITAL GOODS SECTOR...
Date: 2025-07-29 Category: Not Applicable State: Union Government Country: India

INDIAN CAPITAL GOODS SECTOR

Issued by Ministry of Heavy Industries · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Summary:** This report from the Ministry of Heavy Industries, dated July 29, 2025, details the growth in production of various subsectors within the Indian Capital Goods Sector from 2014 to 2025. The subsectors covered include Machine Tools, Dies, Moulds and Press Tools, Textile Machinery, Printing Machinery, Earthmoving and Mining Machinery, Plastic Processing Machinery, Food Processing Machinery, Process Plant Equipment, and Heavy Electrical Equipment. Production values (estimated for FY 2024-25) are provided in Rs. crore for each subsector across the specified years, showing varied growth trends. The Capital Goods Industry currently contributes approximately 1.9% of India's GDP. To bolster the sector, the Ministry of Heavy Industries (MHI) launched the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector Phase II on January 25, 2022. This scheme allocates a total financial outlay of Rs. 1207 crores, with Rs. 975 crores from budgetary support and Rs. 232 crores from industry contributions. Under this scheme, 33 projects have been approved, encompassing 9 Centres of Excellence (CoEs), 5 Common Engineering Facility Centres (CEFCs), 7 Testing and Certification Centres, 9 Industry Accelerators for Technology development, and 3 projects for the creation of Qualification Packs (QPs) for skill level 6 and above. This information was provided by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma, in a written reply in the Lok Sabha. Data sources include industry associations such as IEEMA, IMTMA, TAGMA, AFTPAI, PMMAI, PPMAI, TMMA, ICEMA and IPAMA.

Key Entities Referenced

Ministry of Heavy Industries: The Indian government ministry responsible for the capital goods sector and the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector. Indian Capital Goods Sector: The sector of the Indian economy focused on the production of capital goods, which contributes about 1.9% of India's GDP. Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector PhaseII: A scheme launched by the Ministry of Heavy Industries with a total financial outlay of Rs. 1207 crores to support technology development and services infrastructure in the Indian capital goods sector. Lok Sabha: The lower house of the Parliament of India, where information regarding the capital goods sector was provided in a written reply. Shri Bhupathiraju Srinivasa Varma: Minister of State for Heavy Industries. IEEMA: Industry Associations related to capital goods sector IMTMA: Industry Associations related to capital goods sector TAGMA: Industry Associations related to capital goods sector
Official Source Record View Original Source →
See Full Document Text
Ministry of Heavy Industries INDIAN CAPITAL GOODS SECTOR Posted On: 29 JUL 2025 4:37PM by PIB Delhi Details of growth in production of sub-sectors of Capital Goods Sectors from the year 2014 till the year 2025 is as below (in Rs. crore) Sub-Sector 2014- 2015- 2016- 2017- 2018- 2019- 2020- 2021- 2022- 2023- 2024- S.N. of capital 15 16 17 18 19 20 21 22 23 24 25* Goods Machine 1 Tools- 4230 4726 5803 7294 9612 6152 6602 9307 11956 13571 14286 Production Dies, 2 Moulds and 14647 15000 14750 16068 13600 13682 12294 13128 13915 15600 18400 Press Tools Textile 3 6960 6580 6650 6900 6865 5355 5093 11658 14033 14639 10461 Machinery Printing 4 Machinery- 15748 16916 13986 12968 12390 12678 10058 13215 16107 23479 29716 Production Earthmovin g and 5 17000 18500 25000 31800 38900 31020 29021 28674 37551 73000 80750 Mining Machinery Plastic Processing 6 2950 2700 3000 3375 3100 2350 3710 3850 3912 4310 4827 Machinery- Production Food 7 Processing 20000 13206 15246 15600 8750 7547 10250 12210 13203 13863 15249 Machinery Process 8 Plant 18900 19000 19500 18400 27400 29250 21938 24000 23415 27396 31505 Equipment Heavy 14030 14713 15925 17682 19378 17919 16770 21915 25883 30290 9 Electrical 372200 8 6 7 3 1 9 6 8 2 0 Equipment *Estimated data for FY 2024-25 Source: Industry Associations namely IEEMA, IMTMA, TAGMA, AFTPAI, PMMAI, PPMAI, TMMA, ICEMA & IPAMA As per the present estimates, the Capital Goods Industry contributes about 1.9% of GDPof the country. On January 25, 2022, Ministry of Heavy Industries (MHI) launched the “Scheme for Enhancement ofCompetitiveness in the Indian Capital Goods Sector- Phase-II” for providing assistance to Common Technology Development and Services Infrastructure with total financial outlay of Rs. 1207 crores with budgetary support of Rs.975 crores and Industry Contribution of Rs.232 crores. Under the Scheme, a total of 33 projects have been approved. These 33 projects include 9 Centres of Excellence (CoEs), 5 Common Engineering Facility Centres (CEFCs), 7 Testing and Certification Centres, 9 Industry Accelerators for Technology development and 3 projects for Creation of Qualification Packs (QPs) for skill level 6 and above. This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today. ***** TPJ/NJ (Release ID: 2149750)

Continue your research