Home India Ministry of Heavy Industries NEW INDUSTRIAL PROJECTS...
Date: 2026-03-24 Category: Press Release State: Union Government Country: India

NEW INDUSTRIAL PROJECTS

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

**Summary of New Industrial Projects and Capital Expenditure (2022-2025)** **Overview** The Ministry of Heavy Industries (MHI) has released data regarding the capital expenditure (CapEx) incurred by operational Central Public Sector Enterprises (CPSEs) under its administrative control. These investments are directed toward setting up new plants and machinery, expanding existing facilities, and manufacturing new products. **Financial Performance and Metrics** The total CapEx across 16 identified CPSEs has shown a steady upward trend over the last three financial years. The total annual investments are as follows: * **2022-23:** Rs. 340.5809 Crore * **2023-24:** Rs. 388.9402 Crore * **2024-25:** Rs. 577.4089 Crore **Key CPSE Investment Highlights (Rs. in Crore)** * **Bharat Heavy Electricals Ltd. (BHEL):** Remains the largest investor, significantly increasing its CapEx from Rs. 262.00 in 2022-23 to Rs. 536.00 in 2024-25. * **Cement Corporation of India Ltd.:** Recorded a notable spike in investment during 2023-24 at Rs. 55.9367. * **Andrew Yule and Company Ltd.:** Expenditure trended downward from Rs. 42.6900 in 2022-23 to Rs. 8.2400 in 2024-25. * **Heavy Engineering Corporation Ltd.:** Investment ceased in 2024-25 (Rs. 0.00) following a peak of Rs. 5.1652 in 2022-23. * **Other participating entities include:** Braithwaite, Burn & Jessop Construction Ltd., Bridge & Roof Company (India) Ltd., Engineering Projects (India) Ltd., various HMT subsidiaries, Hindustan Salts Ltd., Sambhar Salts Ltd., Instrumentation Ltd., NEPA Ltd., Rajasthan Electronics & Instruments Ltd., and Richardson and Cruddas (1972) Ltd. **Source and Contact Information** This information was officially presented by Shri Bhupathiraju Srinivasa Varma, Minister of State for Heavy Industries, in a written reply to the Lok Sabha on March 24, 2026. * **Release ID:** 2244554 * **Issuing Authority:** Press Information Bureau (PIB) Delhi, Ministry of Heavy Industries.

Key Entities Referenced

Ministry of Heavy Industries: The primary administrative body overseeing the Central Public Sector Enterprises and their capital expenditure for industrial expansion. Central Public Sector Enterprises (CPSEs): The group of operational entities incurring capital expenditure (CapEx) for setting up new plants, machinery, and manufacturing products. Shri Bhupathiraju Srinivasa Varma: The Minister of State for Heavy Industries who provided the official investment data in a written reply. Lok Sabha: The lower house of the Indian Parliament where the information regarding new industrial projects and CPSE investments was presented.
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Ministry of Heavy Industries NEW INDUSTRIAL PROJECTS Posted On: 24 MAR 2026 5:12PM by PIB Delhi The operational Central Public Sector Enterprises (CPSEs) under the administrative control of the Ministry of Heavy Industries (MHI) incur capital expenditure (CapEx) for the purpose of setting up of new plants & machinery for expansion and manufacture of new products. The CPSE-wise investment/ CapEx made during the last 3 financial years is as under:- (Rs. in Crore) Sl. No. Name of CPSE 2022-23 2023-24 2024-25 1. Andrew Yule and Company Ltd. 42.6900 20.2700 8.2400 2. Bharat Heavy Electricals Ltd. 262.00 287.00 536.00 3. Braithwaite, Burn & Jessop Construction Ltd. 3.5226 0.4764 0.3476 4. Bridge & Roof Company (India) Ltd. 5.7264 4.1678 2.4204 5. Cement Corporation of India Ltd. 4.7190 55.9367 21.0924 6. Engineering Projects (India) Ltd. 0.8871 0.4402 0.3154 7. Heavy Engineering Corporation Ltd. 5.1652 0.0262 0.00 8. HMT Ltd. 1.5100 0.6400 0.0100 9. HMT Machine Tools Ltd. 6.9100 3.9800 2.2000 10. HMT (International) Ltd. 0.0443 0.0223 0.0022 11. Hindustan Salts Ltd. 0.4149 1.6546 0.0199 12. Sambhar Salts Ltd. 4.7085 9.2352 5.1193 13. Instrumentation Ltd. 1.3668 0.5854 0.620114. NEPA Ltd. 0.7700 4.3349 0.8524 15. Rajasthan Electronics & Instruments Ltd. 0.0890 0.1672 0.0743 16. Richardson and Cruddas (1972) Ltd. 0.0571 0.0033 0.0949 Total 340.5809 388.9402 577.4089 This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha. **** TPJ (Release ID: 2244554) Visitor Counter : 148 Read this release in: Urdu , ही

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