Ministry of Heavy Industries
azadi ka amrit mahotsav

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)

S.N.

Sub-Sector of capital Goods

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25*

1

Machine Tools-Production

4230

4726

5803

7294

9612

6152

6602

9307

11956

13571

14286

2

Dies, Moulds and Press Tools

14647

15000

14750

16068

13600

13682

12294

13128

13915

15600

18400

3

Textile Machinery

6960

6580

6650

6900

6865

5355

5093

11658

14033

14639

10461

4

Printing Machinery-Production

15748

16916

13986

12968

12390

12678

10058

13215

16107

23479

29716

5

Earthmoving and Mining Machinery

17000

18500

25000

31800

38900

31020

29021

28674

37551

73000

80750

6

Plastic Processing Machinery- Production

2950

2700

3000

3375

3100

2350

3710

3850

3912

4310

4827

7

Food Processing Machinery

20000

13206

15246

15600

8750

7547

10250

12210

13203

13863

15249

8

Process Plant Equipment

18900

19000

19500

18400

27400

29250

21938

24000

23415

27396

31505

9

Heavy Electrical Equipment

140308

147136

159257

176823

193781

179199

167706

219158

258832

302900

372200

*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 of Competitiveness 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)
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