Ministry of Heavy Industries
INCREASE IN PRODUCTION OF CAPITAL GOODS SECTOR
Posted On:
08 AUG 2025 4:10PM by PIB Delhi
The increase in the production in the capital goods sector since 2020-21;
(in Rs. crore)
|
S.N.
|
Sub-Sector of capital Goods
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
2024-25*
|
|
1
|
Machine Tools-Production
|
6602
|
9307
|
11956
|
13571
|
14286
|
|
2
|
Dies, Moulds and Press Tools
|
12294
|
13128
|
13915
|
15600
|
18400
|
|
3
|
Textile Machinery
|
5093
|
11658
|
14033
|
14639
|
10461
|
|
4
|
Printing Machinery-Production
|
10058
|
13215
|
16107
|
23479
|
29716
|
|
5
|
Earthmoving and Mining Machinery
|
29021
|
28674
|
37551
|
73000
|
80750
|
|
6
|
Plastic Processing Machinery- Production
|
3710
|
3850
|
3912
|
4310
|
4827
|
|
7
|
Food Processing Machinery
|
10250
|
12210
|
13203
|
13863
|
15249
|
|
8
|
Process Plant Equipment
|
21938
|
24000
|
23415
|
27396
|
31505
|
|
9
|
Heavy Electrical Equipment
|
167706
|
219158
|
258832
|
302900
|
372200
|
*Estimated data for FY 2024-25
Source: Industry Associations namely IEEMA, IMTMA, TAGMA, AFTPAI, PMMAI, PPMAI, TMMA, ICEMA and 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 and Steel, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.
*****
TPJ/NJ
(Release ID: 2154128)