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India's Engineering & Capital Goods Sector: A Booming Industry

Discover the robust growth and potential of India’s engineering and capital goods sector, driven by strong industrial production and significant contributions to GDP.

Investment & Expansion Opportunities Await

100% FDI

Allowed under the automatic route in engineering and capital goods manufacturing.

Rising FDI Inflow

Total FDI inflows reached $4.51 billion (April 2000 – June 2024).

Export Growth

Indian exports of engineering goods reached $109.32 billion in FY24, growing 2.1% YoY.

Key Investments in India's Engineering Sector

Larsen & Toubro

Revenue: $14.02 billion. India's leading infrastructure and engineering conglomerate.

Bharat Heavy Electricals Ltd (BHEL)

Revenue: $1.45 billion. Specializing in power transmission and heavy machinery manufacturing.

ABB India

Revenue: $1.06 billion. Advanced switchgear, control gear, and transformer production.

Growth Drivers in India's Engineering Industry

Infrastructure & Industrial Growth

National Infrastructure Pipeline (NIP): $1.3 trillion allocated for infrastructure development from FY20-FY25.

Smart Manufacturing & Industry 4.0

Government investment in AI, robotics, and automation in manufacturing driving growth.

Defence & Aerospace Engineering

$74.62 billion defence budget (FY24-25), supporting engineering firms and boosting exports.

Expansion of Electric & Heavy Machinery

India's power transformer market growing at 3% CAGR due to rising electricity demand.

Government Policies Supporting Growth
Government Policies Supporting Growth
1

Make in India

Encouraging local production and foreign partnerships.

2

PLI Scheme

Supporting $3.17 billion investment in auto and capital goods manufacturing.

3

Smart Cities

Development of Delhi-Mumbai Industrial Corridor (DMIC) across 7 states.

Why Invest in India's Engineering Sector?

Large Market Potential

Industry projected to exceed $150 billion by 2030, offering massive growth opportunities.

Benefit from open investment policies and strong government incentives for foreign investors.

Capital expenditure driving sector growth.

Engineering exports are expected to reach $200 billion by 2030.