Engineering Industry in India

Engineering goods exports constituted more than 27% share of India's total export basket between April-December 2021.

Advantage India

Robust
Demand

* Capacity creation in sectors such as infrastructure, power, mining, oil and gas, refinery, steel, automotive, and consumer durables is driving demand in the engineering sector.

* Rising demand for electrical and construction equipment.

Robust Demand Icon

Attractive
Opportunities

* In 2019, the government announced investment of Rs. 100 lakh crore (US$ 1.5 trillion) in infrastructure development over the next five years.

* The government has proposed to grant Rs. 10 million (US$ 125,197) to MSMEs within just 59 minutes through the online portal.

Attractive Opportunities

Policy
support

*De-licensed engineering sector; 100% FDI permitted.

*According to Crisil, the government's push towards better infrastructure, increased budgetary allocation and economic recovery will boost revenue of engineering and capital goods companies by 15% in FY22.

*In the Union Budget 22-23, the government gave a massive push to the infrastructure sector by allocating Rs. 199,107 crore (US$ 26.52 billion) to enhance the transport infrastructure.

Policy Support

Higher
Investments

* India’s comparative advantage vis-a-vis peers in terms of manufacturing cost, market knowledge, technology and creativity is leading to higher investment.

* Highly organised sector - dominated by large players employing over 4 million skilled and semi-skilled labour.

Higher Investments
Last updated: Oct, 2022

Engineering Clusters

  • Maharashtra
  • Tamil Nadu
  • Andhra Pradesh
  • Telangana
  • Gujarat
  • Karnataka
Engineering Clusters in India

Posters

MORE
BUILDING THE FUTURE

BUILDING THE FUTURE

Engineering sector accounts for 27% of the total factories in the industrial sectors and represents 63% of the overall foreign collaborations.

IBEF Campaigns

MORE
India Organic Biofach 2022

India Organic Biofach 2022

Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...

10th India Trend Fair 2022

10th India Trend Fair 2022

The Tenth Edition of the India Trend Fair, Tokyo, Japan is being organised ...

Case Studies

MORE

India's Infrastructure Ambitions

India's Infrastructure Ambitions

India is one of the world's fastest-growing economies, and infrastructure will play a massive role in helping the country take a huge development ...

SERVICE EXPORTS Moving Up The Value Chain

SERVICE EXPORTS Moving Up The Value Chain

India’s services industry is vast and the country has significant global standing in terms of services produced and exported. The sector contrib...

The Rise of India's Defence Exports

The Rise of India's Defence Exports

The Indian armed forces are one of the most powerful forces in the world comprising three divisions: the Indian Army, Indian Navy and Indian Air Force...

IBEF BLOG

MORE
Automobile Exports of India
30 Sep 2022

Automobile Exports of India

Introduction India is one of the world's largest automobile producers,...

The Textile and Apparel Exports of India
30 Sep 2022

The Textile and Apparel Exports of India

The Indian Textile and Apparel Industry The Indian Textile and Apparel Ind...

India’s Rising Infrastructure Development
28 Sep 2022

India’s Rising Infrastructure Development

India’s Rising Infrastructure Development The key to India's tra...

Partners
Loading...