Indian Capital Goods and Heavy Industries
India’s Capital Goods manufacturing industry serves as a strong base for its engagement across sectors such as Engineering, Construction, Infrastructure and Consumer goods, amongst others. The capital goods industry in FY 2018 -19 had an overall production figure amounting to $13.6 bn. Capital Goods industry in India provides approximately 1.4 million direct and 7 million indirect jobs. The Capital Goods in India has a market size of $ 43.2 bn. The industry is divided into 10 sub-sectors where Electrical equipment ($ 24.2 billion) is the largest sub-sector followed by Process Plant equipment ($3.7 billion), and Earthmoving & Mining machinery ($3.3 billion). Escalator and Elevator makers Johnson Lifts and Escalators (Only India based company, Plant - Oragadam, near Chennai) Otis (Plant - Bengaluru; new plant opened - 2012) Schindler (Plant - Chakan, near Pune; opened - 2017) Mitsubishi (Plant - Bengaluru; opened - 2016) Fujitec (Plant - Chengalpattu near Chennai, opened - 2010) Kone...
Comments
Post a Comment