India has a strong engineering, industrial and capital goods base. The engineering sector is the largest segment of Indian Industry. The important groups within the engineering industry include machinery & instruments, castings, forgings, fasteners, electronic goods and project exports.
Snapshots of Indian Engineering Industry
- The engineering sector employs over 4 million skilled and semi-skilled workers (direct and indirect).
- For the quarter ended June 2007, the total engineering production was about US$ 5 billion.
- The power & infrastructure sectors are the largest contributor to the revenues of engineering companies.
- The industrial segment contributes to around 30 per cent of the total revenues of the engineering sector.
- FDI inflows of US$ 1,196.73 million from August 1991-July 2006
- Exports of engineering goods in 2006-07 - US$ 27 billion (36% growth year on year)
- 40% of India’s engineering export is from the small and medium enterprises (SME) sector.
- Exports could touch US$ 30 billion by 2008-09
Subcategories
- Pump & Pumping Equipment
- Processing Machines
- Food Processing Machines
- Packaging Machines
- Printing Machines
