New comprehensive policy for capital goods sector soon
Government will soon come out with a comprehensive capital goods policy to create an ecosystem for a globally competitive sector leveraging concepts such as smart manufacturing, automation and IoT.
Oct 21, 2016, 16:12 PM IST
Govt clears capital goods policy, eyes 21 million new jobs
Union Cabinet on Wednesday approved the first-ever policy for the country's capital goods sector envisaging creation of over 21 million new jobs by 2025.
May 25, 2016, 16:25 PM IST
Govt approves first-ever policy for capital goods sector
The policy envisages increasing exports to 40 percent of production, from the current 27 percent, while increasing the share of domestic production in India's demand to 80 percent from 60 percent, potentially making India a net exporter of capital goods.
Feb 15, 2016, 18:52 PM IST
