Increase in Production of Capital Goods Sector
The Ministry of Heavy Industries reports a significant increase in the production of the capital goods sector from 2020-21 to 2024-25, with various sub-sectors showing growth. The capital goods industry contributes approximately 1.9% to the country's GDP. A scheme launched in 2022 aims to enhance competitiveness in this sector with a financial outlay of Rs. 1207 crores, supporting 33 approved projects.
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