Question : Heavy Industrial Equipment and Plants

(a) the amount of heavy industrial equipment and plants imported by India during the last five years, industry-wise;

(b) the cumulative projected imports of heavy industrial equipment and plants for the next ten years, sector-wise;

(c) whether the Government is aware of the heavy industrial equipment and plants imports and expenditure projected to achieve the target set for steel production by 2030 under the National Steel Policy;

(d) if so, the details thereof and the amount of foreign exchange India can save by developing them domestically;

(e) the steps taken by the Government to develop heavy engineering industry in the country to substitute import of the heavy engineering equipment and plants;

(f) whether the Government has plans to develop India into an export hub for heavy industrial equipment and plants; and

(g) if so, the details thereof and the outcome of the plans till now?

THE MINISTER OF HEAVY INDUSTRIES & PUBLIC ENTERPRISES
(SHRI PRAKASH JAVADEKAR)

(a) & (b): Industry-wise data of heavy industrial equipment and plants imported by India is not maintained in this Department.

(c) & (d): Government is aware that Indian steel companies import critical plant and machinery, other capital equipment, etc. due to lack of domestic manufacturing. The National Steel Policy 2017 envisages creation of 300 million tonnes of steel capacity in the country by 2030-31 which would require a projected investment of Rs.10 lakh Crore. This would include investment in plant and machinery. However, no projections have been made for expenditure on heavy industrial equipment and plant specifically.

(e) to (g): In order to encourage the technology development and to augment the manufacturing infrastructure in the Capital Goods Sector, Department of Heavy Industry launched a scheme for “Enhancement of Competitiveness in the Indian Capital Goods Sector” in the year 2014.
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