Question : Capital Goods Sector

(a) the steps being taken by the Government to enhance the competitiveness of Indian goods in the
capital goods sector;
(b) whether any step is being taken in this direction for the benefit of Micro, Small and Medium Enterprises (MSMEs) feeding raw material to heavy industries;
(c) if so, the details thereof and if not, the reasons therefor;
(d) whether there are any collaboration with leading technical institutes such as IITs for research and
development in this field; and
(e) if so, the details thereof and if not, the reasons therefor?

MINISTER OF STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI BABUL SUPRIYO)


(a) to (e): Department of Heavy Industry had launched the scheme namely “Enhancement of Competitiveness in the Indian Capital Goods Sector” in November 2014. The objective of the Scheme includes addressing the constraints faced by the capital goods industry such as lack of cutting edge technology and R&D support, lack of involvement of reputed academia and research institutes in the area of applied research, absence of common engineering facilities, sector specific industrial cluster park. The scheme includes setting up of Centre of Excellence (CoE) for research & development at reputed academia / R&D institute by collaboration between industry academia, research institute and the Government. The scheme provides financial assistance for technology transfer under Technology Acquisition Fund Program (TAFP) to capital goods manufacturing units and also for creating Common Industrial Integrated Infrastructural Facility such as Machine Tool Industrial Park and Common Engineering Facility Centres (CEFC).

The primary objective of the scheme is to support MSMEs in developing and acquiring new technologies in manufacturing of capital goods which are not available in the country. MSMEs are supported under the scheme by collaborating with reputed academia and institutes like IIT Madras, IIT Kharagpur, IIT Delhi, IISc Bangalore, PSG College of Technology and other leading institutes such as CMTI Bangalore, SiTarc Coimbatore, etc. under Centre of Excellence for development of Technology as well as under Technology Acquisition Fund Programme. A large number of MSMEs will be benefitted through the Common Engineering Facility Centres and Tumkuru Machine Tool Park.

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