Current Affairs

ENHANCEMENT OF INDIAN CAPITAL GOODS SECTOR

ENHANCEMENT OF INDIAN CAPITAL GOODS SECTOR

There are six components under the scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase-II, namely:

The Scheme has a financial outlay of Rs. 1207 crore with budgetary support of Rs.975 crore and Industry Contribution of Rs.232 crore.

This information was given by the Union Minister for Heavy Industries and Steel, Shri H.D. kumaraswamy in a written reply in the Rajya Sabha today.

  1. Identification of Technologies through Technology Innovation Portals;
  2. Setting up of new Advanced Centres of Excellence and augmentation of Existing Centres of Excellence;
  3. Promotion of skilling in Capital Goods Sector–creation of Qualification packages for skill levels 6 and above;
  4. Setting up of Common Engineering Facility Centres (CEFCs) and augmentation of existing CEFCs;
  5. Augmentation of Existing Testing and Certification Centres; and
  6. Setting up of Industry Accelerators for Technology Development.

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