Capital Goods Scheme Phase II Sanctions 29 Projects

17 Mar 2026 CW Team

So far 29 projects have been sanctioned under the programme with a combined project cost of Rs 8,913.7 mn and sanctioned budgetary support of Rs 7,146.4 mn. A project review and monitoring committee has been constituted for each project to oversee implementation. The ministry intends regular reviews to ensure timely completion and effective utilisation of funds.

Sanctioned centres of excellence include initiatives by the Indian Institute of Technology Roorkee in Uttarakhand, augmentation at the Indian Institute of Technology Delhi and expansion at the Indian Institute of Science in Bengaluru, along with facilities at the Automotive Research Association of India in Pune and the Indian Institute of Technology Banaras Hindu University in Varanasi. Tamil Nadu projects include Si’Tarc in Coimbatore and augmentation at AMTDC, Indian Institute of Technology Madras.

Common engineering facility centres and testing and certification facilities have been supported at institutions such as IISc Bengaluru, ARAI Pune and BHEL, with upgrades also planned or under way in Karnataka, Maharashtra, Tamil Nadu, Punjab, Kerala, Madhya Pradesh and Telangana. Industry accelerators have been set up by ARTPARK at IISc Bengaluru, by CMTI and by academic partners to speed technology translation and industry collaboration.

Qualification packages include development of 23 qualification packs by the Automotive Skills Development Council and further packs by the Capital Goods Sector Skill Council, including specialised packages for higher skill levels. The minister of state for heavy industries provided the information in a written reply to the Rajya Sabha, indicating ongoing oversight.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Ministry of Heavy Industries is implementing the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector Phase II, with a total financial outlay of Rs 12,070 million (mn) and budgetary support of Rs 9,750 mn. The scheme aims to encourage technology development and augment manufacturing infrastructure in the capital goods sector. It supports research, testing and skills development through targeted investments. So far 29 projects have been sanctioned under the programme with a combined project cost of Rs 8,913.7 mn and sanctioned budgetary support of Rs 7,146.4 mn. A project review and monitoring committee has been constituted for each project to oversee implementation. The ministry intends regular reviews to ensure timely completion and effective utilisation of funds. Sanctioned centres of excellence include initiatives by the Indian Institute of Technology Roorkee in Uttarakhand, augmentation at the Indian Institute of Technology Delhi and expansion at the Indian Institute of Science in Bengaluru, along with facilities at the Automotive Research Association of India in Pune and the Indian Institute of Technology Banaras Hindu University in Varanasi. Tamil Nadu projects include Si’Tarc in Coimbatore and augmentation at AMTDC, Indian Institute of Technology Madras. Common engineering facility centres and testing and certification facilities have been supported at institutions such as IISc Bengaluru, ARAI Pune and BHEL, with upgrades also planned or under way in Karnataka, Maharashtra, Tamil Nadu, Punjab, Kerala, Madhya Pradesh and Telangana. Industry accelerators have been set up by ARTPARK at IISc Bengaluru, by CMTI and by academic partners to speed technology translation and industry collaboration. Qualification packages include development of 23 qualification packs by the Automotive Skills Development Council and further packs by the Capital Goods Sector Skill Council, including specialised packages for higher skill levels. The minister of state for heavy industries provided the information in a written reply to the Rajya Sabha, indicating ongoing oversight.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..