Heavy Industries Sector Performance And Policy Measures

13 Feb 2026 CW Team

Production, sales and exports for January to December 2025 were reported in million units: passenger vehicles production 5.38 mn, sales 4.49 mn and exports 0.86 mn; commercial vehicles production 1.11 mn, sales 1.03 mn and exports 0.09 mn; three wheeler production 1.22 mn, sales 0.79 mn and exports 0.43 mn; two wheeler production 25.5 mn, sales 20.5 mn and exports 4.94 mn. The presentation noted these flows as indicators of domestic demand and external market engagement.

The capital goods industry was assessed to contribute about 1.9 per cent of gross domestic product and to underpin domestic manufacturing capability. Production, import and export data for 2024–25 were provided in Rs crore and converted into million (mn) for clarity, with machine tools production Rs 142,860 mn, dies and moulds Rs 184,000 mn and earthmoving and mining machinery Rs 807,500 mn.

The ministry outlined schemes to promote domestic manufacturing and technological upgradation, noting the Production Linked Incentive scheme for automobile and auto components with an outlay of Rs 259,380 mn to incentivise advanced technologies with minimum 50 per cent domestic value addition, a PLI for advanced chemistry cell batteries of Rs 181,000 mn to support domestic manufacturing ecosystem for 50 GWh and the PM EDRIVE scheme with Rs 109,000 mn for electric mobility from 1 April 2024 to 31 March 2028. The phase two capital goods competitiveness scheme was cited with 29 sanctioned projects to support technology, testing and skilling. The information was given by the Minister of State for Heavy Industries in a written reply to the Lok Sabha and underlined intent to bolster manufacturing and skills across the heavy industries ecosystem.

"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."

As per information from the Society of Indian Automobile Manufacturers, the automobile sector accounts for 15 per cent of the country's GST revenue collections and supports 30 million (mn) jobs across the automotive value chain, including 4.2 mn direct and 26.5 mn indirect jobs. The ministry presented these figures in a status update on the heavy industries sector. The assessment described the sector as central to manufacturing growth and revenue. Production, sales and exports for January to December 2025 were reported in million units: passenger vehicles production 5.38 mn, sales 4.49 mn and exports 0.86 mn; commercial vehicles production 1.11 mn, sales 1.03 mn and exports 0.09 mn; three wheeler production 1.22 mn, sales 0.79 mn and exports 0.43 mn; two wheeler production 25.5 mn, sales 20.5 mn and exports 4.94 mn. The presentation noted these flows as indicators of domestic demand and external market engagement. The capital goods industry was assessed to contribute about 1.9 per cent of gross domestic product and to underpin domestic manufacturing capability. Production, import and export data for 2024–25 were provided in Rs crore and converted into million (mn) for clarity, with machine tools production Rs 142,860 mn, dies and moulds Rs 184,000 mn and earthmoving and mining machinery Rs 807,500 mn. The ministry outlined schemes to promote domestic manufacturing and technological upgradation, noting the Production Linked Incentive scheme for automobile and auto components with an outlay of Rs 259,380 mn to incentivise advanced technologies with minimum 50 per cent domestic value addition, a PLI for advanced chemistry cell batteries of Rs 181,000 mn to support domestic manufacturing ecosystem for 50 GWh and the PM EDRIVE scheme with Rs 109,000 mn for electric mobility from 1 April 2024 to 31 March 2028. The phase two capital goods competitiveness scheme was cited with 29 sanctioned projects to support technology, testing and skilling. The information was given by the Minister of State for Heavy Industries in a written reply to the Lok Sabha and underlined intent to bolster manufacturing and skills across the heavy industries ecosystem.

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..