India, April 2 -- The Government of India issued the following news release:
Introduction
According to the Ministry of Heavy Industries, heavy engineering and machine tools sector comprises of capital goods industry. India's capital goods sector is experiencing significant attention due to its critical role in driving industrial growth and economic development. This sector encompasses industries such as electrical equipment, machinery, and construction, which are essential for the country's infrastructure development. According to the Indian Electrical and Electronics Manufacturers' Association (IEEMA), the electrical equipment industry witnessed consistent double-digit growth in power equipment, particularly transmission equipment and tr...