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Union Budget 2026-27

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India Plans $1.2 Billion Incentive Scheme to Boost Advanced Construction Equipment Manufacturing

India is preparing a $1.2-billion incentive scheme to boost domestic manufacturing of advanced construction equipment, including TBMs, firefighting systems and elevators.

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Government Clears 31 Electronics Component Projects Worth ₹7,877 Crore Under ECMS

The government has approved 31 new electronics component manufacturing projects worth ₹7,877 crore across 10 states, with expected production of ₹82,243 crore and...

ConstructionEquipmentGovernmentIndiaNews

Union Cabinet likely to clear incentive scheme for construction equipment manufacturing by August-end

The Union Cabinet is expected to approve a new incentive scheme by August-end to boost domestic construction and infrastructure equipment manufacturing, supporting India's...