Govt may expand construction equipment localization scheme to include port infra, container components
The scheme, originally designed to incentivize local manufacturing capacity of specialized construction equipment spare parts, was allocated ₹200 crore under the heavy industries ministry for FY27. However, it has not been notified yet. Construction equipment includes bulldozers, road rollers, tunnel-boring machines, excavators, backhoe loaders, crawler cranes, and asphalt pavers.
Post Comment