Increase in the Exports of Products
pertaining to Heavy Electrical Industries
·
Turbine, Generators and rotating machines, Transformers, Switch
Gears and control gears
·
Capital Goods
·
National Programme on Advanced
Chemistry Cell (ACC) Battery Storage’
·
Enhancement of Competitiveness in the Indian Capital Goods Sector
The export of
Heavy Electrical Equipment has increased during last three years as tabulated below:
|
In Rs. Crore |
|||
|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
|
41,677 |
52,910 |
60,698 |
63,839 |
As per the inputs provided by Manufacturers Association, the export
of products pertaining to Heavy Electrical Industries i.e. Turbine, Generators and
rotating machines, Transformers, Switch Gears and control gears, etc. has increased
in last three years.
In addition, India’s exports of indigenous products relating to Capital
Goods during the last three years:
|
Values in US $ million |
2018-19 |
2019-20 |
2020-21 |
Apr-Jan 2021 |
Apr-Jan 2022 |
|
India's Export of Indigenous products |
14323.24 |
13352.03 |
11337.87 |
9020.43 |
12013.02 |
As per the above table, India’s exports of indigenous
products relating to Capital Goods during the last three years has declined. However,
in the current year i.e. April-January 2022, it has increased over the last fiscal
i.e. April-January 2021 by more than 33%. The major products whose exports have
increased are Nuclear Reactors, Industrial Boilers and Parts, Electric Machinery
and Equipment, IC Engines and Parts, Pumps of all types, Air condition and Refrigeration
Machinery and Parts, Industrial Furnaces, Water heaters and Centrifuges and Compressor,
Industrial Machinery for dairy, agriculture, food processing, textiles, paper, chemicals,
etc.
For promoting export of indigenous products, this
Ministry has launched the following two schemes to boost indigenous production and
make India a world class manufacturing destination:-
i) Production Linked Incentive
(PLI) scheme for Automobile and Auto Components - Union Cabinet on 15th
September, 2021 approved PLI scheme for Automobile and Auto Components with an outlay
of Rs.25,938 crore to incentivise manufacturing of Advanced
Automotive Technology products and attract investments in the automotive manufacturing
value chain. Its prime objectives include overcoming cost disabilities, creating
economies of scale and building a robust supply chain in areas of Advanced Automotive
Technology products. It is estimated that over a period of five years, the PLI Scheme
for Automobile and Auto Components Industry will attract fresh investment of over
₹42,500 crore, incremental production of over ₹2.3 lakh crore and will
create additional employment opportunities of over 7.5 lakh jobs.
i. scheme will facilitate the Automobile
Industry to move up the value chain into higher value added products and increase
India’s share in global automotive trade. Incentives are applicable on domestic
as well as exports sales.
ii) PLI Scheme ‘National Programme
on Advanced Chemistry Cell (ACC) Battery Storage’: PLI Scheme for ACC has been approved
by Union Cabinet on 12th May, 2021 and the Scheme has been notified on
9th June, 2021 for implementation of giga-scale
ACC manufacturing facilities in India. Through this Scheme, the Government of India
intends to optimally incentivize potential investors, both domestic and overseas,
to set- up Giga-scale ACC manufacturing facilities with emphasis on maximum value
addition and quality output and achieving pre committed capacity level within a
pre-defined time-period.
Ministry of Heavy Industries (MHI) is also implementing
the Scheme for “Enhancement of Competitiveness in the Indian Capital Goods Sector”
since 2014 in order to encourage the technology development and to augment the manufacturing
infrastructure in the Capital Goods sector for domestic as well as export purposes.
Also to augment the above efforts, MHI has notified the Scheme on Enhancement of Competitiveness in
The Indian Capital Goods Sector- Phase-II on January 25, 2022.
This information was given by the Minister of State
for Heavy Industries Krishan Pal Gurjar
in a written reply in the Lok Sabha on 29 March 2022.