A Study on Production and Export Performance of Engineering Goods Exports in India
Journal Title: IJAR-Indian Journal of Applied Research - Year 2015, Vol 5, Issue 6
Abstract
Indian engineering industry has witnessed an unprecedented growth in the past few years as a result of increased investment in infrastructure development and industrial production. India has a diversifie-d in dustrial machinery and capital base competent of catering to complex requirements and demands for an entire range of industrial machinery. This sector is very closely linked with the manufacturing and infrastructure sectors of the e-con omy. Indian engineering industry is highly competitive with a number of players in each segment. Growth in t-he do mestic engineering industry has been powered by user industries and several new projects undertaken in various core industries such as railways, power, and infrastructure. Capacity creation in sectors such as infrastructure, oil and gas, power, mining, automobiles, auto components, steel, refinery, and consumer durables drives this growth. This paper an attempt to analyze the performance of engineering industry in India for the year 2010-11 to 2014-15.
Authors and Affiliations
Dr. A. Muthusamy, S. Karpagalakshmi
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