Heavy Industrises - Setting up of IMTP



Setting up of IMTP

The Government proposes to set up Industrial Machine Tool Park in the country.

A Scheme on Enhancement of competitiveness in the Indian Capital Goods Sector has been notified by the Department of Heavy Industry in the Gazette of India on 5.11.2014. One of the components of the Scheme is setting up of “Integrated Industrial Infrastructure Facility” with the objective of making the machine tool sector more competitive by providing an ecosystem for production.



The Government has identified the location for setting up of the proposed Park in the country

This information was given today by Minister of State in the Ministry of Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply to Lok Sabha question.


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Industrial Growth in Heavy Industries Sector



               The Department of Heavy Industry obtains data from the concerned industrial bodies on the industrial growth of the Sectors dealt with by them.  No targets are set by the Department for achievement by the sectors.  Details of industrial performance achieved in these sectors is placed at Annexure.  As seen therein, growth in Capital Goods Sector and Electrical Equipment Sector have shown a negative trend while the Automotive Sector has shown a slender positive growth during this period.

             The Government has taken several initiatives to encourage new investments in the above sectors through the Automotive Mission Plan, National Electric Equipment Industry Mission Plan and Scheme on Enhancement of Competitiveness in Indian Capital Goods Sector.


Products
Unit
2011-12
2012-13
2013-14


Automobile Sector

Passenger Vehicles, Commercial Vehicles Three Wheelers, Two Wheelers
Number
2,03,82,024
2,06,26,227
2,14,81,526


Heavy Electrical Equipment Industry Sector (information provided by IEEMA)

Boilers, Turbines, Generators

Rs. Crore
36,227
36,435
24,270
Transformers

Rs. Crore
12,375
10,510
10,270
Total

Rs. Crore
48602
46945
34540
Capital Goods Sector

Machine Tools

Rs. Crore
4299
3855
3481
Plastic

Rs. Crore
2060
1625
2070
Earthmoving & Mining Machinery

Rs. Crore
18000
16600
16000
Metallurgical Machinery

Rs. Crore
1300
1100
1200
Textile Machinery

Rs. Crore
5280
5650
6480
Process Plant equipment

Rs. Crore
19861
17000
18000
Dies, Mould& Press Tools

Rs. Crore
13421
11500
13000
Total Capital Goods

Rs. Crore
64221
57330
60231

 This information was given today by Minister of State in the Ministry of Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply to Lok Sabha question.

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Making Investor Friendly Policies

Society of Indian Automobile Manufacturers (SIAM) and Automotive Component Manufacturers Association of India (ACMA) submit pre budget memorandum every year which is considered by Government during preparation of annual budget. Government also received representations from automobile manufacturers time to time.

The Government has taken several initiatives for growth of automobile industry. At present, 100% FDI is allowed in automobile sector. The Government has also reduced excise duty rates on vehicles which has helped boost sales in the past several months. Further, the Government has drawn a ten year Automotive Mission Plan(AMP)2006-16 for the Indian Automotive Industry to maintain high rate of growth and to retain the attractiveness of Indian market and for further enhancing the competitiveness of Indian companies. The Mission plan is a corner stone of the govt. Policy for the sector. Apart from this, the Government has also taken several other initiatives to strengthen this sector; such as support to R&D projects through automotive cess funding; implementation of National Automotive R&D Infrastructure Project (NATRIP) for setting up of world class infrastructure for homologation and testing;setting up of the National Automotive Board(NAB) as a repository of auto R&D expertise and an apex coordinating body to address the need of collaborative R&D and synergizing the activities of NATRiP. The Government has also taken initiative for introducing Electric/Hybrid transportation in the country under National Electric Mobility Mission Plan (NEMMP) 2020 to provide clean mobility solutions to the people while reducing the country’s dependence on fossil fuel.

This information was given today by Minister of State in the Ministry of Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply to Lok Sabha question.

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Electrical Equipment Industry

The Government has not yet taken note of the poor state of electrical equipment industry in the country.

The domestic electrical equipment manufacturing industry has over the years installed sufficient capacity to cater to the demand of power sector. However, the domestic electrical equipment manufacturing industry facing severe problems on account of the following factors:

• Issues/ bottlenecks related to coal/fuel linkages, land, environmental clearances etc. resulting in a sharp decline in orders maturing in the domestic market.

• Orders getting deferred or being put on hold.

• Weak investment sentiments and financing constraints from the lending institutions.

• Customers’ constraints in releasing payments curtailing progress of some of the power projects.

• Intensified competition due to increased number of new players / Joint Ventures formed in the private sector in the Country for super-critical boilers and turbine generators thereby affecting price realization and impacting margins.

• Lack of level playing field including infrastructure bottlenecks suffered by the domestic industry vis-à-vis foreign suppliers/ manufacturers.

• Global slowdown and political turmoil resulting in lower demand for exports.

• Lack of domestic availability of critical inputs/ raw material.

• Shortage of skilled manpower.

On account of the above mentioned factors, the indigenous built-up manufacturing capacities currently stand under-utilized.

For the development of the domestic electrical equipment industry and to enhance its competitiveness, Government of India launched Indian Electrical Equipment Industry Mission Plan 2012-22 on 24.07.2013. It seeks to steer, coordinate synergise the efforts of all stakeholders to accelerate and sustain the growth of the industry. The Vision 2022 articulated in the Mission Plan is ‘to make India the country of choice for production of electrical equipment and reach an output of USD 100 billion by balancing exports and imports’. In this Mission Plan, five areas have been identified for strategic and policy interventions, both by the Government and the industry. These are: (i) industry competitiveness, (ii) technology up-gradation, (iii) skills development,(iv) exports, and (v) conversion of latent demand.

In all the five key areas, the Mission Plan has identified the current status/ areas of concern of the domestic electrical equipment industry, including detailed recommendations for strategic and policy interventions by different stakeholders, including the Government and the industry.

This information was given today by Minister of State in the Ministry of Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply to Lok Sabha question.

Heavy Industrises - Setting up of IMTP Heavy Industrises - Setting up of IMTP Reviewed by Ajit Kumar on 9:47 AM Rating: 5

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