The production value of earthmoving and mining machinery across India was approximately 286 billion Indian rupees in fiscal year 2022, down from around 310 billion rupees in fiscal year 2020. The machine tool and heavy engineering sector forms a part of the capital goods segment. The industry provided approximately 1.4 million direct and seven million indirect employment opportunities. By 2022, the Indian electrical equipment industry was targeted to reach a market size of 100 billion U.S. dollars.
Production value of earthmoving and mining machinery in India from financial year 2016 to 2022
(in billion Indian rupees)
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Ministry of Heavy Industries. (February 10, 2023). Production value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. "Production value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees)." Chart. February 10, 2023. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. (2023). Production value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. "Production Value of Earthmoving and Mining Machinery in India from Financial Year 2016 to 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 10 Feb 2023, https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/
Ministry of Heavy Industries, Production value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/ (last visited October 07, 2024)
Production value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) [Graph], Ministry of Heavy Industries, February 10, 2023. [Online]. Available: https://www.statista.com/statistics/1025103/india-production-value-earthmoving-mining-machinery/
