 "Centre to invest Rs 175 cr to raise competitiveness of Indian capital goods sector")
The central government has decided to grant about Rs 175 crore for Department of Heavy Industry’s scheme titled ‘Enhancement of Global Competitiveness of Indian Capital Goods Sector’. Launched in November 2014, the scheme has an outlay of Rs 975 crore including grant component of Rs 580 crore. Government of India has also approved five projects for the grant, thus giving impetus to the Make in India campaign.
The first project relates to a joint venture between Government of India and Government of Karnataka. Under this, 500 acres of land has been earmarked for the first of its kind Integrated Machine Tools Park to be set up near the Japanese park in NMIZ, Tumkur. The project cost of Rs 421 crore will be partially met from the Government of India grant support of Rs 125 crore.
The Government support will enable raising quality of industrial infrastructure to global levels. When implemented fully, the park, which will house 117 machine tools units, is expected to double Indian turnover of machine tools to Rs 9,000 crore, with matching saving in imports/forex. More than one lac jobs in primary and secondary manufacturing sectors as well as in commercial/administrative arena are expected to be created. The uniqueness of the park is the global class of industrial infrastructure in plug and play model.
The park will also have reserved space for MSME as well as start-ups. The initiative is expected to serve as an example and role model for global level industrial facilities amid centre-state cooperation. A major constraint faced by the industry relating to low quality industrial infrastructure, will thus be over.
The second project relates to setting up a welding technology Centre of Excellence in PSG College of Technology, Coimbatore. In order to give fillip to the quality and numbers of welding professionals required for ‘Make in India’, PSG has proposed to set up a modern welding technology centre of excellence in collaboration with major stake holders like Welding Research Institute, manufacturers of welding equipment/ products and FICCI, etc.
The Centre of Excellence will support Indian manufacturers by proving latest technologies developed by the centre for home-made welding machine tools, consumables and locally trained manpower particularly in high-end welding jobs required by strategic sectors. The total budget excluding land and building (to be provided by PSG) is estimated to be Rs 26.7 crore. Out of this, the government will provide Rs 21.10 crore and the rest will be provided by the industry and the institute.
The third approval has been given to HMT Machine Tools Limited, a PSU, which pioneered setting up and growth of machine tool industry in India. HMT is modernising its product portfolio through this proposal by manufacturing latest lathe and turning mill centre. For this, they are collaborating with Fraunhofer of Germany, the leading industrial technology development institute of the world. As a result, HMT will be in a position to supply most modern and latest range of machines to railways, defence, shipping, aviation and aerospace etc. Centre will provide a grant of Rs 1.54 crores to HMT, which will be the first step towards technology modernisation.
The fourth proposal is from HEC, Ranchi, a central PSU in the area of manufacture of heavy engineering equipment. Set up with USSR collaboration, HEC remains the premier PSU making heavy engineering equipment, with few parallels in the world. Under the present approval, HEC has collaborated with Messrs CNIITMASH - a Russian government industrial technology research institute. The importance of the collaboration is in the fact that after several decades, closely held and strategically significant technologies will again flow to the public sector in India.
The proposal is for imparting training to 1350 engineers in three years in the latest technologies relating to electro slag re-melting, welding, gear box manufacturing and non-destructive testing. The project size is envisaged at Rs 50 crores, out of which the Government component will be Rs 30 crores, which will be given to the Russian institute for their knowledge support in creating the four training centres. HEC will sign MoU with other stake holders units and run nine courses for the benefit of Indian manufacturing sector.
The first project relates to a joint venture between Government of India and Government of Karnataka. Under this, 500 acres of land has been earmarked for the first of its kind Integrated Machine Tools Park to be set up near the Japanese park in NMIZ, Tumkur. The project cost of Rs 421 crore will be partially met from the Government of India grant support of Rs 125 crore.
The Government support will enable raising quality of industrial infrastructure to global levels. When implemented fully, the park, which will house 117 machine tools units, is expected to double Indian turnover of machine tools to Rs 9,000 crore, with matching saving in imports/forex. More than one lac jobs in primary and secondary manufacturing sectors as well as in commercial/administrative arena are expected to be created. The uniqueness of the park is the global class of industrial infrastructure in plug and play model.
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The second project relates to setting up a welding technology Centre of Excellence in PSG College of Technology, Coimbatore. In order to give fillip to the quality and numbers of welding professionals required for ‘Make in India’, PSG has proposed to set up a modern welding technology centre of excellence in collaboration with major stake holders like Welding Research Institute, manufacturers of welding equipment/ products and FICCI, etc.
The Centre of Excellence will support Indian manufacturers by proving latest technologies developed by the centre for home-made welding machine tools, consumables and locally trained manpower particularly in high-end welding jobs required by strategic sectors. The total budget excluding land and building (to be provided by PSG) is estimated to be Rs 26.7 crore. Out of this, the government will provide Rs 21.10 crore and the rest will be provided by the industry and the institute.
The third approval has been given to HMT Machine Tools Limited, a PSU, which pioneered setting up and growth of machine tool industry in India. HMT is modernising its product portfolio through this proposal by manufacturing latest lathe and turning mill centre. For this, they are collaborating with Fraunhofer of Germany, the leading industrial technology development institute of the world. As a result, HMT will be in a position to supply most modern and latest range of machines to railways, defence, shipping, aviation and aerospace etc. Centre will provide a grant of Rs 1.54 crores to HMT, which will be the first step towards technology modernisation.
The fourth proposal is from HEC, Ranchi, a central PSU in the area of manufacture of heavy engineering equipment. Set up with USSR collaboration, HEC remains the premier PSU making heavy engineering equipment, with few parallels in the world. Under the present approval, HEC has collaborated with Messrs CNIITMASH - a Russian government industrial technology research institute. The importance of the collaboration is in the fact that after several decades, closely held and strategically significant technologies will again flow to the public sector in India.
The proposal is for imparting training to 1350 engineers in three years in the latest technologies relating to electro slag re-melting, welding, gear box manufacturing and non-destructive testing. The project size is envisaged at Rs 50 crores, out of which the Government component will be Rs 30 crores, which will be given to the Russian institute for their knowledge support in creating the four training centres. HEC will sign MoU with other stake holders units and run nine courses for the benefit of Indian manufacturing sector.