H. Yoo
Research expert covering South Korea
Machinery industry in India - statistics & facts
The machinery industry is a branch of industry that deals with the production and maintenance of machines. It provides a means of production for entities in the manufacturing segment and construction industry including public utility sectors. It also provides supporting equipment for all sectors of the economy, including equipment for heating, ventilation, and air conditioning. A few of the prominent subsectors of the machinery industry in India include electrical equipment, earthmoving and mining machinery, and machine tools. Most of these subsectors allow 100 percent foreign direct investment (FDI).
