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The Economic Times

Economy / The Economic Times

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Cabinet to take up scheme for manufacturing of construction gear

The Union Cabinet is poised to evaluate a new incentive scheme aimed at enhancing the production of advanced construction machinery domestically. As infrastructure development surges, the need for specialized equipment is escalating. The proposal, having completed inter-ministerial discussions, is now pending cabinet approval. Once approved, industry consultations will begin promptly.

27 Jul 2026 12:10 am