It sets the objective of increasing exports to 40 per cent of total production (from Rs 61,000 crore to Rs 3,00,000 crore) by 2025, enabling India's share of global exports in capital goods to increase to 2.5 per cent and making the country a net exporter of capital goods.
The government's first-ever policy for the country's capital goods sector unveiled this week envisages creation of 21 million additional jobs by 2025.#
It also aims to significantly enhance availability of skilled manpower with higher productivity in the capital goods sector by training 50 lakh people by 2025, and create institutions to deliver the human resources with the skills, knowledge and capabilities to fuel growth and profitability. (SH)
ALCHEMPro News Desk – India
marketing@alchempro.com
