STATUS OF HEAVY INDUSTRIES SECTOR

• Heavy Industries Sector in India covers automobiles & auto components, capital goods, and heavy electrical equipment, administered by the Ministry of Heavy Industries (MHI).
• Auto sector alone contributes ~15% of India's GST revenue and supports ~30 million jobs (4.2 mn direct + 26.5 mn indirect); Capital Goods contributes ~1.9% of GDP.
• Strategic to Make in India, Aatmanirbhar Bharat, EV transition (Net-Zero 2070), and manufacturing share targets.