The export value of earthmoving and mining machinery across India was approximately 27.95 billion Indian rupees in fiscal year 2022, up from around 18.16 billion rupees in fiscal year 2021. The machine tool and heavy engineering sector forms a part of the capital goods segment. The industry provided approximately 1.4 million direct and seven million indirect employment opportunities. By 2022, the Indian electrical equipment industry was targeted to reach a market size of 100 billion U.S. dollars.
Export value of earthmoving and mining machinery in India from financial year 2016 to 2022
(in billion Indian rupees)
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Ministry of Heavy Industries. (February 10, 2023). Export value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. "Export value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees)." Chart. February 10, 2023. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. (2023). Export value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/
Ministry of Heavy Industries. "Export Value of Earthmoving and Mining Machinery in India from Financial Year 2016 to 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 10 Feb 2023, https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/
Ministry of Heavy Industries, Export value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/ (last visited November 15, 2024)
Export value of earthmoving and mining machinery in India from financial year 2016 to 2022 (in billion Indian rupees) [Graph], Ministry of Heavy Industries, February 10, 2023. [Online]. Available: https://www.statista.com/statistics/1266742/india-export-value-earthmoving-mining-machinery/