Bengaluru - Union Minister for Heavy Industries and Steel HD Kumaraswamy unveiled the National Capital Goods Policy 2025 during the IMTEX 2025 inauguration in Bengaluru.

The policy aims to strategically position India as a global leader in manufacturing, with a comprehensive framework designed to foster innovation, reduce import dependencies, and enhance industrial competitiveness.

Karnataka’s Large and Medium Industries Minister MB Patil provided a compelling outlook for the machine tool industry, projecting revenues to reach USD 3.8 billion by 2030.

Currently ranking 9th globally in production and 7th in consumption, the . . .