National capital goods policy draft ready

New Delhi, Oct 23 (IANS) A draft National Policy on Capital Goods has been prepared, an official statement said on Friday.

The draft policy was prepared by the heavy industries department in consultation with industry associations and bodies, it said.

“This is the most critical sector for achieving the vision of ‘Make in India’ as the sector has multiplier effect on other sectors of economy,” the statement said, adding the policy is aimed at unlocking the potential and propelling India to become a global manufacturing powerhouse.

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