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Why India is betting $1.2 billion on homegrown construction equipment

Times of India

WorldTimes of India·Aug 21, 2026·1 min read

Why India is betting $1.2 billion on homegrown construction equipment

India plans a $1.2 billion incentive scheme for advanced equipment manufacturing. This initiative aims to reduce reliance on China for critical machinery. The government expects fresh investment and domestic production growth over seven…

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