The Department of Heavy Industries (DHI) in the ministry of heavy industries and public enterprises is the parent ministry responsible for the growth and development of the machine tool industry in India. Accordingly, any views that the industry would like to represent on issues important to the machine tool industry is generally submitted to the DHI. The association has been working closely with DHI on various issues over the last few years.
MHI Scheme for Enhancement of CG- Phase II
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The Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector was implemented in the 12th Plan period and spill over to the 13th Plan period with an estimated outlay of Rs. 930.96 crore. The Gross Budgetary Support (GBS) from the government for the scheme would be Rs. 581.22 crore and the balance Rs. 349.74 crore would be contributed by the stakeholder industries.
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