Policy for Capital Goods Introduced

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  • The government introduced a National Capital Goods Policy to spur capital goods sector and the Make in India initiative. Anant Geete, Minister, Heavy Industry and Public Enterprise unveiled the policy during the Make in India Week programme.
  • The policy envisages making India a net exporter of capital goods and aims at facilitating improvement in technology, increasing skill availability and promoting growth, Mr. Geete said.
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