Industrial Schemes Khadi & Capital Goods: National Capital Goods Policy 2016, (Download PDF)

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Scheme for enhancing competitiveness of the Indian Capital Goods Sector in operation since 2014. Scheme provides infrastructural components for setting up Centre of Excellence (CoE) for technology development, Integrated Industrial Infrastructural Facility, Common Engineering Centre and Test and Certification Centre.

Scheme provides financial intervention through Technology Acquisition Fund Programme for acquisition or transfer of technology in Capital Goods Sector.

Industrial Schemes Khadi & Capital Goods

Industrial Schemes Khadi & Capital Goods

Industrial Schemes Khadi & Capital Goods

National Capital Goods Policy in 2016

  • Make India top Capital Goods producing countries and a net exporter of Capital Goods
  • Steps for increasing production, raising export level and improving technology depth.
  • Envisages supporting all units with technology, skills, common engineering facilities, and export promotion.

Capital Goods Scheme

  • Developing Integrated Machine Tool Park at Vasanthanarasapura near Tumkur in Karnataka in collaboration with the Government of Karnataka.
  • Supporting Common Engineering Facilities for textile engineering industry at Bardoli, Surat, Gujarat and TAGMA Centre of Excellence and Training for Dies & Moulds Industry at Chakan near Pune, Maharashtra.
  • Technology development at various Centers of Excellence (COEs) and technology acquisition facilitated by DHI will facilitate technology development and acquisition

Corporatization of Khadi and Village Industry

Khadi production and sales have increased year on year basis. Khadi production and sales for last three years are as follows with sales in 2016 - 17 reaching 2005.75

Khadi and Village Industry Commission (KVIC)

To generate rural employment and to promote various Khadi products, Khadi and Village Industry Commission (KVIC) gives assistance for Marketing and infrastructural development:

  • Renovation and modernization of sales outlets particularly computerization KVIC for financial assistance under ’Assistance for Marketing Infrastructure’ scheme.
  • Khadi Institutions provided Modified Marketing Development Assistance (MMDA) at 30 % of Prime cost of Khadi products.
  • Under the Scheme for ’Strengthening of Infrastructure of Existing Weak Khadi Institutions and Assistance for Marketing Infrastructure’, financial assistance is also provided for the renovation/modernization of Sales Outlets of institutions as well as Departmental Sales Outlets (DSOs) and State KVIBs.
  • Open premier “Khadi Showrooms” known as “Khadi Lounge” to make premier Khadi products including designer products in Jaipur, Mumbai and New Delhi and Premium Khadi sales outlets at Visakhapatnam and Lucknow airports.
  • MoU with National Institute of Fashion Technology (NIFT) to facilitate NIFT students to work on Khadi projects at grass root level and support better quality and better marketable products and garments.
  • A MoU between KVIC and Aditya Birla Fashion & Retail Ltd. (ABFRL) and Raymond for sale of Khadi fabricfor selling premium Khadi products in India and abroad.
  • Exhibitions for providing marketing support to the entrepreneurs/units.
  • Entrepreneurship Development Programme (EDP) for the beneficiaries of PMEGP to learn maintenance of accounts, sales technique, and other subjects regarding management of business.

What Are Capital Goods?

Goods that are used in producing other goods, rather than being bought by consumers.

- Published/Last Modified on: August 12, 2017

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