MHI sanctions nine projects for setting up of new advanced Centres of Excellence (CoEs) and augmentation of existing CoE under Phase 2 of Enhancement of Competitiveness in the Indian Capital Goods Sector scheme

Five projects for setting up of Common Engineering Facility Centres and augmentation of existing CEFCs also sanctioned so far

Dec 19, 2023 - 15:45
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MHI  sanctions nine projects for setting up of new advanced Centres of Excellence (CoEs) and augmentation of existing CoE under Phase 2 of Enhancement of Competitiveness in the Indian Capital Goods Sector scheme

Ministry of Heavy Industries (MHI) launched the Scheme “Enhancement of Competitiveness in the Indian Capital Goods Sector” in the year 2014with a total outlay of Rs. 995.96 crores and a budgetary support of Rs. 631.22 crores in order to address the infrastructure development and technology needs for the Capital Goods Sector,

Under the Scheme, eight (08) Centres of Excellence (CoEs) for technology development and Fifteen Common Engineering Facility Centres (CEFCs) including four Industry 4.0 SAMARTH centres and six (06) technology innovation platforms have been established.

On 25thJanuary, 2022, MHI notified the Phase 2 of the Scheme with a financial outlay of Rs. 1207 crores, budgetary support of Rs.975 crore and industry contribution of Rs.232 crores. A total of nine (09) projects for setting up of new advanced CoE and augmentation of existing CoE and five(05) projects for setting up of CEFCs and augmentation of existing CEFCs have been sanctioned so far under the Phase 2 of the Scheme.

Under the component, Technology Acquisition Fund Programme (TAFP) of the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase 1, five foreign manufacturing technologies have been acquired as per the details given below:

 

(Amount in Rs crore)

Project Authority

Technology Acquired

Total Project Cost

Total MHI grant released

HMT Machine Tools Limited, Bengaluru

Development of Four Guide way CNC Lathe

 

4.40

1.10

HMT Machine Tools Limited, Bengaluru

Development of a Turn Mill Centre with Y axis SB CNC30TMY and integrate high precision C axis on the Main Spindle

 

1.5280

0.2292

Allied Engineering Pvt. Ltd., Delhi

Manufacture of heavy duty electrical specialized power cables

 

14.33

3.58375

PTC Industries Ltd., Lucknow

Development of the first ever titanium casting facility in India

 

51.02

10.00

IPM Pvt. Ltd., Delhi

Development of Robotic Laser Cladding Technology for hydro turbines using tungsten carbide powder

4.975

1.2425

 

This information was given by the Minister of State for Heavy Industries, Shri Krishan Pal Gurjar, in a written reply in Lok Sabha today.

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