EconomyIndia set to approve $1.2 billion incentive plan for construction equipment, sources say
India is expected to approve a $1.2 billion incentive scheme for producing high-value, technologically sophisticated construction and infrastructure equipment, two government sources said. The plan aims to reduce the country’s reliance on China for critical machinery.
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Reuters★★★☆☆2026-08-21 07:15Original
India set to approve $1.2 billion incentive plan for construction equipment, sources say
Economy