Question

Discuss the growth and development of engineering industry.

Answer 1

Answer:

India's engineering R&D market will increase from US$ 36 billion in FY19 to US$ 42 billion by FY22. India needs Rs. 235 trillion (US$ 3.36 trillion) of investment in infrastructure in the next decade (2020 29). The export of engineering goods is expected to reach US$ 200 billion by 2030.

Answer 2

Answer:

India's engineering R&D market will increase from US$ 36 billion in FY19 to US$ 42 billion by FY22. India needs Rs. 235 trillion (US$ 3.36 trillion) of investment in infrastructure in the next decade (2020 29). The export of engineering goods is expected to reach US$ 200 billion by 2030.