India Stimulus Package to Benefit Heavy Manufacturing Industry, an Industrial Info Market Brief
India announced a stimulus package worth $266 billion to revive the economy plus help the manufacturing sector to operate with less financial burden. Many manufacturing projects have stopped or been postponed due to a lack of financial backup. This support from the government will induce a new confidence in the heavy manufacturing sector. Industrial Info is tracking $8.75 billion in capital heavy manufacturing projects planned to kick off in India in the coming year. Click here for a list.
