CIE scheme to boost domestic manufacturing, cut import dependence: Kumaraswamy
Union Minister H.D. Kumaraswamy announced that a new Construction and Infrastructure Equipment scheme aims to boost domestic manufacturing and reduce import reliance. The government is considering an incentive outlay of ₹11,500 crore to support the sector's growth.
Why it matters
The initiative reflects India's strategic push toward industrial self-reliance and the modernization of its construction equipment manufacturing base.
The Construction and Infrastructure Equipment scheme announced in the Union Budget 2026-27 will boost domestic manufacturing, strengthen the local supply chain, and reduce excessive dependence on imports, Union Heavy Industries Minister H.D. Kumaraswamy said at the annual conference of the Indian Construction Equipment Manufacturers’ Association here on Tuesday (September 1, 2026).
The modalities of the scheme are yet to be finalised. While Union Finance Minister Nirmala Sitharaman in her Budget speech on February 1 had announced a scheme at an estimated cost of ₹200 crore, media reports suggest the government is considering a much broader programme, with an incentive outlay of ₹11,500 crore over seven years.
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