the indian capital goods industry head2right origins development of a strong and vibrant engineering sector has been at core industrial strategy in india since planning process was initiated 1951 emphasis that this received primarily influenced by erstwhile soviet union model which had made impressive progress rapid state led industrialization through mahalanobis supply oriented with basic on increasing rate accumulation saving gave central place superimposed over were other objectives balanced regional prevention concentration economic power small scale industries one primary import substitution pursued as priority owing to these historical factors today base is characterized large width products almost all major are domestically manufactured legacy policy even nations advanced sectors do not produce entire range