India begins to China-proof its infra push after the TBM shock
Economic Times 1 hr ago·27 Jul 2026, 9:12 am
India is accelerating efforts to reduce its reliance on Chinese imports for critical infrastructure equipment. This shift follows recent delays in the supply of tunnel boring machines (TBMs), which have stalled key projects. The government is now pushing a new incentive scheme to boost domestic manufacturing of mining and construction machinery. This move aims to strengthen local supply chains, support the broader 'Make in India' initiative, and ensure a steady flow of equipment for future infrastructure and mining development.
For investors, this policy shift signals a growing opportunity in the domestic capital goods and manufacturing sectors. It reduces the risk of supply chain disruptions for major infrastructure players and encourages the growth of local ancillary industries. Market participants should watch for specific government announcements regarding the incentive scheme and monitor which domestic manufacturers are best positioned to benefit from this increased demand.
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