India must manufacture advanced technologies rather than simply consume them in large volumes. Union Minister for Heavy Industries and Steel HD Kumaraswamy emphasized this strategic mandate at Navigyaan 2026 in New Delhi today. Furthermore, the minister digitally launched the Impact Report of the Ministry of Heavy Industries Industry Accelerator Project. Under Prime Minister Narendra Modi’s leadership, India continues its rapid journey towards total technological self-reliance. Consequently, domestic manufacturing capabilities will now drive future economic expansion across mobility sectors.
Heavy Industries Ministry fuels technological innovation
Specifically, the Industry Accelerator project operated under the Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector Phase II. This broader capital goods initiative carries a massive financial outlay of Rs 1,207 crore.
| Key Metric | Allocation Details |
| Capital Goods Outlay | Rs 1,207 crore total outlay |
| Accelerator Grant-in-Aid | Rs 35.72 crore disbursed |
| Approved Technologies | 10 key projects funded |
| Technology Readiness | Progressed from TRL-3 to TRL-9 |
Additionally, the targeted financial support advanced ten critical mobility technologies from early prototypes to commercial products. Meanwhile, these high-tech innovations encompass electric powertrains, high-voltage motor control systems, and advanced energy storage systems.
Building indigenous intellectual property for global markets
Furthermore, Automotive Research Association of India (ARAI) and AMTIF successfully coordinated the execution of this accelerator initiative. The minister felicitated project teams for translating research concepts into commercially viable industrial applications.
Additionally, Kumaraswamy toured the startup exhibition showcasing predictive maintenance, sensors, and power electronics innovations. Therefore, public policy, academic research, and startup agility must unite to build resilient domestic supply chains. Ultimately, this collaborative national ecosystem will transition Indian innovation seamlessly from local prototypes into global markets.
