The engineering sector in India was valued at US$ 83.4 billion as of 2014, growing at a CAGR of 15.8 per cent during 2011 to 2014. Overall market production was valued at US$ 80.5 billion in 2014, up 17.8 per cent from 2011. The market size of capital goods and engineering sector is expected to reach US$ 125.4 billion by FY 2017.

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