Capital Goods and Engineering
Driving Growth with Trusted Advisory
India’s capital goods and engineering industry stands at the center of the country’s manufacturing resurgence — supported by infrastructure spending, PLI schemes, green technology adoption, and global supply chain diversification. The sector is witnessing strong momentum in automation, exports, and capacity expansion, even as companies navigate evolving tax regimes, ESG compliance, and cost competitiveness.
At Baker Tilly ASA India, we work closely with engineering and capital goods manufacturers, EPC players, component makers, and automation specialists to help them scale efficiently, stay compliant, and achieve operational excellence. From market entry to expansion, M&A to restructuring, our cross-functional advisory approach delivers strategic, financial, and regulatory value across the industrial value chain.
Our services include:
- Project accounting and cost control for capital goods enterprises
- Entry structuring and regulatory compliance under Indian company and FDI norms
- Financial modeling and scenario planning for project investments
- Internal control and process audits improving delivery efficiency
- FEMA, SEZ, and cross-border advisory within Indian legal parameters
- Cost benchmarking and performance analytics for operational optimization
- ERP automation improving data accuracy and financial consolidation
- Risk assurance and cybersecurity for engineering and design systems
Industry Size
India’s engineering sector contributes 3.5% to GDP and employs over 8 million people across capital goods and allied industries.
Export Contribution
Industrial goods formed 35.2% of India’s total merchandise exports in FY25.
Growth Potential
India’s capital goods sector is projected to grow 9–11% in FY 2025, with profits rising up to 18% driven by infrastructure, energy, and renewable.
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