India is set to approve a $1.2-billion incentive scheme to boost domestic production of high-value construction equipment, including tunnel boring machines, and reduce import dependence on China. The programme is expected to attract $1.8 billion in investment over seven years.

India is set to approve a $1.2-billion incentive scheme to boost domestic production of high-value construction equipment, including tunnel boring machines, and reduce import…

India is set to approve a $1.2-billion incentive scheme for manufacturing high-value and technologically advanced construction and infrastructure equipment, as the government…