अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » Economy » Target to make India a manufacturing hub of construction equipment: Gadkari

Target to make India a manufacturing hub of construction equipment: Gadkari

The minister assured the stakeholders to extend all possible support in developing technology centres in India.

By IANS
Updated on :
Gadkari says planning electric highway between Delhi, Mumbai

Union Minister Nitin Gadkari on Tuesday said the target is to make India a global manufacturing hub of construction equipment.

The Union Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways was addressing a webinar ‘CII’s Virtual Exhibition on Construction Equipment, Technology, Components and Aggregates’ through video conference.

He said, to achieve the objective of self reliance, manufacturing of various components and parts in the automobile sector which are presently being imported needs to be boosted.

The minister assured the stakeholders to extend all possible support in developing technology centres in India.

Gadkari stressed on the need for research and cost reduction without compromising quality.

“Entire industrial sector today is facing a lot of challenges in the wake of Covid-19 crisis but we have to fight all the challenges with a positive frame of mind and make the automobile industry a manufacturing hub for construction equipments,” Gadkari said.

Furthermore, the minister called for research, innovation and technology upgradation and emphasised on the need for joint ventures and foreign collaborations to get easy finance and compatible technology.

He added that work is going on for a new scrapping policy for the transport sector.

Gadkari also emphasised on clearing MSME dues by all on priority.

–IANS

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Related