Gadkari envisions India as global leader in Construction Equipment Manufacturing by 2028 

he construction sector will have a significant contribution to the Prime Minister's vision to make India a carbon neutral economy  and said to achieve this goal, the government is embarking on major infrastructure and industrial projects that implement sustainable fuels. 

Autocar Professional BureauBy Autocar Professional Bureau calendar 12 Dec 2023 Views icon3374 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Gadkari envisions India as global leader in Construction Equipment Manufacturing by 2028 

The Minister for Road, Transport and Highways, Nitin Gadkari wants India to take the top spot when it comes to Construction Equipment Manufacturing, in the next five years.

"The construction sector in India currently ranks as the world's third-largest. Yet, by fostering collaborative endeavors among stakeholders, and corporations, and through substantial government support, we have the potential to propel it to the top spot within the next five years,” Gadkari said, addressing the 12th edition of the CII Excon 2023. 

Road to sustainability 

Talking at South Asia’s largest construction equipment trade fair organised by the Confederation of Indian Industry (CII), the minister emphasised that the construction sector will have a significant contribution to the Prime Minister's vision to make India a carbon neutral economy and said to achieve this goal, the government is embarking on major infrastructure and industrial projects that implement sustainable fuels. 

“Construction and mining operations consume 400 crore liters of diesel, which is quite detrimental to the environment and the economy. By embracing alternative fuels such as ethanol, methanol, and hydrogen, the construction and mining sectors can effectively reduce emissions. Precast concrete emerges as a commendable substitute for traditional concrete. We advocate for industry collaboration to bolster the capabilities of construction through the use of sustainable materials and alternative fuels,” he added. 

Chandrajit Banerjee, Director General, Confederation of Indian Industry, in the inaugural session said, “Currently, India's construction equipment industry is exporting to over 140 countries. To enhance sustainability and efficiency, private players in the construction sector should focus on automation, the adoption of advanced technologies, global best practices, the use of alternative fuels, and innovations in utilizing waste materials as raw materials for construction projects. This approach aims to reduce both the cost of construction and the rate of pollution.”

RELATED ARTICLES
Carmakers Enter FY27 with a Stronger Growth Outlook than Two-Wheeler Makers

auther Ketan Thakkar calendar09 May 2026

Passenger vehicle OEMs guide for double-digit expansion on SUV demand and capacity ramp-up; motorcycle makers see slower...

Hyundai’s Margin Repair Plan: Price Hikes, Lower Discounts And Chennai Ramp-Up

auther Ketan Thakkar calendar08 May 2026

The company says volume growth, calibrated price hikes, lower discounts, better Chennai utilisation and cost optimisatio...

Hyundai Plans Two New SUVs to Take On Maruti Victoris and Tata Nexon EV

auther Ketan Thakkar calendar08 May 2026

Bc4i crossover and HE1i electric SUV to lead Hyundai’s next growth cycle in India as the company looks to recover market...