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.
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
JSW MG Motor India Offers Up To Rs 60,000 Benefits On Hector
The limited-period anniversary programme is available through August 2026, with exchange, loyalty and corporate benefits...
Royal Enfield HunterHood Brings Street Culture Festival To Kochi
Royal Enfield’s HunterHood platform held its sixth edition in Kochi, bringing together music, art, skateboarding, urban ...
Hyundai Motor India Targets 1 Million Connected Car Sales By 2027
Hyundai Motor India has crossed 0.8 million cumulative connected car sales and aims to reach 1 million by 2027, as conne...


12 Dec 2023
3500 Views
Autocar Professional Bureau
