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 icon3333 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
India's Auto Component Metal Forming Market Set to Reach USD 90-95 Bn by FY30

auther Shruti Shiraguppi calendar01 Apr 2026

India's auto component sector has crossed USD 80 bn in size and turned net exporter, as global supply chains shift sourc...

Exclusive: Mahindra First Choice Wheels Appoints Ankit Dhanuka CFO; Vishal Agarwal to Exit

auther Ketan Thakkar calendar01 Apr 2026

Leadership change takes effect April 1 2026, as Mahindra taps internal talent for finance role.

Domestic PV Dispatches to Grow 7-8% in FY26; GST Cut Boosts Demand in H2

auther Arunima Pal calendar31 Mar 2026

PV dispatches to the domestic market for the full financial year 2026 are estimated to be in the range of 4.6-4.65 milli...