Piyush Goyal appeals to reduce dependence on imports, focus on environmentally friendly construction

Piyush Goyal, Commerce and Industry Minister made an appeal to industries to minimize imports and emphasize on clean and green power. He also called for an emphasis on earthquake-resistant buildings and environmentally friendly infrastructure construction.

Speaking at the inauguration ceremony of the first edition of 'Vibrant Buildcon 2025' of the Chemicals and Allied Products Export Promotion Council (CAPEXIL) in New Delhi, he said that 'sectors like housing, infrastructure, commercial real estate, railways, airports, highways, and energy play an important role in increasing the country's economic growth. He said, 'Every element from cement and electricals to security systems and automation plays a role in this ecosystem.'

Goyal said the government is working on plans to build 20 new smart industrial cities, better tourism infrastructure in 50 tourist destinations, and 100 new industrial plug-and-play hubs. He said the government's initiatives will help India grow from the current $4 trillion economy to $30-35 trillion by 2047.