Commerce minister calls on construction sector to reduce import dependence, ET RealEstate

April 14, 2025
1 min read
Commerce minister calls on construction sector to reduce import dependence, ET RealEstate


<p>representative image</p>
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Commerce and industry minister Piyush Goyal Sunday asked the construction industry to reduce import dependence, focus on clean and green construction, and build earthquake-resistant and modular infrastructure.

“Our infrastructure will not be second best to anybody. It will truly be the best in the world, and for that, we have to reduce our import dependency,” Goyal said at the inauguration of the first edition of Chemicals & Allied Products Export Promotion Council’s (CAPEXIL) Vibrant Buildcon 2025.

“We have to make high-quality sanitaryware, furniture, plywood, chips of wood, solid steel and cement, most attractive lighting, and energy-efficient air conditioners. Everything we do will be best in class-our elevators, escalators, tiling, marble, carpets, sound systems, acoustics also could be better. There is no limit, except in our mind,” he said.

Noting that sectors including housing, infrastructure, commercial real estate, railways, airports, highways, and energy play a key role in boosting the country’s economic growth, Goyal said every element ranging from cement and electricals to security systems and automation play a role in this ecosystem.

The minister said government initiatives including setting up of 20 new smart industrial cities and 100 new industrial plug-and-play hubs would help India become a $30-35 trillion economy by 2047 from $4 trillion currently.

  • Published On Apr 14, 2025 at 10:10 AM IST

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