Addressing the inaugural session of 21st Refinery Technology Meet, Pradhan said his ministry has been emphasising on innovation and strengthening R&D wing.
Stating that Prime Minster Narendra Modi wanted 10 per cent cut in the imports by 2022, the minister said three fourth of the demand would be met by 2040.
However, he admitted that there has been gap between, innovation, industry and policy which was hampering the growth.
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