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Commerce and Industry Minister Piyush Goyal on Sunday asked the construction industry players to reduce import dependency, focus on clean and green construction, and work towards earthquake-resistant and modular infrastructure.
Speaking during the inauguration of the first edition of Chemicals & Allied Products Export Promotion Council's (CAPEXIL) Vibrant Buildcon 2025, in New Delhi, he said sectors, including housing, infrastructure, commercial real estate, railways, airports, highways, and energy play a key role in boosting the country's economic growth.
"Every element, from cement and electricals to security systems and automation, plays a part in this ecosystem," he said.
The government initiatives, including 20 new smart industrial cities, improved tourism infrastructure across 50 destinations, and 100 new industrial plug-and-play hubs would help India move from a USD 4-trillion economy today to a USD 30-35 trillion economy by 2047, Goyal added.
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