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Win international JVs and help decongest metros, says Gadkari

Fiinews by Fiinews
April 27, 2020
in Investment, Projects
Reading Time: 3 mins read
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Gadkari address students of 43 universities

Indian companies were told to seek international partnerships for export-oriented joint ventures in the country, while focus on relocating operations away from major cities and help decongest metros.

Indian students in 43 overseas universities were also reminded of their stake in the Indian prosperity and urged to play a bigger role globally on behalf of the country.

Making the calls, Minister of Micro, Small & Medium Enterprises (MSMEs)

Nitin Gadkari said, “our efforts need to meet not only Indian demand but also cater to the global market as many companies and counties are looking to shift away from China.”

“Our industries, big, medium, small or micro, will also have to effect a paradigm shift in the way they were doing their business operations,” he said pointing out that products should be made to substitute imports.

Decongest metro towns by relocating operations away from the cities, he stressed in delivering a Post COVID-19 message and future trends.

Gadkari, who is also the Minister for Road Transport and Highways, highlighted that 22 Green Express Highways are being developed and work on a new alignment of Delhi-Mumbai Expressway has started.

These and other projects are creating an opportunity for industry to make future investments in industrial clusters, industrial parks, logistics parks, etc.

Nearly 2,000 roadside amenities will be developed alongside these Highways along with 2,000 bus ports planned across the country.

Speaking to Overseas Indian Students via webinars, video conference, and other social media platforms for the past several days, he called on them to play a big role in converting COVID-19 pandemic into an opportunity.

The Minister has undertaken a massive outreach exercise in last few days with various sections and sectors of the society by way of. This has resulted in taking communication outreach with about 1.3 crore people, said the MSME Ministry on 26 Apr 2020.

“We are moving ahead restarting various activities, all of us need to follow all the precautions regarding health protocols to prevent transmission of COVID-19 virus.”

Gadkari invited the students and scientists of Indian origin abroad to participate in India’s growth story and the new opportunities in various fields of research, innovation, management, medicine, higher education, etc.

He assured Government is highly supportive of such ventures in in various modes, be it Public Private Partnerships or joint ventures.

The Minister has interacted with about 8,000 business leaders, industrialists, entrepreneurs so far, listening to their issues, conveying their matters to relevant ministries and departments including, Finance, Commerce and Industry, Railways, Labour & employment etc.

The Minister said that his Ministry will help in getting necessary clearances in 3 months for ventures.

He said, a big push is being given to infrastructure development and to the growth of rural, tribal and agriculture sectors/areas.

The Minister pointed out that all stake holders will have to work together and expressed confidence that “we will win war against Corona as well as the war on economic front”.

He interacted with Indian overseas students in various countries like UK, Canada, Singapore, other European countries and Australia under the theme ‘Indian Response to Global Pandemic: Roadmap for India’.

Gadkari has also interacted with top executives through institutions such as FICCI, SME, CREDAI Mumbai, SMEs, CEOs Club of India, AIPMA, Bhartiya Shikshan Manal, Young Presidents Organisation, Maharashtra Economic Development Council, ASSOCHAM, PHD Chamber of Commerce and Bharat Chamber of Commerce. fiinews.com

Tags: Ministry of Micro
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