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Tenders: Austrian-European industries invited to participate in 250+ Indian Ropeway projects

Fiinews by Fiinews
April 21, 2023
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Minister Gadkari addressing delegates at INTERALPIN 2023 Fair.

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Gadkari promotes ropeway component manufacturing in India at INTERALPIN 2023 Fair

Austrian and European industries are invited to participate in India’s plans to develop 250+ projects with a Ropeway length of 1,200+ km over 5 years through Public Private Partnership (PPP) under Hybrid Annuity Model with 60% contribution support by the Indian Government.

“We encourage the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey as we take Indian infrastructure to greater heights,” Minister for Road Transport and Highways Nitin Gadkari told delegates at the ‘INTERALPIN 2023 Fair’, the leading international trade fair for Alpine Technologies at Innsbruck, Austria, on 19 Apr 2023.

“We are promoting the manufacturing of ropeway components under the “Make in India” initiative,” he told industry heavyweights at the fair that brought together key players, service providers and decision-makers from the Cable Car industry.

Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems and offering high-tech solutions, innovative design, top quality and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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