We need not import from China: Gadkari
By MYBRANDBOOK
Union Minister for Micro, Small and Medium Enterprises (MSME), Nitin Gadkari in order to emphasise the need to reduce imports and increase exports to achieve the mission of ‘Atmanirbhar Bharat,’ said that India does not need to import from China. “In the auto sector and many items such as agarbattis, we have found solutions. We don't need to import from China. In a lot of items, in place of imports, we are making exports. Our strength is the young talented manpower which is available in the country,” he said.
Gadkari was at a virtual event organised by Dun & Bradstreet, ‘Business Enterprises of Tomorrow 2020' with the central theme of Atmanirbhar Bharat, the minister stated that Western countries are keenly interested to deal with India and not China. “In this situation, it is advantageous for the Indian economy and the Indian manufacturing sector to create more exports for the country. We are on track and have already reduced imports from China while our export is increasing. The IITs, engineering colleges and research centres are doing a lot of innovation and we will fulfill requirements of the whole world,” he asserted.
Elaborating his point further, Gadkari highlighted that upgradation of technology, reducing costs, improving packaging and presenting products to the world well could help in achieving such objectives. “We have already decided to make infrastructure of Rs 100 lakh crore. We are now working on alternative fuels such as ethanol, methanol, bio diesel etc. I am confident that we will reduce imports in crude oil. In electronic software too, we are doing a lot of projects such as laptop, computer, mobile phone among others,” he averred.
Lauding the efforts of the government to support MSMEs, he further added that the change in definition for MSMEs had been a revolutionary step in the history of the sector. The ministry of MSME, he said, is working to set up a number of centres of excellence with IITs and NIITs. “The emerging areas in which MSMEs can work are sustainability, green manufacturing, remanufacturing, development of smart villages, e-mobility, robotics and virtual reality,” he revealed.
At the virtual launch the release of two publications ‘Leading SMEs of India 2020’ and ‘Leading Mid-Corporates of India 2020’ were unveiled by the minister.
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