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.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
Alcatel-Lucent Enterprise Carrying a 100 year legacy ahead
A good amount of R&D works and global support services are operated out of
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
HAVELLS INDIA LTD.
CENTRE FOR DEVELOPMENT OF TELEMATICS (C-DOT)
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
TAC SECURITY SOLUTIONS
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : Daisy Chittilapilly
Daisy Chittilapilly is the President of Cisco’s India and SAARC regi...
ICONS OF INDIA : RAMESH NATRAJAN
Ramesh Natarajan, CEO of Redington Limited, on overcoming ‘technolog...
ICONS OF INDIA : RAJESH NAMBIAR
Rajesh leads the company’s India associates and enhances relationshi...
PARTNER SPEAKERS
PSU
C-DOT - Center of Development of Telematics
India’s premier research and development center focused on telecommu...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
