Reduce import dependency, focus on green construction, modular infra: Piyush Goyal to industry

Reduce import dependency, focus on green construction, modular infra: Piyush Goyal to industry

Commerce and Industry Minister Piyush Goyal on Sunday urged the construction industry to reduce dependency on imports, adopt clean and green construction, and focus on building modular and earthquake-resistant infrastructure.

While inaugurating the first edition of Chemicals & Allied Products Export Promotion Council's (CAPEXIL) Vibrant Buildcon 2025 in New Delhi, Commerce and Industry Minister Piyush Goyal said that sectors such as housing, infrastructure, commercial real estate, railways, airports, highways, and energy play a key role in boosting the country's economic development.

"Every element, from cement and electricals to security systems and automation, plays a part in this ecosystem," he said.

Goyal added that government initiatives like setting up 20 new smart industrial cities, improved tourism infrastructure across 50 destinations, and establishing 100 new plug-and-play industrial hubs will significantly contribute to India’s goal of growing from a USD 4-trillion economy today to a USD 30–35 trillion economy by the year 2047.