Govt will give top priority to developing modern infrastructure: Sitharaman
Updated: Sep 03, 2015 05:27:57pm
New Delhi, Sept 3 (KNN) Commerce and Industry Minister Nirmala Sitharama today said that the government will give top priority to developing modern infrastructure for spurring economic growth.
She said that after a phase of slowdown, India is on the recovery path with higher GDP rate and improved manufacturing growth.
"I know all of you have concerns about infrastructure growth among others. I assure you, we will give maximum priority to infrastructure growth and development," she said while addressing at the Diamond Jubilee celebrations of Engineering Export Promotion Council of India (EEPC India) here.
She also said that government has received investment proposals worth USD 3.05 billion under 'Make in India' which is an indication of the impetus being provided to the economy.
Sitharaman asked engineering exporters to build a brand for the sector in the global market.
Commerce Secretary Rita Teaotia said new opportunities have emerged in outsourcing of engineering goods and services, product design, product improvement and maintenance and "these need to be an area of aggressive focus for us". (KNN Bureau)
She said that after a phase of slowdown, India is on the recovery path with higher GDP rate and improved manufacturing growth.
"I know all of you have concerns about infrastructure growth among others. I assure you, we will give maximum priority to infrastructure growth and development," she said while addressing at the Diamond Jubilee celebrations of Engineering Export Promotion Council of India (EEPC India) here.
She also said that government has received investment proposals worth USD 3.05 billion under 'Make in India' which is an indication of the impetus being provided to the economy.
Sitharaman asked engineering exporters to build a brand for the sector in the global market.
Commerce Secretary Rita Teaotia said new opportunities have emerged in outsourcing of engineering goods and services, product design, product improvement and maintenance and "these need to be an area of aggressive focus for us". (KNN Bureau)
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