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Govt to promote manufacturing of certain products to push exports: Gadkari

The government aims to attract foreign investments in pre-identified areas, promote joint ventures and support local businesses to expand India's share of global markets

Gadkari
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Union minister Nitin Gadkari

Reuters New Delhi
The union government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, a cabinet minister said on Monday.

The government aims to attract foreign investments in pre-identified areas, promote joint ventures and support local businesses to expand India's share of global markets, Nitin Gadkari, minister for MSME (micro, small and medium enterprises), told a virtual conference.

"There is an opportunity for India in sectors where China enjoys a big share in the global market," he said.

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