TRAI releases Consultation Paper on 'Proliferation of Public Wi-Fi Networks in India' (See 'Corp Brief') DoP and DTDC sign MoU to strengthen Logistics and E-Commerce in India (See 'Corp Brief') Trade Mark - Defendants' conduct of running a coordinated fraudulent recruitment scheme, impersonating the plaintiffs & extracting money from each candidate, is deliberate exploitation of plaintiffs' goodwill & causes reputational harm: HC (See 'Legal Desk') PDUNASS-Gujarat NLU launch Programme on Labour Law and Social Security Compliance (See 'Corp Brief') Shivraj to launch PMGSY-IV Batch-II in Srinagar (See 'Corp Brief') India emphasises Inclusive and Ecosystem Based Governance of Small Scale Fisheries (See 'Corp Brief') SAFEMA - Certain transaction falls within ambit of benami transaction where appellants failed to produce supporting material, despite opportunity, to establish legitimate source of funds either in hands of lender or alleged contributors: SAFEMA TRIBUNAL (See 'Legal Desk') Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk')

Print

Goyal addresses CAPEXIL's Vibrant Buildcon 2025

Published: Apr 14, 2025

By TIOLCorplaws News Service

NEW DELHI, APR 14, 2025: UNION Minister of Commerce & Industry, Piyush Goyal addressed the CAPEXIL's Vibrant Buildcon 2025 here yesterday. He asked industry stakeholders to adopt best practices in sustainability, reduce import dependency, focus on clean and green construction, and work towards earthquake-resistant and modular infrastructure.

Goyal highlighted India's growing strength in the construction ecosystem-from Global Capability Centres (GCCs) to domestic manufacturing under Make in India. He underlined the importance of key sectors such as housing, infrastructure, commercial real estate, railways, airports, highways, and energy. "Every element, from cement and electricals to security systems and automation, plays a part in this ecosystem," he said.

Goyal said the rapid infrastructure development has happened under the leadership of the Prime Minister. "PM Modi conceptualised world-class convention centres like Bharat Mandapam and Yashobhoomi, both of which were built during the pandemic. These state-of-the-art venues have hosted global events such as the G20 Summit, BharatTex, Bharat Mobility and Startup Mahakumbh," he pointed out.

The Minister listed several major government initiatives, including 20 new smart industrial cities, improved tourism infrastructure across 50 destinations, and 100 new industrial plug-and-play hubs. "If we are to move from a USD 4 trillion economy yesterday to a USD 30-35 trillion economy by 2047, every citizen must contribute to Viksit Bharat 2047," he said.

Commerce and Industry Minister noted that yesterday India is breaking silos, fostering collaboration, and reimagining the future with a convergence of minds. "Vibrant Buildcon is only the beginning of the transformation of our construction ecosystem under one umbrella," Goyal said.

Greeting the gathering on the occasion of Baisakhi, the Union Minister talked about the role of farmers during the COVID-19 pandemic. He stated that despite global disruptions, India ensured uninterrupted food distribution, month after month, under the leadership of Prime Minister Narendra Modi. "Even during the peak of the pandemic, India continued its mission of feeding the poor and bringing millions out of deprivation," he noted.

Drawing a connection between India's food security and infrastructure growth, Goyal said that Vibrant Buildcon exemplifies the country's ability to support rapid urbanisation, housing for all, and logistics transformation. "This platform showcases our manufacturing and infrastructure strength, which is crucial to attract global investments and reduce logistics cost," he added.

In conclusion, Goyalemphasised India's potential to emerge as a global superpower. "We must aim for audacious goals, ensure our labour force receives fair wages, and innovate continuously. Let there be no doubt-India will lead the world in growth, innovation, and inclusive development," he said.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.