New Delhi (15.04.2025): Union Minister of Commerce & Industry Piyush Goyal addressed the CAPEXIL’s Vibrant Buildcon 2025 on Sunday. 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 and underlined the importance of key sectors such as housing, infrastructure, commercial real estate, railways, airports, highways, and energy.

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.

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 $4 trillion economy today to a $30-35 trillion economy by 2047, every citizen must contribute to Viksit Bharat 2047,” he said.