: Techenabled manufacturing ecosystem holds future growth in Eastern India: Dharmendra Pradhan #FinanceIndia #StockMarketNEWS Tech-enabled manufacturing ecosystem holds future growth in Eastern India:

@StockMarketNEWS Tue 22 Jun, 2021

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Techenabled manufacturing ecosystem holds future growth in Eastern India: Dharmendra Pradhan #FinanceIndia #StockMarketNEWS
Tech-enabled manufacturing ecosystem holds future growth in Eastern India: Dharmendra Pradhan New Delhi, Jun 22 (KNN) With a skilled human capital, abundance of natural resources and an aspirational population, eastern India is poised to create a tech-enabled manufacturing ecosystem, said Dharmendra Pradhan, Minister of Steel & Petroleum and Natural Gas.

Pradhan while speaking on Monday during a webinar on “Making Eastern India a Manufacturing Hub with respect to metallurgical industries”, organised by Indian Institute of Metals, said, Prime Minister Narendra Modi is working on the mission to bring eastern India at par with other developed regions of the country. With a skilled human capital, abundance of natural resources and an aspirational population, eastern India is poised to create a tech-enabled manufacturing ecosystem.

He said that very few nations are blessed with the abundance of natural resources as much as eastern India is. He spoke in detail about the Mission Purvodaya launched also in the steel sector and its potential to spur a new era of development in the eastern India.

He also spoke about efforts made by the Government of India in giving boost to logistical infrastructure in the eastern India including inland waterways. The minister highlighted the rich heritage of architecture, maritime economy and also industrial development in eastern India and said that time has come to reclaim that glory.

Speaking about sustainable development, Pradhan said that development and ecology can co-exist.

Governments need to promote industrial development along with sustainable development and policies have to be more people, business and environment friendly, he added.

He called upon Indian Institute of Metals to help create greener, cleaner and thus more sustainable products around ‘green steel’.

Speaking about Industrial Revolution 4.0, he said that we must seize the opportunity and create new, innovative and sustainable business models.

The Webinar was attended by the experts from the metals sector, officials of the Ministry of Steel, and state government representatives.