Produce locally

The Indian government has asked the manufacturers of heavy equipment to produce machinery in the domestic market so that it will reduce the country’s imports worth over Rs 3,500 crore annually. The coal ministry in a statement said that it was making continuous efforts to develop indigenous manufacturing capabilities in coal mining sector in order to further reduce India’s reliance on import of high capacity mining equipment and to boost its domestic production. An interdisciplinary high level committee has been formed, members of which include representatives from several ministries, private and public companies and industry bodies. The ministry said collaborations and joint ventures with internationally reputed equipment manufacturers need to be encouraged.