1 year, 7 months ago
Govt aims to curb high-capacity mining equipment imports, boost domestic production
Live MintNew Delhi: The government is taking steps to boost domestic manufacturing to slash reliance on imported high-capacity mining equipment, according to the Ministry of Coal. Tasked with encouraging domestic production of heavy earth moving machinery and other underground mining gear, the committee is spearheaded by Coal India Limited’s director. Alongside, CIL is working on standardizing mining equipment to facilitate the deployment of locally produced machinery in coal production, transportation, and monitoring. Promotion of domestic manufacturing not only bolsters India’s industrial sector but also aligns with the tenets of Aatmanirbhar Bharat and the ‘Make in India’ initiative, the Ministry stated.
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