In a compelling address at the inaugural session of Vibrant Buildcon 2025 in New Delhi, Union Commerce and Industry Minister Piyush Goyal called upon the construction sector to minimize reliance on imports and prioritize eco-friendly, modular infrastructure. He emphasized that such a shift is vital for India's journey towards becoming a USD 30–35 trillion economy by 2047.

Embracing Sustainability and Self-Reliance

Minister Goyal highlighted the importance of adopting sustainable practices and reducing import dependency. He urged industry stakeholders to focus on clean and green construction methods, which are essential for environmental preservation and economic resilience. By leveraging domestic capabilities, India can strengthen its position in the global market while promoting environmental stewardship.

Modular and Earthquake-Resistant Infrastructure

Goyal advocated for the development of modular and earthquake-resistant infrastructure. Modular construction offers flexibility and efficiency, enabling faster project completion and adaptability to changing needs. Emphasizing earthquake-resistant designs ensures the safety and longevity of structures, particularly in seismic-prone regions.

Key Sectors Driving Economic Growth

The Minister identified critical sectors such as housing, infrastructure, commercial real estate, railways, airports, highways, and energy as pivotal to India's economic development. He stressed that every component, from cement and electricals to security systems and automation, plays a significant role in building a robust and self-reliant economy.

Government Initiatives for Infrastructure Development

Goyal outlined several government initiatives aimed at bolstering infrastructure and economic growth. These include the establishment of 20 new smart industrial cities, enhancement of tourism infrastructure across 50 destinations, and the creation of 100 new industrial plug-and-play hubs. Such projects are designed to stimulate investment, generate employment, and facilitate sustainable urbanization.

Vision for a Developed India by 2047

Looking ahead, the Minister expressed confidence that with collective efforts, India can transition from a USD 4-trillion economy to a USD 30–35 trillion economy by 2047. He emphasized that achieving this vision requires a concerted focus on sustainability, innovation, and self-reliance across all sectors.

Minister Piyush Goyal's address at Vibrant Buildcon 2025 serves as a clarion call for the construction industry to embrace sustainable practices and reduce import dependency. By focusing on modular, earthquake-resistant infrastructure and leveraging domestic capabilities, India can pave the way for a resilient and prosperous future.