Nitin Gadkari, the Union Minister for Road Transport and Highways, asked management experts to create finance models on Monday in order to boost the infrastructure sector's economic viability, efficiency, and investment.
Gadkari said the union government was giving a lot of importance to innovation, research, and technology for determining the future of the infrastructure sector in the nation while kicking off a week-long virtual programme on "Infrastructure Sector in the Indian Economy and the Financing Challenge".
In his remarks, Gadkari noted that the Indian Institute of Management-Kozhikode (IIM-K) event's focus was on lowering building costs while raising quality. "Innovative income generation and financing strategies should be examined by management professionals in order to increase the infrastructure sector's economic viability, efficiency, and investment. For determining the direction of the infrastructure sector's future, we place a high value on innovation, research, and technology, he said.