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CIL's Bold Move: Phasing Out Imported Mining Equipment to Boost Domestic Manufacturing
28 Nov 2023
1 Min Read
CW Team
Coal India Limited (CIL) has unveiled a strategic plan aimed at gradually phasing out the dependency on imported mining equipment. This bold initiative is designed to enhance domestic manufacturing capabilities and promote self-sufficiency in the mining sector. By prioritizing locally produced equipment, CIL aims to strengthen the nation's economic resilience and reduce reliance on international markets. The plan underscores key elements such as technology transfer, skill development, and fostering collaborations with indigenous manufacturers. This move aligns with broader national objectives of promoting 'Make in India' and boosting the mining industry's contribution to the country's economic growth.
Coal India Limited (CIL) has unveiled a strategic plan aimed at gradually phasing out the dependency on imported mining equipment. This bold initiative is designed to enhance domestic manufacturing capabilities and promote self-sufficiency in the mining sector. By prioritizing locally produced equipment, CIL aims to strengthen the nation's economic resilience and reduce reliance on international markets. The plan underscores key elements such as technology transfer, skill development, and fostering collaborations with indigenous manufacturers. This move aligns with broader national objectives of promoting 'Make in India' and boosting the mining industry's contribution to the country's economic growth.
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