Coal India Reveals Plan to Curtail Heavy-Duty Gear Imports

29 Nov 2023 CW Team

heavy-duty gear and, instead, fostering domestic manufacturing. The initiative reflects CIL's commitment to supporting the 'Make in India' campaign, emphasising self-reliance and boosting the indigenous production of crucial equipment.

The roadmap outlined by CIL is designed to reduce dependency on imported heavy-duty gear, a move that aligns with broader national goals of enhancing self-sufficiency and reducing external dependencies. By prioritising domestic manufacturing, CIL aims to contribute to the growth of the Indian manufacturing sector and generate employment opportunities.

This strategic shift in procurement strategies is anticipated to have a positive impact on the economy by retaining capital within the country and nurturing a self-sustaining ecosystem. The move is aligned with the larger vision of making India a hub for manufacturing, thereby contributing to economic growth and development.

Coal India's decision to curtail heavy-duty gear imports underscores a proactive approach to aligning with national priorities and fostering a robust, self-reliant industrial ecosystem. The roadmap is expected to unfold in stages, with a focus on creating a conducive environment for the development of domestic manufacturing capabilities.

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