Commerce Ministry's Infrastructure Push for $1TN Exports

29 Apr 2024 CW Team

The Ministry of Commerce is actively strategising to bolster infrastructure to achieve the ambitious target of $1 trillion in exports by 2030, according to an official statement. This initiative underscores the government's commitment to enhancing trade facilitation and promoting economic growth through robust infrastructure development.

Efforts are underway to strengthen key infrastructure components such as ports, airports, roads, railways, and logistics to support the expansion of India's export capabilities. The focus is on improving connectivity, efficiency, and reliability across the trade ecosystem to facilitate seamless movement of goods and reduce transaction costs.

Investments in infrastructure are seen as crucial for unlocking the full export potential of Indian businesses and enabling them to compete more effectively in the global market. By addressing infrastructure bottlenecks and enhancing trade-related infrastructure, the government aims to create an enabling environment for exporters to thrive.

Furthermore, the infrastructure push aligns with the government's broader vision of promoting exports as a key driver of economic growth, job creation, and poverty alleviation. Achieving the $1 trillion export target by 2030 requires concerted efforts from various stakeholders, including policymakers, industry players, and infrastructure developers.

The Commerce Ministry's proactive approach towards infrastructure development reflects its recognition of the pivotal role that robust infrastructure plays in driving export growth and enhancing India's competitiveness on the global stage. With sustained investments and strategic interventions, the government aims to create a conducive environment for exporters to realise their full potential and contribute significantly to India's economic development.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..