India’s Path to Global Leadership in Construction

15 Apr 2025 CW Team

Union Minister of Commerce & Industry, Shri Piyush Goyal, addressed CAPEXIL’s Vibrant Buildcon 2025, urging industry stakeholders to prioritise sustainability, reduce import dependency, and promote clean, green, and earthquake-resistant construction practices. The Minister emphasised India’s growing strength in sectors like housing, infrastructure, and commercial real estate. He acknowledged the government's efforts in driving infrastructure development, citing examples such as Bharat Mandapam and Yashobhoomi convention centers, which were constructed during the pandemic and hosted global events like the G20 Summit.

Shri Goyal underscored the importance of several key initiatives, including the establishment of smart industrial cities, enhanced tourism infrastructure, and plug-and-play industrial hubs. He stressed that these efforts are crucial for India's goal of becoming a $30-35 trillion economy by 2047. The Minister also highlighted the role of farmers in ensuring food security during the pandemic and the significant transformation occurring in India’s construction ecosystem.

Concluding, Shri Goyal called for innovation and fair wages, reaffirming India’s potential to emerge as a global superpower, leading in growth, infrastructure, and inclusive development.

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..