Promote Indian Entrepreneurs Abroad in Global Industries: Minister

Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, said that Indian entrepreneurship needs to be promoted in global electrical industry.

While speaking at Light India Exhibition 2016, Goyal said, “We welcome technology from all around the world but at the end of the day, we would like to strengthen our Indian hands. I am happy to have imports come in, if we are at level playing field. But if we find that other countries are dumping goods into India, certainly that is not welcome in the country.”

Appreciating new and innovative concepts like solar street lights at the exhibition, Goyal stated, “I can actually imagine putting up not less than 10 or 15 million solar street lights, particularly in rural areas.”

Goyal also emphasized on the fact that modalities like cost, battery life, newer technology, process monitoring etc are yet to be work out. Referring to the disruptive economy, the Minister asked Industry to reorient their price structure. He urged the industry to participate in LED street programme aggressively.

Talking about Bureau of Indian Standards, the minister said that the standards need to be better monitored in the imported electrical products.