Thursday, July 11, 2013

PM gives go ahead for Strategic Industries Initiative

The Prime Minister held a meeting of the High Level Committee on Manufacturing. The meeting was attended by all the Ministers and officials of departments relating to the manufacturing sector including the Ministers of Science & Technology, Heavy Industry, Civil Aviation, Steel, Textiles & MSME and the Deputy Chairman of the Planning Commission. The discussion centred around the proposals made by the National Manufacturing Competitiveness Council which were presented by the Chairman, Dr. V. Krishnamurty.

2. The meeting was convened to discuss the strategy for boosting competitiveness and output in two important sectors – textiles and steel – and for formulating a long term approach in three strategic industries – civilian aircraft manufacture, electric and hybrid vehicles and advanced materials and composites. Decisions relating to the short term and long term strategies for the five areas were taken and it was agreed to move ahead on all of them.   





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