October 5, 2016

Indian entrepreneurship needs to be promoted

Minister of State for Power, Coal, New & Renewable Energy and Mines Piyush Goyal today said the Indian entrepreneurship needs to be promoted in global electrical industry. While speaking at Light India Exhibition 2016 here, Mr 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 coming 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.”On solar street lights, he said, “I can actually imagine putting up not less than 10 or 15 million solar street lights, particularly in rural areas,” he added.Heemphasised on the fact that modalities like cost, battery life, newer technology and process monitoring are yet to be worked out. Referring to the disruptive economy, the Minister asked the Industry to reorient their price structure and also urged the industry to participate in LED street programme aggressively. Talking about the Bureau of Indian Standards, Mr Goyal said the standards need to be better monitored in imported electrical products.The exhibition was organised by Messe Frankfurt Trade Fairs India Pvt Ltd and ELCOMA (Electric Lamp & Component Manufactures’ Association).

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