Union Road Transport and Highways Minister Nitin Gadkari has said that under the “Parvatmala Pariyojana”, the Government of India plans to develop over 250 projects with a ropeway length of more than 1,200 km over 5 years.
Addressing ‘INTERALPIN 2023 Fair’, the leading International Trade Fair for Alpine Technologies at Innsbruck in Austria on Wednesday, Gadkari said “We are promoting the manufacturing of ropeway components under the Make-in-India initiative.”
He said that India’s focus is on PPP under Hybrid Annuity Model with 60 per cent contribution support by Government of India.
Interacting with Austrian industrialists and entrepreneurs led by the Federal Economic Chamber of Austria, Gadkari shared the emerging opportunities in India for infrastructure firms and manufacturers in the space of transportation, intermodal logistics, and infrastructure partnerships.
“We hope to see more partnerships and joint ventures between Indian and Austrian companies in the Roads and Transport sector and availing benefits provided under ‘Make in India’ and attractive new Production Linked Incentive Schemes,” he said.
The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.
Gadkari further said “We encourage the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport to be a part of this transformational journey as we take Indian infrastructure to greater heights.”
Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems offering high-tech solutions, innovative design, top quality, and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport.