Sitharaman asks industry to start taking risk, invest

Sitharaman asks industry to start taking risk, invest

Finance Minister Nirmala Sitharaman on Wednesday said there are clear signs of a revival in the economy and the industry should start taking risks now and invest in capacity building which will help reduce dependence on imports.

Addressing the CII Global Economic Policy Summit 2021, he appealed to the industry not to delay further in capacity building, no further delay in looking at partner areas in technology.


He called on industry to offer jobs to reduce income inequality and cut imports of finished goods and instead increase investment in manufacturing.

She said that at a time when India is driving growth, I want Indian industry to be more risk taker and understand what India wants.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is generated automatically from a syndicated feed.)

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