Union Minister for Road Transport and Highways Nitin Gadkari today invited leading players in the European cable car industry to invest in India as the country plans to develop over 250 projects with a Ropeway length of 1,200+ km in the next 5 years under the “Parvatmala Pariyojana.”
Addressing ‘INTERALPIN 2023 Fair’, the Leading International Trade Fair for Alpine Technologies at Innsbruck, Austria today, the minister said, “We encourage the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey as we take Indian infrastructure to greater heights.”
Had an enriching experience monitoring the latest innovations and products developed by the leading manufacturers and innovative companies from around the world at INTERALPIN 2023 Fair, Innsbruck, Austria with its CEO Mayerhöfer Christian.@PMOIndia @MEAIndia @IndiainAustria pic.twitter.com/zZSuKYEuBC
— Nitin Gadkari (मोदी का परिवार) (@nitin_gadkari) April 19, 2023
He explained that the country’s focus is on PPP (public-private partnership) under Hybrid Annuity Model with 60% contribution support by the Government of India. The government is promoting the manufacturing of ropeway components under the “Make in India” initiative, he added.
The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.
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.
The government has already announced plans for setting up major ropeway projects for to facilitate the visit of pilgrims to the holy shrines at Kedarnath, Yamunotri Dham and Hemkunt Sahib.
