India to make tunnel boring machines at home if China curbs exports: Piyush Goyal
iStockTunnel boring machines, Piyush Goyal, China export curbs, India manufacturing, domestic production, India-China trade relations
"Our ties with China are good and will improve in the absence of new obstacles," Goyal added.
Business News›News›Economy›Foreign Trade›India to make tunnel boring machines at home if China curbs exports: Piyush Goyal
India is gearing up to start producing its own tunnel boring machines if China decides to limit its exports. This statement came from Piyush Goyal, India's trade minister, after Beijing made its recent announcement. It highlights India’s plan to not rely on foreign supplies and enhance its domestic manufacturing capabilities in this crucial area.
India will focus on making tunnel boring machines domestically if China restricts its exports, India's trade minister Piyush Goyal said on Tuesday, after Beijing announced export controls on the key construction equipment last month.
"Our ties with China are good and will improve in the absence of new obstacles," Goyal added.
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