Union Minister for Road Transport and Highways Shri Nitin Gadkari said more than 200 projects at a cost of Rs 1.25 lakh crore have been identified in coming five years under National Ropeways Development Programme, “Parvatmala Pariyojana”.
Addressing ‘Ropeway : Symposium-Cum-Exhibition’ in New Delhi yesterday he said our foremost priority should be to make ropeways economically viable by bringing down the overall project cost and encourage Public Private Partnership to develop the ropeway network in the country.
He said apart from facilitating tourism in the hilly areas, the ropeway offers huge potential in the urban public transport as well. He said focus should be in developing indigenous and cost-Efficient solutions without compromising safety. The Union Minister said Ropeways hold immense potential to positively impact tourism and job creation in the country.
Shri Gadkari said India is on its path to become a $5 Trillion economy and achieve the dream of our Hon’ble Prime Minister Shri Narendra Modi Ji. He said today, our economy stands at 5th position, and we aim to reach 3rd position . The Union Minister said focus is on time-bound, Cost-Efficient, Qualitative and Sustainable infrastructure development. He said creation of ‘World-Class’ infrastructure ensures ‘Ease of Living’ of citizens and Socio-economic development in the region.
Shri Gadkari said priority is to bring standardization of existing policies & codes and transform the Ropeway industry by encouraging the manufacturing of Ropeway Components under the “Make in India” initiative.
The Union Minister said 60% Construction Support is provided under Hybrid Annuity Mode (HAM for Ropeways) as compared to 40% support provided under National Highways to attract more private players for development of ropeways under Parvatmala Pariyojana.
The ‘Symposium-cum-Exhibition‘ aimed to facilitate industry collaborations between Indian and global manufacturers, technology providers, concessionaires, and infrastructure developers. It also provided a platform for industry deliberation to promote ‘Make in India’ and develop a roadmap for localization of ropeway components.
The event highlighted the importance of ropeways in the Indian economy, enabling the development of safer, cost-effective, and sustainable modes of transportation under the National Ropeways Development Program.
The event also highlighted the importance of promoting wayside amenities and enhancing the capacity and capability of ropeway technology. The event provided key insights for policy development and emphasized the pivotal role of ropeways in the Indian economy.
Stay Update with FELA News!
