NEW DELHI: Worried that scrapping of $18 billion projects by ArcelorMittal and Posco would dent India's image, Union minister Praful Patel on Thursday called for "introspection" and underlined the need for transparent and simple processes in tune with the rest of the world.
"Posco and Arcelor plants not going ahead is not a good sign for us. This would cause both in India and abroad an impression that in India we have many constraints for new manufcaturing ... We have to introspect," heavy industries and public enterprises minister Patel said at an Assocham function here.
"We have to simplify processes, we have to make our systems in tune with the rest of the world," he added.
0 comments:
Post a Comment