Union minister Nitin Gadkari on Thursday said industry players should adopt innovative methods and new technologies to improve cost efficiency and construction quality of infrastructure projects.
The road transport minister also warned cement players against cartelisation, black-marketing and profiteering.
“You need to reduce construction cost and improve quality. Cost reduction should be made without any compromise on quality,” he said while addressing an event on ‘BITU-CON 2020: BITUmen and Road CONstruction Industry’, organised by FICCI.
Gadkari, who also holds the MSME portfolio, said the industry can play a significant role in boosting India’s infrastructure through the aid of innovation and technology.