“Get ready to soar to new heights! The Indian cable car industry is about to take off with the help of Austrian firms. Stay tuned for exciting updates on this game-changing collaboration.”
The Indian Minister for Road Transport and Highways, Nitin Gadkari, recently met with an Austrian delegation to discuss potential collaborations in the manufacturing of ropeway cable car components. The delegation included representatives from various Austrian firms that specialize in cable car technology.
During the meeting, Gadkari invited the Austrian firms to set up manufacturing units in India and offered incentives such as tax exemptions and subsidies to encourage investment in the country. He emphasized the potential for growth in the cable car industry in India, particularly in areas such as tourism and public transportation.
The Austrian delegation expressed interest in partnering with Indian firms to develop cable car projects in the country. They also discussed the possibility of providing training and technical support to Indian companies to enhance their capabilities in the cable car industry.
The meeting is part of India’s efforts to boost domestic manufacturing and attract foreign investment in various sectors. The cable car industry is one such sector that has seen increased interest from both domestic and international players in recent years, with several new projects announced across the country.
Overall, the meeting between Gadkari and the Austrian delegation is a positive step towards promoting collaboration and investment in the cable car industry in India.