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Will showcase manufacturing capabilities: Kamal Nath

Mr Kamal Nath

Our Bureau

Pune, July 22The Union Minister for Commerce and Industries, Mr Kamal Nath, has said that Pune will get a world-class industrial exhibition centre that will showcase India’s manufacturing industry, and promised that the Centre would provide all the necessary funding for it.

Speaking at a function to relocate the country’s first operational Auto Cluster Development and Research Institute to its permanent premises in Chinchwad, Mr Nath said, “Pune is very, very deserving. I will direct the ITPO (India Trade Promotion Organisation) to chalk out a plan with the municipal corporation and the Chamber of Commerce, and whatever funds are required should be provided to make this India’s, and Asia’s, largest exhibition centre.”

Mr Nath was responding to the Union Agriculture Minister, Mr Sharad Pawar’s earlier statement that a few hundred acres of land had been set aside near Chakan to build such a centre, and that it was the pressing need of the day.

Pointing out that the foreign direct investment to the country last year was $19 billion, three times the $5.5 billion that came in the previous year, Mr Nath said that this would be invested in the manufacturing industry to provide employment to youth.

The auto cluster institute would help provide all the technological support required to make the industry globally competitive he added. The country’s first auto cluster is a fine example of public-private partnership.

The Rs 67-crore project was jointly undertaken by the Central Government, which donated Rs 45 crore, the Mahratta Chamber of Commerce, Industry and Agriculture, and the Pimpri Chinchwad Municipal Corporation (PCMC).

The municipal corporation contributed Rs 15 crore, and donated 10 acres of land, while the local industry cobbled together Rs 7 crore, Mr Dilip Band, Commissioner, PCMC, said.

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