Business Standard

Pradhan: Make in India and Make in America not at odds

- PRESS TRUST OF INDIA Boston, 5 March

Prime Minister Narendra Modi's vision of ‘Make In India’ and US President Donald Trump’s emphasis on ‘Make in America’, are “not contradict­ory”, Minister of state for petroleum and natural gas Dharmendra Pradhan has said.

Pradhan, who was on a twoday visit here, made the remarks while underscori­ng India’s focus on creating “a new energy story” using world class technology and cutting-edge innovation.

“If we use American technology and innovation in India’s market, it is not necessary that all components will be made in America. If American technology needs business, they will have to come to India. We need a good business model and technology in our market. These are not contradict­ory,” Pradhan told PTI in an interview here.

During his stay, Pradhan delivered the keynote address at the 2017 MIT Energy Conference and addressed students at Harvard University’s Kennedy School of Government and at The Fletcher School of Law and Diplomacy at Tufts University.

He held talks with city officials and energy experts, including former US Secretary of Energy and now a professor at MIT Ernest Moniz and Professor Henry Lee at Harvard.

Pradhan said energy accessibil­ity and affordabil­ity was the Modi government’s primary priority. “We have to give clean energy to all our citizens. Our energy basket predominan­tly has coal but gas and renewables will be part of our energy mix in future,” he said. He emphasised that India’s goal to produce 175 gigawatt of renewable energy by 2022 and to ensure energy security requires delivering to a large mass of population in a short span, for which self-sufficienc­y will be critical. “We will need to increase our production. All this we will be able to accomplish when we have technology.

Institutio­ns like MIT and Harvard are natural points of innovation and new ideas. We are here to see how we can link this to our market, how we can bring the concept of energy justice as a deliverabl­e,” he said.

During his interactio­n with students, Pradhan said they talked about energy as a commodity and how to make it into a business model that be replicated across developing nations that have to fulfil energy requiremen­ts for citizens.

On the government's demonetisa­tion move, he said despite attempts at generating a "fear psychosis", economic growth has been on track and will improve in the months ahead as a vast majority of the Indian population has supported the government's move to combat corruption and black money.

 ??  ?? Union Petroleum Minister Dharmendra Pradhan (pictured)
Union Petroleum Minister Dharmendra Pradhan (pictured)

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