India may make tunnel boring machines locally, says Goyal
In short
Piyush Goyal said India will make tunnel boring machines at home if China restricts exports. He also said ties with China are good and can improve if there are no new obstacles.
This matters because tunnel boring machines are important for big construction projects. The report does not say when local production could start or what steps the government will take.
What the reporting says
Piyush Goyal said India will make tunnel boring machines at home if China restricts exports. The accompanying summary says he added that ties with China are good and should improve in the absence of new obstacles. The immediate implication is a possible push for domestic manufacturing, but no timing, company, or policy decision is stated.
Why it matters
Piyush Goyal said India could make tunnel boring machines domestically if China restricts exports, while also saying ties with China are good and may improve without new obstacles. The statement points to possible import substitution in a construction equipment segment. The reporting does not provide a policy plan, timeline, or any company named to carry out local production.