The Commerce & Industries minister has assured that necessary help will be provided by the government.
The Centre said on Friday that the private industries need to invest in mega projects and they will be provided with all necessary support from the government in this regard, Union Minister Nirmala Sitharaman said.
The Union Minister of State for Commerce and Industry, who participated in a session on "Corporate Engagement", organised by the Confederation of Indian Industry (CII), said the government is willing to provide necessary assistance if the private sector comes up with big industrial projects like BHEL.
Assuring help to industries which wanted to start defence-based industrial cluster in the same corridor, she said, "You let me know the opportunities, and I will try to help you on forming defence-based industrial clusters in Madurai-Tuticorin corridor."
Referring to the fireworks industries in Sivakasi, which had the potential to do business worth Rs 5,000 crore, she said, "Fireworks industries should improve their quality and variety besides changing manufacturing technique, diversify them to compete with the Chinese fireworks sector." All products in India should be of good quality to compete with ones imported, she added.
On Skill Development
Regarding the Skill Development Programme, the minister said the Centre wanted to develop skilled labour of international standards. "Once we certify a person as a skilled labourer, he should be accepted as the same in any country in the world. He should be of international quality in terms of his or her skill," she said.
On oil prices
On oil prices, she said, the Centre did not reduce the price of oil despite a steep fall in the international market to invest more on infrastructure building.
On troubles of the tyre industry
Discussing the problems faced by the tyre industries in getting an advance licence for rubber procurement, she said the import of rubber was tied to the issue of ensuring poor rubber farmers get a better price for their produce. Rubber prices have fallen, but it was not reflected in the price of tyres, she said.
'Zero effect, zero defect' production
Stressing on the need for making products that have zero defect, the minister said, "You should follow the mantra of zero defect, zero effect (on the environment) to become the best exporter."
"Various efforts of the government ensured that the Indian economy grew by 7%, despite the fact that the global economy was slowing down and contracting." The scope for export was declining, forcing the government to focus on the local market, she said.
According to her, the Chinese were heavily subsidising their products. They (Chinese) had produced in excess, keeping in mind three-year requirement. They were helping their industries export. Despite all this the Indian economy was growing at 7%, she observed.
"Growth will be better and the economy will stay strong.The Make in India flagship initiative is encouraging its investors. Many financial institutions have offered financial support," she noted.
The Prime Minister was reviewing the free trade agreement (FTA) and was positive that Indian products were of high quality with zero defect.
She also promised to take up with the External Affairs Ministry, issues relating to patients who want to take treatment in India, if any. She was replying to a query on patients experiencing problems in obtaining the visa and other documents.
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 "Union Minister of State for Commerce & Industry Nirmala Sitharaman")
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