INDIA: Standing in solidarity with the nation and as a mark of tribute and respect to the Galwan valley martyrs, CREDAI, the apex body of the real estate sector, representing 20,000 developers Pan India, has urged upon its members not to depend on goods manufactured in China and encourage usage of Swadeshi products.
Elaborating further on the initiative Satish Magar, President, CREDAI National said, “We appeal to our member developers not to depend on Chinese goods and embrace “Swadeshi” or “Made in India” way of life and business. CREDAI requests all the 250 allied industries which are linked to the real estate sector to manufacture these products locally especially the ones which are currently being imported from China and support the economy at large.”
Due to COVID19, there is a disruption in the supply chain emanating from CHINA which led to delay in the completion of projects. Local production and purchase will lead to reduced procurement time, minimal loss of production hours, and increased employment opportunities. Most of the raw materials being used are already being manufactured by the MSME sector in the country. CREDAI is ready to extend its support to the local manufacturers for the production of materials that are currently being imported and make a shift from Videshi to Swadeshi. The sector already employees more than 52 million workforces in the country and this move will further multiply employment opportunities and give the required stimulus to the economy. Additionally, this step will provide a boost to more than 250 allied MSME industries linked with the realty sector and in turn will increase the overall contribution to the GDP.
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Copyright © 2014 - 2021 The Global Indian New Network (TGINN)