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Union minister Hardeep Singh Puri has said infrastructure will be a vital component for India to become a developed country by 2047. He asserted that the country will be the third-largest construction market globally by next year.

Highlighting the vitality of the construction industry for the Indian economy, he said the construction industry is among the fastest growing industries in the country. Besides, Addressing at the inauguration of the National Workshop on 'Recent Development with recycling and use of construction and demolition waste in the construction sector, he said solid waste processing in India has witnessed a significant rise from mere a 17 per cent in 2014 to more than 77 per cent in 2024.

He sated ‘Now, we are transferring these capabilities in other forms of waste management, including construction and demolition waste, plastic waste, e-waste and bio-hazardous waste.’