{"id":220651,"date":"2025-01-21T16:20:47","date_gmt":"2025-01-21T16:20:47","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/21\/frp-industry-has-good-future-in-india-rd-activities-to-reduce-cost-nitin-gadkari\/"},"modified":"2025-01-21T16:20:56","modified_gmt":"2025-01-21T16:20:56","slug":"frp-industry-has-good-future-in-india-rd-activities-to-reduce-cost-nitin-gadkari","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/21\/frp-industry-has-good-future-in-india-rd-activities-to-reduce-cost-nitin-gadkari\/","title":{"rendered":"FRP industry has good future in India; R&#038;D activities to reduce cost: Nitin Gadkari"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i1.wp.com\/img.etimg.com\/photo\/msid-117434078,imgsize-23448.cms?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"FRP industry has good future in India; R&#038;D activities to reduce cost: Nitin Gadkari\" title=\"FRP industry has good future in India; R&#038;D activities to reduce cost: Nitin Gadkari\" \/><\/div>\n<div data-brcount=\"12\">Noting that composite materials can be used an alternative for various industries, Union Minister <a data-ga-onclick=\"Inarticle articleshow link click#News#href\" target=\"_blank\" href=\"https:\/\/economictimes.indiatimes.com\/panache\/panache-people-101\/nitin-gadkari\/profileshow\/86559631.cms\" rel=\"noopener\">Nitin Gadkari<\/a> on Tuesday urged stakeholders of the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/fibre-reinforced-plastics\" target=\"_blank\" rel=\"noopener\">fibre-reinforced plastics<\/a> (FRP) industry to undertake research &amp; development (R&amp;D) activities to bring down cost by at least 25 per cent. The <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/frp\" target=\"_blank\" rel=\"noopener\">FRP<\/a> has a good future in the country and it can be used in multiple industries from renewable energy to infrastructure projects, the Minister for Road, Transport and Highways said, while addressing the International Conference and Exhibition on Reinforced Plastics (<a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/icerp-2025\" target=\"_blank\" rel=\"noopener\">ICERP 2025<\/a>) organised by the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/frp-institute\" target=\"_blank\" rel=\"noopener\">FRP Institute<\/a>. <\/p>\n<p><style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<\/p>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=toppotime:3--> &#8220;FRP is very important not only for the road sector but for the aviation, space science, transport, shipping. Everywhere we need to reduce the cost. If you can reduce the (production) cost by 25-30 per cent by getting good technology and good raw materials available in the country&#8230; it is really the futuristic point of view,&#8221; Gadkari said. <\/p>\n<p> In the energy space, FRP materials can be used for CNG, LNG and hydrogen, he said, adding that there are a lot of upcoming ropeway projects where the FRP industry can explore opportunities. <\/p>\n<p> &#8220;FRP is the material for the future. We are keenly interested to create more competition in the field of infrastructure. If we can reduce the rate as compared with the steel by 20-25 per cent then it can be a really good thing for the country,&#8221; the minister said while addressing the stakeholders. <\/p>\n<p>Gadkari also assured government support to the industry to address their challenges. <\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:2--><br \/> Composite materials or FRP help in the circular economy as these are manufactured by combining multiple materials with different properties.  The Indian <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/composite-materials-market\" target=\"_blank\" rel=\"noopener\">composite materials market<\/a> is likely to grow at a healthy CAGR of 7.8 per cent over the next six years to reach USD 2.8 billion in 2030 from USD 1.8 billion in 2024.<\/p>\n<style><![CDATA[\n    \t    #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;}\n    \t    .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px}\n    \t    #sr_widget.onDemand .sr_desc{margin:0 auto 0;}\n    \t    #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;}\n    \t    #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important}\n    \t    #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%}\n    \t    #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}\n    \t]]><\/style>\n<p><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:2--><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/frp-industry-has-good-future-in-india-rd-activities-to-reduce-cost-nitin-gadkari\/articleshow\/117434078.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Noting that composite materials can be used an alternative for various industries, Union Minister Nitin Gadkari on Tuesday urged stakeholders of the fibre-reinforced plastics (FRP) industry to undertake research &amp; development (R&amp;D) activities to bring down cost by at least 25 per cent. The FRP has a good future in the country and it can [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":220652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-117434078,imgsize-23448.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[26610,173644,5996,173646,173642,101532,173641,173648,739,2714,1551,173647,273,173645,617,20723,2707,10163,173643],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/220651"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=220651"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/220651\/revisions"}],"predecessor-version":[{"id":220653,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/220651\/revisions\/220653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/220652"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=220651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=220651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=220651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}