Speaking at inaugural session ceremony of FICCI-DHI-HMFI WIN India Anant Geete said "We know that our priority today is to create jobs for our 65% population which is young. Partnership with Ministry of Skill Development is important to make people job-ready for our capital goods sector.

The sector provides direct employment to ~1.4 million people and indirect employment to ~7 million people and impacts users of capital goods estimated to be 50 times of the direct employment. We are aiming to create direct and indirect employment for 30 million workers in the capital goods sector by 2025. Hence, we have signed the MoU with Ministry of Skill Development and Entrepreneurship to ensure that these targets are met".

Draft National Policy on Capital Goods has been prepared after extensive industry consultations which we would be taking to the Cabinet shortly, Geete said.

Speaking on the occasion, Rajiv Pratap Rudy pointed out that "availability of talent and productivity of the workforce are amongst the top drivers for manufacturing competitiveness of a nation.

"The Central Government is committed to ensure that there is adequate supply of quality talent for the manufacturing sector. This would give India a competitive edge in manufacturing. This Agreement between the Skills Ministry and Ministry of Heavy Industries will go a long way in ensuring supply of such talent pool."