FRP: The Future Material Revolutionizing Industries
Union Minister Nitin Gadkari highlights the potential of fibre-reinforced plastics (FRP) as a versatile and cost-effective alternative across various industries and urges stakeholders to reduce costs by 25%. FRP’s future spans aviation, transport, and renewable energy, with promising growth in India’s market.
- Country:
- India
Union Minister Nitin Gadkari has called for innovative research and development in the fibre-reinforced plastics (FRP) industry to slash costs by 25%. Speaking at the ICERP 2025 conference, he emphasized FRP's vital role across sectors.
FRP's applications include renewable energy, infrastructure, transport, and more. Gadkari talked about the need for cost reduction in production by enhancing technology and raw material efficiency.
The composite material's potential impact on India's economy is substantial, with a projected market growth from $1.8 billion in 2024 to $2.8 billion by 2030—an imperative for advancing a circular economy.
(With inputs from agencies.)
ALSO READ
BJP's Civic Confidence: Gadkari Votes Amidst Election Tensions
Union Budget 2026: A Catalyst for Industrial Surge Amidst Infrastructure Lull
Bihar Mandates Geo-Spatial Analytics for Major Infrastructure Projects
Communication Collapse Reveals Greek Aviation Infrastructure Flaws
Major Rift in Maharashtra Government Over Cancelled Infrastructure Projects

