Identify imported goods for manufacturing: Piyush Goyal tells states

Table of Content


Identify imported goods for manufacturing: Piyush Goyal tells states

NEW DELHI: Commerce and industry minister Piyush Goyal on Friday urged states to identify products that are currently imported but can be manufactured competitively in India.He said such efforts would not only reduce import dependence and save foreign exchange but also strengthen domestic supply chains and reduce vulnerabilities arising from excessive dependence on foreign suppliers.This suggestion was made by the minister during the meeting of the Board of Trade here.Minister of state for commerce and industry Jitin Prasada, newly inducted members of the board of trade, ministers and representatives from states and Union territories, export promotion councils, apex industry chambers and non-official members participated in the meeting.Goyal also urged states, line ministries, EPCs and industry associations to establish export committees, hold regular engagements with exporters and conduct monthly review meetings.The minister encouraged industries affected by unfair trade practices to approach the Directorate General of Trade Remedies (DGTR).He stated that DGTR would support domestic industries facing injury due to dumping or predatory pricing by foreign producers and could provide remedies through anti-dumping measures and safeguard duties.The minister announced a time-bound 90-day drive under the districts as export hubs initiative, covering 120 priority districts across 27 states and Union territories.Supported by 24 DGFT Regional Authorities and 11 partner agencies, the drive will focus on measurable outcomes, including new exporter registrations and export value growth, while converging with the One District One Product initiative, GI products and MSME clusters.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Posts

Featured Posts

Featured Posts

Follow Us