The Directorate General of Foreign Trade will realign itself along the lines of Prime Minister’s Make in India and will push for production of items domestically to cut down imports.
The Directorate General of Foreign Trade will realign itself along the lines of Prime Minister’s Make in India and will push for production of items domestically to cut down imports. The organisation is “focusing on creating more capacities within the country to produce items that can cut down imports and accelerate exports from the electronics and hardware sector, including ventilators,” Director General Amit Yadav said at an event organized by Electronics and Computer Software Export Promotion Council (ESC) on Wednesday. He also said that the government-run agency is also taking suggestions from the industry and others as to the areas which promise new capacities to reduce import and accelerate exports.
Since the coronavirus pandemic has hit globally, the world as well as India is facing a shortage of ventilators. The agency under the Ministry of Commerce and Industry hence said that its focus will be on ramping up the production of ventilators and exporting them. Other items in electronics and hardware segments in the healthcare and pharmaceutical sectors are also on the government radar.
Source: Financial Express
