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Goyal to meet top industry bodies, SCALE committee to increase India’s exports

New Delhi: Commerce and Industry Minister Piyush Goyal would hold a key meeting with top industry bodies on Monday to discuss strategy for enhancing exports from the country.

During the session, SCALE (Steering Committee for Advancing Local Value-Add and Exports) committee chaired by Mahindra & Mahindra MD & CEO Pawan Goenka is set to make a presentation on ways to enhance local manufacturing.

A joint government-industry panel, the SCALE committee has been working on suggestions to increase localisation and cut imports in areas such as auto components.

Among the industry chambers participating in the meeting are CII, Ficci, Assocham, PHDCCI, Indian Chamber of Commerce, Nasscom, Laghu Udyog Bharati and Bengal Chamber Commerce Industry.

Goyal had met Chiefs of Export Promotion Councils (EPCs), Commodity Boards and Authorities and other stakeholders in Mumbai on Thursday and sought their inputs on roadblocks in the way of achieving US$ 400 billion export target in FY22.

In a major boost to Indian exporters, the government last week notified duty refund rates under Remission of Duties and Taxes on Exported Products (RoDTEP) for 8,555 tariff lines (products).

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