An inter-ministerial meeting was held with industry associations to discuss ways to boost the country’s manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday.
He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness.
A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post.
The meeting comes at a time when the government is working with the industry to identify about 100 products — including those from the auto, chemicals, plastics and petrochemicals sectors — that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production.
The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again​An inter-ministerial meeting was held with industry associations to discuss ways to boost the country’s manufacturing, Commerce and Industry Minister Piyush Goyal said on Friday.
He said that the government is committed to working closely with the industry to expand manufacturing capacities, enhance quality standards and strengthen competitiveness.
A comprehensive meeting with officials from key ministries and leading industry associations was held to strategise on boosting domestic manufacturing, he said in a social media post.
The meeting comes at a time when the government is working with the industry to identify about 100 products — including those from the auto, chemicals, plastics and petrochemicals sectors — that are either not produced or manufactured inadequately in India, as part of efforts to boost domestic production.
The exercise is aimed at reducing the import bill of the country, as outflows of foreign exchange are impacting the value of the domestic currency again ​Latest News [ SOBAN NEWS: International and National ]
