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DGFT to push domestic production to cut down imports: Amit Yadav
Aug-06-2020

Director General of Foreign Trade -- Amit Yadav has said that the Directorate General of Foreign Trade (DGFT) 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.

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.

Stating that DGFT is in an overhaul mode, Amit Yadav said that the agency expects to finish the realigning work by the end of this year. Further, the work undertaken by the agency in the meantime will address changes required to ensure ease of doing business and removing trade barriers.

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