New board of trade: SBI Chairman, Apple India MD among 29 members appointed File photo
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SBI Chairman, Apple India MD among 29 members appointed to Board of Trade

In 2019, the government had merged the Council of Trade Development and Promotion with the Board of Trade to bring greater coherence in the consultation process

PTI

New Delhi: The government on Tuesday said it has nominated 29 non-official members, including SBI Chairman CS Setty, Apple India MD Virat Bhatia, and Mahindra & Mahindra MD Anish Shah, to the Board of Trade, chaired by the Commerce and Industry Minister.

The board, which includes participants from states, Union territories, and senior officials from public and private sectors, provides a platform to discuss ways of boosting manufacturing and exports.

In 2019, the government had merged the Council of Trade Development and Promotion with the Board of Trade to bring greater coherence in the consultation process with all stakeholders for promoting exports and imports, according to a notification of the commerce ministry.

The new non-official members include Sunita Ramnathkar, President, IMC Chamber of Commerce and Industry; Satish Goel, President, All India Rice Exporters Association; Vikrampati Singhania, President, Automobile Components Manufacturers Association; Sanjay Nayyar, Founder, Sorin Investments; Prashanth Prakash, Partner, Accel; Puran Dawar, Chairman and Founder, Dawar Group; and Shashi Kiran, Founder & Executive Chairman, Allcargo Group.

The other members include Vaibhav Vohra, Group MD, Continental Carriers; Dilip Oommen, CEO, ArcelorMittal Nippon Steel; Sandeep Somany, Chairman and MD, Somany Impressa Group; Shailesh Chandra, President SIAM and MD & CEO, Tata Motors; Haigreve Khaitan, Managing Partner, Khaitan & Co; Satish Reddy, Chairperson, Dr Reddy's Laboratories Ltd; Parth Jindal, MD, JSW Cements; and Shridhar Vembu, Co-founder, Zoho Corporation.

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It also included Pawan Goenka, Chairman, IN-SPACe; Rajiv Memani, Chairman and CEO, EY India; and Upasana Arora, MD, Yashoda Group of Hospitals, the Directorate General of Foreign Trade (DGFT) said in a notification.

These industry leaders would act as facilitators in the implementation of District Export Hub events, including sensitisation workshops, identification, and promotion of identified products, and help state governments develop and pursue export strategies in line with the National Foreign Trade Policy.

They will also advise the government on policy measures for the preparation and implementation of both short and long-term plans for increasing exports, and review the export performance of various sectors, identify constraints, and suggest industry-specific measures to optimise export earnings.

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