SME Times News Bureau | 06 Aug, 2020
The Directorate General of Foreign Trade (DGFT) is focusing on creating
more capacities within the country to produce items that can cut down imports
and accelerate exports in the electronics and hardware sector, including
Speaking at a webinar organised by Electronics and Computer Software Export
Promotion Council (ESC), its Director General Amit Yadav said on Wednesday:
"Within our set-up, we are consulting the industry and others as to where
we should focus to create new capacities to reduce imports and accelerate
He noted the shortage in case of ventilators, adding that the focus now would
be more on creating manufacturing capacities and exporting the products.
He added that several other electronics and hardware items are also on the
government radar in the healthcare and pharmaceutical sector for augmenting
domestic manufacturing and exports.
Yadav said that DGFT was in an overhaul mode and many changes are being
introduced to respond to the present challenges.
"By the end of this year, we hope to complete the overhaul, with many
changes to be brought about to address the trade barriers and to ensure ease of
doing business," he said, adding that no system is perfect and changes and
the process of revamping a system is a continuous one since there are a lot of
expectations from the DGFT in the changed environs.
The officer also stressed the need for developing an electronic component
sector to pave the way for building strong backward and forward linkages.
On the industry's suggestion for a conductive environment to develop the
electronics sector, Yadav said that continuous consultations have been held
with the industry and other stakeholders to understand the "pain points
and to ensure forward and backward integration in the electronics and hardware
"Our efforts are to promote ease of doing business and give exporters all
possible help through application of technology," he said.