SBI Chairman, Apple India Managing Director among 29 Appointed to Board of Trade

Government Nominates 29 Industry Leaders to Board of Trade

The government has nominated 29 non-official members to the Board of Trade, a key platform for discussing ways to boost manufacturing and exports. The board, which includes participants from states, Union territories, and senior officials from public and private sectors, will provide a platform for industry leaders to discuss and implement strategies for promoting exports and imports.

The Board of Trade was established in 2019, following the merger of the Council of Trade Development and Promotion with the Board of Trade. This move aimed to bring greater coherence in the consultation process with all stakeholders for promoting exports and imports, according to a notification from the commerce ministry.

The new non-official members include SBI Chairman CS Setty, Apple India MD Virat Bhatia, and Mahindra & Mahindra MD Anish Shah. Other notable 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.

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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.

These industry leaders will 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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Note: The table includes all 29 non-official members nominated to the Board of Trade.