The meeting follows Goyal’s consultation with industry captains, including Bharti Airtel chairman Sunil Bharti Mittal on Wednesday and Tata Group chairman N Chandrasekaran on Tuesday on their respective groups’ investment plans and the issues they face.
Industry ministers of Haryana, Gujarat, Uttar Pradesh and Telangana will put a framework in place to promote industry and exports through their districts, sources said.
While the Tata Group made presentation about its investment plans and the hurdles in being able to meet those, as per sources, Mittal said he discussed the Bharti Group’s matters mainly on the infrastructure side as it has large investment plans for telecom towers, solar and real estate.
“We discussed what all areas we are investing in, what are the bottlenecks and where all we need his help,” Mittal said, adding that the group wants faster clearances, and has asked support in declaring tower industry as infrastructure. “We need his help in clearance from aviation authority, real estate side, solar, there are issues around larger bids for solar parks,” he said.
He said his group spends Rs 15,000-20,000 crore each year on telecom and wants to achieve 20 GW of capacity in solar.
The 2020-21budget is likely to touch upon the issue of districts being made export hubs on the lines of Prime Minister Narendra Modi’s Independence Day speech in which he urged each district to think of becoming an export hub. “The states have to put together a framework that includes a nodal officer, who will be a link between the district, Centre and respective state,” said an official.
The government wants every district to have an export profile and an action plan, and it will circulate a guidance note in every district on the concept of export hub and the outcomes targeted with details on relevant government schemes for export facilitation, credit provisioning and MSMEs.
The consultations come at a time when the government is trying to boost investment, both domestic and foreign, amid a slowing economy.
Goyal also met Confederation of Indian Industry (CII) president Vikram Kirloskar, and is also likely to meet various export promotion councils this week to discuss the upcoming foreign trade policy as the country’s outward shipments contracted for the third month in a row in November.
November exports were down 0.34% to $25.98 billion from a year earlier and imports fell 12.7% to $38.11 billion.
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5 Comments on this Story
Dilip 358 days ago
Goyalji, in 2014 we had a concept like Make in india, right? How cepp phone makers, MILK, Micromax, Intex, Lava & Karbonn are decimated by Vivo, Oppo, Xiaomi like Chinese products? Korea finished Indian TV manufacturers, Chinese phone makers finished Indian cellphone makers, now is the turn of cars, fire crackers, textile & then grocery too?
Valerian Pereira398 days ago
Follow china govt policies:
MIcro/small/medium ..self employment..cottage scale..Grassroot industries..and above all
Green revolution should be the Theme.first.
Economy: Economy and Economy...
Only work till you drop..work 3325 days at 10 hours a day till GDP will be at the growth of 10% plus continuously for another 20 years to be there with others like Japan: Usa..
Hand over :
Northeast... Business models to the Japanese..
let them invest and build great northeast.
This race very very potential...
which was neglected earlier.
Let the youth be inducted in army for 5 years and groom them with Hand son..practical..skills to work and earn their own bread..
export manpower to all corners of this planet to acquire business and properties....
work to build their economy.
realdeshbhakt 398 days ago
There ALWAYS Gujarat in every decision and only two companies get all money.Modi should start thinking of india not gujarat.That is why his party is losing in state elections