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Press Release

Commerce Minister kicks off New National Industrial Policy Consultation with FICCI In Guwahati

Feb 03, 2018

 

Guwahati, 3 February 2018: Commerce and Industry Minister Mr Suresh Prabhu kicked off a series of nation-wide consultations with the industry on the proposed new Industrial Policy. The first consultation was held at Guwahati on February 02. The event, organized by Department of Industrial Policy and Promotion (DIPP) in partnership with Federation of Chamber of Commerce and Industry (FICCI), was attended by more than 120 industrialists from the North East in addition to government officials from the North Eastern States.

In his speech, the Minister emphasised the importance of this exercise being done after 25 years. He highlighted that  this is the first time a policy is being designed that truly listens to and objectively equips Indian industry for the future. The prior attempts in 1956 and 1991 were driven by ideology or formulated at a time of financial crisis.

 The minister underscored the change in the culture of governance under the current NDA government. He showcased how the government was coming to the industry to understand their concerns rather than the other way around.

 The Minister stressed the laser focus of the government to make business easier for industry. In this regard, he highlighted multiple initiatives of the government to reduce the burden of regulations for the industry. He also talked about the importance of center-state cooperation and the need for change even at the district-level. 

The event was also attended by Mr Chandra Mohan Patowary, Minister of Industries & Commerce, Government of Assam. In his remarks Mr Patowary emphasized the North East region���������s potential to be a gateway to South East Asia and mentioned the recent initiatives of the government in this regard. He also highlighted the need for Industrial Policy for the North East

Ms Vandana Kumar, Joint Secretary,  made a detailed presentation on the key highlights of the proposed policy. She mentioned the dual challenge of dealing with existing issues of the industry and in preparing the industry in the wake of global mega-trends such as servification, industry 4.0, responsible indsutrialization and rising protectionism. The New industrial policy envisions to create a competitive Indian industry that is equipped with skill scale and technology. Ms Kumar also highlighted some of the key ideas such as a single ID and digital platform  for all G2B services across the business lifecycle, paradigm shift toward self-certification and third-party certification, plug and play infrastructure for SMEs,  privatizing maintenance of industrial estates and creating a national R&D vision. 

Mr Puneet Dalmia, Managing Director, Dalmia Cement Bharat and Chairman FICCI Manufacturing Committee mentioned the need to bridge the trust deficit and doing business further easier. Mr Atul Chaturvedi, Additional Secretary DIPP, Dr Sanjaya Baru Secretary General FICCI, Mr Dilip Chenoy Director General of FICCI also graced the occasion. 

The session concluded with a vibrant Q&A session moderated by Dr Sanjaya Baru, Secretary General FICCI with the industrialists who highlighted their wishes and concerns.

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