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Invest India desks in states to guide trade, investment: Goyal.
Jun 06, 2023

The Union ministry of commerce and industry plans to shut down all the Directorate General of Foreign Trade offices and convert them into trade and investment offices under the Invest India platform, said Union commerce minister Piyush Goyal here on Friday.
 
The move comes nearly five years after the Directorate General of Foreign Trade (DGFT) closed its office in Goa.
 
'I have already instructed them to close all DGFT offices in the country,' said Goyal while interacting with industry leaders. 'I am converting DGFT and moving those officers to Invest India and now they will facilitate trade and investment promotion. All the DGFT offices will be made into trade and investment offices.'
 
He said that these officials will promote exports by handholding the industry but will also provide support for domestic and foreign investments. 'Don’t ask me to start the DGFT office (in Goa) again because I have moved everything online,' said Goyal.
He said that the DGFT officers have been asked to hold a virtual meeting with the industry every morning to address concerns and regulatory glitches.
 
The Union minister also expressed readiness to promote Goa’s tourism and pharmaceutical sectors.
 
'We will be inviting 20-30 of the top pharma companies, and in that, I will look at four or five hubs, including Goa, where we can try and expand the pharmaceutical industry,' said Goyal. He named Gujarat, Goa, Hyderabad and Himachal Pradesh as likely hubs for expansion of India’s pharmaceutical manufacturing and exports.
 
He also urged major pharmaceutical firms to come together, create a corpus, and collectively form a Centre of Excellence instead of waiting for the government to create such a facility.
 
Addressing the tourism sector, Goyal indicated that the Centre could create a joint working group with representatives of various departments and the Goa government to see how Goa’s tourism sector could be promoted. Citing the example of the Maldives, Goyal said that Goa should pursue a high-value tourism model.
 
Meanwhile, chief minister Pramod Sawant, who was also present for the interaction, informed the pharmaceutical sector that Manohar International Airport at Mopa will soon commence cargo operations. Transport minister Mauvin Godinho said that while the airport at Mopa continues to add more flights to new destinations, Goa International Airport at Dabolim has also witnessed an increase in flights.
    
timesofindia.indiatimes.com

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