Govt expands SCALE committee, appoints 3 new members
The government has expanded the SCALE committee (Steering Committee for Advancing Local Value-Add and Exports) by adding three new members, hailing from diverse industry backgrounds, according to an industry insider.
The new appointees are Panasonic India Chairman and CEO Manish Sharma, Toyota Kirloskar Vice-Chairman Vikram S Kirloskar, and Asian Paints co-promoter and Chairman Addverb Technologies Jalaj Dani, he said.
The SCALE Committee is formed by the Ministry of Commerce and Industry has been working closely with the Department for Promotion of Industry and Internal Trade (DPIIT) under the guidance of the ministry.
It has facilitated the development of two dozen working groups to address specific issues to accelerate local manufacturing. Each working group includes at least six-seven companies' representatives from one manufacturing segment as well as liaisons with their respective ministries on effectively addressing the challenges.
The SCALE committee has given impetus to the production-linked incentive (PLI) scheme, which is enabling the environment for domestic manufacturing capability in the country.
The government has allocated Rs 1.97 lakh crore to 13 key sectors in the Union Budget 2021-22, which will pave the way for a game-changing shift towards Atmanirbhar Bharat.
Through the PLI scheme, the minimum additional production in India over the next five years is expected to be at around Rs 37.5 lakh crore in sectors such as white goods (ACs and LEDs), auto components, pharmaceuticals drugs, specialty steel, and telecom & networking products, among others.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Internal Trade
- telecom & networking
- Steering Committee
- Addverb Technologies
- Jalaj Dani
- The SCALE Committee
- Manish Sharma
- Salil Singhal
- Panasonic India
- Steering Committee for Advancing Local Value-Add
- Ministry of Commerce and Industry
- Department for Promotion of Industry
- PI Industries
- CFO Sehshagiri Rao
- Pawan Goenka