New Delhi, Aug 19 (UNI) Minister of State for Commerce and Industry, Jitin Prasada, today highlighted different initiatives taken by the government for driving exports as well as domestic manufacturing.
Stressing India’s commitment to driving exports, Jitin Prasada informed the Lok Sabha in a written reply, “ A major thrust has been placed on expanding market access through Free Trade Agreements (FTAs). Notably, India signed the Comprehensive Economic and Trade Agreement (CETA) with the United Kingdom on 24th July 2025, marking a significant milestone in bilateral trade relations. Negotiations for the India-European Union Free Trade Agreement are ongoing with an aim to conclude by the end of the year.”
The Minister also pointed towards the Production Linked Incentive (PLI) scheme for 14 key sectors, including Electronics, IT hardware, Pharmaceuticals, Bulk Drugs, High-Efficiency Solar PV Modules, Automobiles & Auto Components, White Goods, Telecom, and Network Products.
Minister Prasad also highlighted ‘National Logistics Policy’ and ‘PM Gati Shakti’ as forerunner schemes to drive the efficiency of the logistics sector.
For successfully implementing these schemes, a National Industrial Corridor Development Programme (NICDP) was launched, aimed to transform India as a global manufacturing hub.
“The Government has taken measures to promote exports from the Districts as part of the Export Hubs Initiative. It includes identification of the products and services with export potential in all the districts of the country in consultation with all stakeholders, including the states/UTs. An institutional mechanism has been set up in all States/UTs by forming the State Export Promotion Committee (SEPC) and District Export Promotion Committee (DEPC) at the district level,” the Minister added.
Highlighting the results, the Minister stated, “Further, the PLI scheme for Large Scale Electronics Manufacturing has significantly impacted the Mobile manufacturing sector in India, particularly in transforming India from a net importer to a net exporter of mobile phones. The export of mobile phones has increased from Rs 1,500 cr in 2014-15 to more than Rs 2 lakh cr in 2024-25.”
“Bharat is now the second-largest mobile manufacturing country in the world. In addition, the pharmaceuticals sector has witnessed cumulative sales of Rs 2.66 lakh cr, which includes exports of Rs 1.70 lakh cr achieved in the first three years of the scheme,” the Minister added. UNI SAS SSP
India’s forerunner government schemes transforming country as ‘Global Export Hub’
