- The Industry-I Vertical focuses on the continuous growth of trade and industry by developing new policies.
The Vertical envisages holistic development of the industrial and mineral sector in India, encouraging optimum mineral exploitation, decreasing the import of various minerals, and strengthening the supply chain by means of value addition.
The Vertical also plays a crucial role in enabling active engagement of the States and relevant stakeholders in achieving milestones for the industrial and economic development of India. It aims to bring together innovation, technology, and efficient management at the core of policy formulation and implementation.
- Core Functions
- The Vertical deals with policies related to revenue, commerce, corporate affairs, industry and internal trade, and mines and minerals.
- It actively engages with DPIIT, Department of Commerce, Department of Revenue, Ministry of Mines, and Ministry of Corporate Affairs for effective policy formulation.
- The Vertical collaborates with research organisations and development partners for studies and development initiatives in the areas of industry, trade and commerce, revenue, corporate affairs and mines and minerals.
- Analyzing and providing comments on the schemes and proposals of various Ministries/Departments of the Government of India on matters related to industry, trade and commerce, corporate affairs, revenue, and mines and minerals.
- Providing suitable policy suggestions/inputs to various government Departments/Ministries for promoting the overall agenda of industrial growth.
- Institute for Competitiveness
- Line Ministries
- Department of Commerce
- Department of Revenue
- Ministry of Mines
- Ministry of Corporate Affairs
Report Name Download Export Preparedness Index 2020 CII-NITI Aayog’s Clean Industry Report
- Current Projects
Production-Linked Incentive Scheme (PLI)
The contribution of agriculture to India’s GDP has declined over the decades and has been substantially replaced by the manufacturing and service sectors. However, the agriculture sector’s share in job creation has not fallen as much as the fall in its share in GDP. The shares of the manufacturing and agriculture sectors in job creation were 26% (share in GDP: 17%) and 42% (share in GDP: 16%), respectively. Even though the service sector contributes to over 55% of India’s GDP, its capacity to provide employment opportunities is limited. The thrust, therefore, lies on the manufacturing sector to absorb the surplus labour force from the agricultural sector.
To achieve this, the Production-Linked Incentive Scheme was designed. This scheme will provide incentives to companies for enhancing their domestic manufacturing and focus on reducing import bills and improve the cost competitiveness of local goods. The PLI scheme offers incentives on incremental sales of products manufactured in India. The scheme has a total budgetary outlay of Rs 1.96 lakh crores.
It covers a wide array of sectors from those involved in cutting-edge technology to integration with global value chains and job creation, among others. Overall, the scheme is designed to comprehensively cover not only sectors of strength but also those of opportunities where India can gain substantially in the coming years.
To date, sectors under the PLI scheme include electronics, automobiles and auto components, pharmaceuticals, telecom and networking goods, textile, food products, solar modules, white goods, and specialty steel. The Vertical is closely involved in overseeing the implementation and progress of this scheme.
Preparation of Roadmap for Creating Global Champions in Automotive Industry in IndiaThe Indian automotive sector is a USD 100 billion-plus industry, with overall exports of USD 27 billion (2019), comprising auto OEMs (USD 11.7 billion) and auto components (USD 15 billion). Although exports grew at a CAGR of 11.6% (FY16–19), India’s share in global automotive trade has been less than 2% in value terms—indicating a significant opportunity for growth. This has been the driving force for the Vertical’s research study on a roadmap to create global champions in the automotive industry. The recommendations of the study will be taken forward by the Department of Heavy Industry.
Integration of MSMEs on e-Commerce PlatformsA sustainable business via e-commerce can be achieved by introducing a digital infrastructure platform connecting MSME sellers and traders to existing nationwide marketplaces. A study on the ‘Integration of MSMEs on e-Commerce Platforms’ was commissioned in October 2020, which is currently underway. It aims to cover the evaluation of the entire e-commerce and MSME ecosystem in India and develop a roadmap for the integration of MSMEs into e-commerce platforms.
BARC Rare Earth Permanent Magnet Technology Dissemination and Establishment of Plants
Bhabha Atomic Research Centre (BARC) has developed a laboratory-scale process for the conversion of RE oxide to RE metal. BARC currently uses this process to produce up to 1.5 kilograms of Neodymium (RE metal), which is then provided to the Defence Metallurgical Research Laboratory (DMRL) for the development of REPMs. BARC will build a project report outlining the technology and the tentative costs involved in setting up the plants.
- Upcoming Projects
Multimodal Logistics Parks (MMLPs)An overview of MMLPs in India will be undertaken to identify their key challenges and make recommendations for their improvement.
Development of Potential Gold-Bearing Areas in IndiaThe study would identify potential gold-bearing regions that could be developed by 2030. Further, it would chart out a pan-India exploration programme.
Study for Creating Right Perspective on FTAsA survey of the literature on FTAs will be undertaken in order to identify the possible product lines for export from India in current/future FTAs.
Identification of Challenges for Promotion of Capital GoodsThis study will seek to analyze the capital goods sector and provide recommendations to improve its competitiveness and growth.
Task Force on Enforcement of ContractsThe key focus of the task force would be on strengthening India’s commercial dispute mechanism and improving the overall infrastructure to ensure effective contract enforcement.
Export Preparedness Index, 2021The second edition of the Export Preparedness Index report will be prepared by the Vertical to assess the readiness of the States in terms of their export potential and performance.
Review of Performance of Export Promotion CouncilsExisting export promotion councils must be reexamined to formulate appropriate strategies to reorganize the institutional support provided to Indian exporters for augmenting exports.
- Who's Who
Name Designation Email ID Sh. Ishtiyaque Ahmed Senior Adviser ahmed[dot]i[at]nic[dot]in Sh. Rupesh Singh Senior Specialist rupesh[dot]singh2020[at]gov[dot]in Sh. Upendra Kumar Gupta Deputy Adviser upendrakumar[dot]g[at]nic[dot]in Sh. R. Saravanabhavan Deputy Adviser rs[dot]bhawan[at]gov[dot]in Ms. Saumya Gautam Assistant Director gautam[dot]saumya[at]gov[dot]in Ms. Reshma Rajeevan Assistant Director email@example.com Ms. Deepjyot Kaur Associate deepjyot[dot]niti[at]nic[dot]in Sh. Abhishek Mukherjee Research Officer abhishek[dot]mukherjee[at]nic[dot]in Ms. Shikha Juyal Research Officer shikha[dot]juyal[at]nic[dot]in