India's Board of Trade has appointed 29 new members, including SBI Chairman C S Setty and Apple India MD, to strengthen its export strategies. This move, effective from June 2, 2026, aims to foster collaboration between public and private sectors to boost manufacturing and exports.
Strategic Appointments
The Board of Trade, which integrates the Council of Trade Development and Promotion, now includes prominent industry leaders such as:
- Sunita Ramnathkar, President, IMC Chamber of Commerce and Industry
- Satish Goel, President, All India Rice Exporters Association
- Vikrampati Singhania, President, Automobile Components Manufacturers Association
- Sanjay Nayyar, Founder, Sorin Investments
- Prashanth Prakash, Partner, Accel
- Puran Dawar, Chairman and Founder, Dawar Group
- Shashi Kiran, Founder & Executive Chairman, Allcargo Group
Objectives and Responsibilities
The board's primary objectives include:
- Facilitating the implementation of District Export Hub events.
- Advising on policy measures for export strategy development.
- Reviewing export performance and identifying sector-specific constraints.
"These appointments are crucial for aligning state export strategies with the National Foreign Trade Policy," noted a commerce ministry official.
Impact on Trade Policy
The board will play a pivotal role in shaping both short and long-term plans to optimize export earnings. It will also provide a platform for discussing ways to enhance India's manufacturing capabilities.
| Role | Name | Organization |
|---|---|---|
| Chairman | C S Setty | SBI |
| Managing Director | Apple India | Apple |
| President | Sunita Ramnathkar | IMC Chamber of Commerce and Industry |
Future Prospects
With these strategic appointments, the Board of Trade is expected to drive significant improvements in India's trade policies, potentially increasing export volumes and enhancing bilateral trade relationships.
