Apple India MD, SBI Chairman Join Piyush Goyal’s 29-Member Board of Trade

The Centre has appointed 29 non-official members to the Board of Trade, a body chaired by Commerce and Industry Minister Piyush Goyal.  

The appointments were notified by the Directorate General of Foreign Trade (DGFT) on Tuesday. 

Among those named are State Bank of India Chairman C.S. Setty, Apple India Managing Director Virat Bhatia and Mahindra & Mahindra Managing Director and CEO Anish Shah.  

The board includes representatives from industry, trade bodies, states, Union Territories, and government departments. 

Focus on Exports and Manufacturing 

The Board of Trade acts as a consultative platform on matters related to exports, imports, and manufacturing. It brings together stakeholders from different sectors to discuss trade-related issues and policy implementation. 

According to the notification, the newly appointed members will support activities linked to the District Export Hub programme.  

Their work will include participation in awareness workshops, identification of products with export potential, and promotion of selected products from various districts. 

Members from Diverse Sectors 

The list includes business leaders from sectors such as automobiles, pharmaceuticals, steel, logistics, technology, and healthcare.  

Among them are Zoho Corporation co-founder Shridhar Vembu, IN-SPACe Chairman Pawan Goenka, EY India Chairman and CEO Rajiv Memani, and Dr. Reddy’s Laboratories Chairperson Satish Reddy. 

Other members include Tata Motors MD and CEO Shailesh Chandra, JSW Cement MD Parth Jindal, ArcelorMittal Nippon Steel India CEO Dilip Oommen and Yashoda Group of Hospitals MD Upasana Arora.  

Representatives from export associations and chambers of commerce have also been included. 

Advisory Responsibilities 

The members will provide inputs on measures for increasing exports and improving trade performance. They are expected to review export trends across sectors, identify constraints affecting shipments, and suggest sector-specific recommendations. 

The board will also assist state governments in preparing export strategies aligned with the National Foreign Trade Policy and support plans to expand district-level participation in exports. 

Background 

In 2019, the government merged the Council of Trade Development and Promotion with the Board of Trade. The merger was intended to create a single forum for consultations between the Centre, states, industry groups, and exporters on trade-related matters. 

Read More: RBI Launches FY26 Surveys on Mutual Fund Global Exposure and IT Services Exports! 

Conclusion 

The 29 newly appointed members will take part in discussions on export promotion, trade policy and district-level export initiatives through the Board of Trade framework. 

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