Atul Chaturvedi, Additional Secretary in the Department of Industrial Policy and Promotion, under the Ministry of Commerce and Industry, said at a conference on November 22 that the country was in the final leg of drafting a new industrial policy. "We are especially focusing on India becoming a part of the global value chain. We will take forward manufacturing to a different level, but also focus on promoting leadership," he added.
Chaturvedi said the government was now doing faster trademark and patent registrations and was also focused on manufacturing competitiveness.
He added that the government has taken several initiatives in improving the business environment of the country by undertaking certain structural reforms.