As part of the ease of doing business in the country, the government is committed to introducing a single-window clearance mechanism for investors by mid-April next year. This technology-based platform for both domestic or global investors envisages to give all the information about the land, procedures, requirements and requirements to get that investment proposal cleared. "It will lead to a unified single sheet of information, which other approval ministries will draw. So, the investor doesn't have to do multiple applications in the end. Although, it is not going to replace any important approval because these are all important approvals.

As per Directorate General of Foreign Trade (DGFT) notification, the import of new electronics and IT goods without BIS registration is now prohibited. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the Ministry of electronics and IT (MeitY).

Government’s think tank NITI Aayog is working on an ITeS policy to introduce Intelligent Transport System (ITS) in the country in the wake of increasing fatalities.The Government would soon be announcing measures to curb the high deaths occurring on roads, Many initiatives towards transportation are taken where the idea is to have seamless, connected, shared, digitalized and zero-emission free mobility.

The World Bank has committed to provide India funds worth $300 million to aid its energy efficiency programme. The move will help the government set up the requisite infrastructure to push forward its ambition of expanding e-mobility in the country. The aid received from the World Bank will supplement the funds that the Centre proposes to raise by levying a one-time fee from conventional fuel based vehicle buyers in a bid to provide financial assistance to the e-mobility programme.

Union Cabinet has given its approval to the Setting up of a new company under Department of Space (DoS), to commercially exploit R&D work carried out by Indian Space Research Organization (ISRO) Centers and constituent units of DOS.  The cabinet decision will definitely encourage the private sector to indulge more in production of launchers and satellites.

A new National industrial policy, aimed to develop global value chains, and to boost India’s manufacturing competitiveness, is awaiting cabinet approval.  Manufacturing cannot happen end to end only in one geography, and it has to be part of a global value chain and global supply chain. That is why a new industrial policy focusing on developing mutually beneficial value chain and supply chains is required.

SESEI drafted and released a sectorial report on Indian ICT Sector covering the most important & significant IT and telecommunications sector profile, Industry trends & projections, key market players, new government policies and initiatives. Report can be downloded here and presentation is available here