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.

India has sought investments from German companies in areas including smart cities and construction of airports to increase economic cooperation between the countries. India also expressed keenness to increase collaboration with Germany in areas such as smart cities, technology for green energy etc. Currently, 80 Indian companies operate in Germany.

ID Tech and Indian Institute of Technology (IIT) Ropar has signed MoU to identify and enhance joint research and development in the field of Internet of Things (IoT) and Radio Frequency Identification (RFID).  Under this MoU, IITRPR and ID Tech will jointly work on value creation for major Government initiatives across smart cities, as well as for the logistics and transportation domain, by leveraging advanced technologies.

The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and France on technical bilateral cooperation in the field of new and renewable energy.   India and France aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit, equality and reciprocity.

The European Union is upbeat on Indian innovators, startups, incubators and accelerators for collaboration in space technology.  The collaboration has been on for almost four years, the two sides are also working together in the space sector on Copernicus and Galileo, the EU’s flagship Earth observation and navigation programmes, respectively. For Galileo, the grouping is promoting startups and Global Navigation Satellite System (GNSS) market applications in India.

Indian motorcycle giant and the world’s largest motorcycle and scooter manufacturer, Hero MotoCorp, have announced their first R&D Centre in Stephanskirchen, Germany and is simply called the Hero Tech Center Germany GmbH. The centre will focus primarily in the development of new vehicles concepts and future technologies. This new facility in Germany will only help the company move further into creating newer products and maybe even bigger international markets.

Hon'ble Prime Minister Sri Narendra Modi inaugurated National Supercomputing Mission (NSM)’s first indigenously build supercomputer ‘Param Shivay’ at IIT, BHU, Varanasi.   NSM is being implemented by the Department of Science and Technology (DST) and MeitY Jointly and led by C-DAC and Indian Institute of Science (IISc), Bengaluru. The mission supports the government's vision of 'Digital India' and 'Make in India' initiatives.

The Cabinet has approved National Policy on Electronics 2019 in February 2019, which was proposed by Ministry of Electronics and Information Technology (MEITY) in 2018. The Policy aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.  NEP 2019 replaces NEP 2012.

The government will soon approve the power tariff policy which would provide for a penalty for unscheduled power cuts except in the case of technical faults or act of God (natural calamities) by distribution companies from April 1, 2019. In addition, second version of UDAY scheme (UDAY 2.0) meant for revival of debt-laden discoms is being worked out and would be launched with more technological interventions to reduce their Aggregate Technical and Commercial (AT&C) losses.

The Union Cabinet has approved the National Policy on Software Products 2019 to develop India as the global Software Product hub, driven by innovation, improved commercialization, sustainable Intellectual Property (IP), promoting technology start­ups and specialized skill sets. Policy aims to help the industry grow at CAGR of 40% to reach USD 70-80 billion by 2025, while creating employment opportunities for 3.5 million people.