Government mandates BIS certification for import of electronics and IT goods
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).
PM launches country’s 1st indigenously build supercomputer
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.
Union Cabinet approved new National Electronics Policy (NEP) 2019
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 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.