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E-mobility mission to be implemented in phases based on auto industry feedback

The National Electric Mobility Mission Plan (NEMMP) 2020 will be implemented in phases based on the feedback from auto industry. The Minister of State for Heavy Industries promised all support to the auto industry on policy matters to ensure smooth and efficient transformation of the automotive industry from internal combustion (IC) to electric powertrain.

NEMMP 2020 is a mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. This plan has been designed to enhance national fuel security to provide affordable and environmentally friendly transportation and to enable the Indian automotive industry to achieve global manufacturing leadership.

Energy Efficiency & Environment including Circular Economy

MAIT Releases Report on Enhancing Export Competitiveness of India’s Electronic Hardware Manufacturing Ecosystem

Manufacturers’ Association of Information Technology (MAIT), released the report titled “Enhancing Export Competitiveness of India’s Electronic Hardware Manufacturing Ecosystem”. The report commissioned by MAIT, focuses on analysing the current ecosystem to outlining a combination of policy reforms, consisting of reimbursements of state and central tax levies, relaxation on corporate income tax and production-based incentives to boost the electronics manufacturing in the country. 

As part of its mandate of enhancing ‘export-led electronics manufacturing’, MAIT has worked out a roadmap for the electronics sector with specific emphasis on Mobiles, Datacom and PCs.

ICT

DoT issues Guidelines for 5G trials across all available Spectrum bands Cabinet

The Department of Telecommunications (DoT) has issued guidelines for 5G trials across all available spectrum bands indicating to allocate up to 400 MHz of radio waves for experiments. The DoT has fixed a uniform fee of INR 5,000 (~64 Euro) for the trial licence. However, its validity will range between 3 month and 2 years, depending on the purpose for which the trial is being conducted.

The government has plans to conduct spectrum auction for 5G services by the end of this year to enable the roll-out of commercial services using the technology in 2020.

Indian entities involved in R&D, manufacturing, telecom operators and academia for the purpose of R&D and experimentation can get licence for a period of "up to two years, renewable on case to case basis by WPC, subject to truncation to prevent interference to licensed operations".

Other's

New industrial policy to be announced soon

The government will soon announce a new industrial policy aimed at promoting growth of industries and creation of jobs.

Addressing the joint sitting of both Houses of Parliament, the President said work is underway in full earnest to transform India into a global manufacturing hub. "Keeping in view Industry 4.0, a new industrial policy will be announced shortly.

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis. This will be the third industrial policy after the ones released in 1956 and 1991.

The proposed policy aims at promoting emerging sectors and modernising existing industries. It will also look to reduce regulatory hurdles and encourage adoption of frontier technologies such as robotics and artificial intelligence.

TAGS #MII
Other's

Government looks to develop electronics component manufacturing base in India

of Electronics and Information Technology (MEITY)'s secretary said that the government is now working on policies to develop electronic components manufacturing base in the country and encourage exports. "From near assembly, India is right now moving in that direction seriously with policies to bringing sub-assemblies, component manufacturing in India. 

Once printed circuit board (PCB or the motherboard) assembly takes off in India, it will not only cater to the mobile phone segment, but also other major electronic devices, he added. The last five years, the MeiTY secretary said, witnessed a resurgence of manufacturing in India, starting with assembling of mobile phones. "From around 6 crore mobile phones that were being assembled in 2014-15, we closed the last financial year with assembly of 29 crore mobile phones within the country.

Other's

New policy to supercharge handset making

An inter-ministerial panel set up by the Prime Minister’s Office (PMO) to develop India as a hub for electronics exports will release its policy, focused on how to further boost handset manufacturing, within one month, top government officials said.

A larger policy for the entire electronics manufacturing ecosystem will also be put in place in the next two to three months, which will include fresh incentives and sops to promote India as a global manufacturing hub. Electronics and IT minister said the time had come to make India a big hub for export of electronics and components. “India will offer you human resource, investor-friendly policies and incentives for making in India, and for exports,” he said, urging companies such as Apple and Samsung to expand their manufacturing base in India and use the country as an exports hub.

TAGS #MII
Other's

Cabinet approves proposal for Review of FDI policy on various sectors

The Union Cabinet has approved the proposal for Review of Foreign Direct Investment (FDI) on various sectors.

Major Impact and Benefits from FDI Policy Reform

  1. The changes in FDI policy will result in making India a more attractive FDI destination, leading to benefits of increased investments, employment and growth.
  2. In the coal sector, for sale of coal, 100% FDI under automatic route for coal mining, activities including associated processing infrastructure will attract international players to create an efficient and competitive coal market.
  3. Further, manufacturing through contract contributes equally to the objective of Make in India. FDI now being permitted under automatic route in contract manufacturing will be a big boost to Manufacturing sector in India.
TAGS #FDI #MII