India has been ranked 40th out of 53 countries on a global intellectual property index 2020. India was placed at 36th position among 50 countries in 2019. India’s score, however, increased from 36.04% (16.22 out of 45) in 2019 to 38.46% (19.23 out of 50) in 2020, a 2.42% jump in an absolute score.  The index was released as part of the annual report prepared by the Global Innovation Policy Center (GIPC) of the US Chambers of Commerce.

Union Minister for Commerce and Industry said that Indian industry has to align with global standards to speed up the vision of Make in India. He said, quality of the final product cannot be compromised as it is the deciding factor of industry's competitiveness. He also added that any country which does not allow equal, reciprocal access to our products and services in their country, government will not allow them to participate in governmental contracts in India.

The government will soon frame efficiency parameters for batteries powering EVs as it invites bids for setting up gigafactories or giant battery plants in India. A high-level panel has been set up under the Bureau of Energy Efficiency to frame performance criteria and efficiency parameters that can help battery swapping in EVs. Battery swapping will allow consumers to replace depleted batteries with fully charged ones. This can only happen once standards and parameters are in place and adhered to by all battery manufacturers.

The New Foreign Trade Policy will come into effect by April 1, 2020, from Directorate General of Foreign Trade (DGFT). DGFT is committed to help industry in the ease of doing business. There are several export promotions schemes and the exporters must reap the benefit out of them. The DGFT is committed to multi-lateral trading system and is currently reworking on making the schemes compliant with the WTO guidelines

There is a target to formulate technical regulations for about 5,000 products. The Bureau of Indian Standards (BIS) has been tasked to prepare these regulations. India imports about 11,500 goods per year. Union Budget 2020 India: Finance Minister said all ministries will issue quality standards orders during the course of this year. The move would help in promoting sale of quality goods in the country and cut import of sub-standard goods.

The government of India notified 12 electronic products, including external hard drive, wireless headphone and earphones, television other than plasma, LCD and LED TV sets, that would require mandatory registration under the Bureau of Indian Standards (BIS) before sale in the country. The government in the notification for "Addition of product categories to the Schedule of the "Electronics and Information Technology Goods (Requirements for Compulsory Registration) Order, 2012"…..

No imports will be allowed without HSN code into the country said the Union Minister of Commerce & Industry and Railways. Commerce & Industry Minister said that henceforth there must be zero tolerance for substandard products and services from industry and consumers. Government will support industry in every way to establish standards for Indian goods and services to meet international requirements so that brand India is recognized in the world as a provider of quality products and services.

The Union Commerce and Industry Ministry today announced changes in the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force on 1^st April 2015, is for 5 years and has validity upto 31^st March, 2020. In view of the unprecedented current situation arising out of the pandemic Novel COVID-19, the Govt. has decided to continue relief under various export promotion schemes by granting extension of the existing Foreign Trade Policy by another one year i.e. up to 31^st March 2021. Several other relief measures have also been announced to support trade and industry. 

G.S.R. 37(E) regarding mass emission standards for Di Methyl ether and M85. Read more/Download