India finalises norms of Rs 12,000 crore (€1.4 billion) PLI scheme for telecom manufacturing: Report
The Indian government has finalized PLI norms for the telecom and network equipment manufacturing. The cabinet had recently approved the broader PLI scheme worth Rs 12,200 crore (€1.4 billion) to boost local manufacturing of telecom gear for both the domestic market and exports. The scheme will cover core transmission equipment, 4G/5G and next-generation radio access network and wireless equipment, access, and customer premise equipment (CPE), Internet of Things (IoT) access devices, and enterprise equipment such as switches and router.
MEITY invites applications for second round of large-scale electronics manufacturing under PLI scheme
The government has started inviting applications for the second round of large-scale electronics manufacturing under the production-linked incentive (PLI) scheme with focus on some electronic components like motherboards boards semiconductor devices, among others. The application window for the scheme has been opened till March 31 which may be further extended, as per guidelines issued by the Ministry of Electronics and IT (Meity).
Cabinet approves PLI scheme for air-conditioners, LED lights, etc.
The Union Cabinet approved the production-linked incentive (PLI) scheme for air conditioners (ACs) and light-emitting diode (LED) lights with an aim to boost the local component supply ecosystem for these items. Under the new PLI, a sum of Rs 6,238 crore (€73 billion) has been approved as incentives to selected manufacturers over a five-year period starting 2021-22. Since last April, the cabinet, headed by Prime Minister, has approved PLI for five sectors. But unlike the previous ones the latest scheme solely focuses on component manufacturing.
Ministry of Power (MoP) has released following notifications:
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Central Electricity Authority (CEA) notified Draft Central Electricity Authority (Measures Relating to Safety and Electric Supply) Regulations, 2021 for public comments. Read more/Download
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Central Electricity Authority (CEA), Ministry of Power (MoP) invited comments on draft standard technical specifications of Transformer (s) for Solar Park Pooling station. Read more
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Notification on the division and demerger of the Central Transmission Utility and Power Grid Corporation of lndia Limited Transfer Scheme, 2021. Read more/Download
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Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Round-The Clock Power from Grid Connected Renewable Energy Power Projects, complemented with Power from any other source or storage.
India finalises norms of Rs 12,000 crore (€1.4 billion) PLI scheme for telecom manufacturing: Report
The Indian government has finalized PLI norms for the telecom and network equipment manufacturing. The cabinet had recently approved the broader PLI scheme worth Rs 12,200 crore (€1.4 billion) to boost local manufacturing of telecom gear for both the domestic market and exports. The scheme will cover core transmission equipment, 4G/5G and next-generation radio access network and wireless equipment, access and customer premise equipment (CPE), Internet of Things (IoT) access devices, and enterprise equipment such as switches and router.The Indian government has finalized PLI norms for the telecom and network equipment manufacturing. The cabinet had recently approved the broader PLI scheme worth Rs 12,200 crore (€1.4 billion) to boost local manufacturing of telecom gear for both the domestic market and exports. The scheme will cover core transmission equipment, 4G/5G and next-generation radio access network and wireless equipment, access and customer premise equipment (CPE), Internet of Things (IoT) access devices, and enterprise equipment such as switches and router.
PLI scheme to boost India's manufacturing output by $520 bn in 5 years
Prime Minister said production linked incentive scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by USD 520 billion in the next five years. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about USD 520 billion in the next five years". There is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
Foreign Trade Policy 2015-2020 extended for 6 months till September 2021
The Union Commerce and Industry Ministry announced extension of the Foreign Trade Policy (FTP) of Government of India. The present Policy which came into force on 1st April 2015, was for 5 years and was extended thereafter upto 31st March, 2021. In view of the unprecedented situation arising out of the pandemic Novel COVID-19, which is persisting, the Government has decided to continue benefits under various export promotion schemes by extending existing Foreign Trade Policy by another six months i.e. up to 30th September, 2021 which will provide continuity in the policy regime. Similar extension is made in the related procedures, by extending validity of HandBook of Procedures.
Fime has collaborated with the Government of India to develop and launch the testing infrastructure for India’s National Common Mobility Card (NCMC). Part of the national Make in India program, the ambitious initiative will deliver ‘One nation, one mobility card’ to bring unity, efficiency and smoother end-to-end travel experiences to India. Fime has become the first transit testing lab in India. Its technical consultancy, next-gen test tool and testing services are now helping local vendors, transit operators and banks to define, design, deliver and test automated fare collection (AFC) systems with confidence.
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Implementation of Public Procurement (Preference to Make in India) Order, 2017 - Notification of RE items under para-3(a) of PPP-MII Order. Read more
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Pre-qualification criteria for Elevator/Lifts. Read more
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Misclassification of Goods as Works in procurement. Read more
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New safety norms for vehicle manufacturers under discussion: Official Read more
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Government of India and FIME move closer to national mobility scheme roll-out. Read more
Department of Telecommunications (DoT) to issue guidelines for implementation of PLI in telecom
DoT is likely to issue guidelines on implementation of production-linked incentive (PLI) schemes for manufacturers in the sector and start inviting applications for the same. Telecom gear makers firms such as Ericsson and Nokia are keen to expand their operations in India, and global companies like Samsung, Cisco, Ciena and Foxconn have "shown interest" to set up manufacturing bases in the country for telecom and networking products for domestic and export markets. "Telecom PLI has already been approved by the government. The DoT is ready with guidelines to implement it, application format, incentive allocation, etc.