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.

Total corporate funding in battery energy storage came to $4.7 billion in 17 deals compared to $3.1 billion in 19 deals in Q4 2020. In the first quarter (Q1) of 2021, $1.3 billion was raised in venture capital funding by battery storage, smart grid, and energy efficiency companies, a 410% increase from the $252 million raised in the same quarter last year, according to a recent report. It added that total corporate funding in battery energy storage came to $4.7 billion in 17 deals compared to $3.1 billion in 19 deals in Q4 2020. “Funding was up significantly YoY compared to $244 million in nine deals in Q1 2020,” said consulting firm in its 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.

India has implemented several measures to facilitate trade, such as simplification of procedures and customs clearances for imports and exports, according to WTO. Geneva-based World Trade Organisation said that the other trade-facilitation initiatives introduced by India since 2015 include introduction of Indian Customs Electronic Gateway (ICEGATE); Single Window Interface for Facilitation of Trade (SWIFT); the Direct Port Delivery and the Direct Port Entry facilities; and the increased use of the Risk Management System (RMS). These points were part of the report of India’s seventh Trade Policy Review (TPR), which began on January 6 at the World Trade Organization.

The National Urban Digital Mission (NUDM) has been launched by the Ministry of Housing and Urban Affairs (MoHUA) along with the Ministry of Electronics and Information Technology (MEITY). The event was attended by Secretary, MoHUA & Secretary, MeitY and other officers of the Central and State Governments were also present at the launch.  Several other digital initiatives of MoHUA vis. India Urban Data Exchange (IUDX), SmartCode, Smart Cities 2.0 website, and Geospatial Management Information System (GMIS) were also launched.  These initiatives are among the ongoing efforts of both Ministries to realize the Prime Minister’s vision of Digital India and AtmaNirbhar Bharat, by making cities more self-reliant and enabled to meet the needs of and provide services to their citizens.

• India Urban Data Exchange (IUDX): IUDX has been developed in partnership between the Smart Cities Mission and the Indian Institute of Science (IISc), Bengaluru. IUDX serves as a seamless interface for data providers and data users, including ULBs, to share, request, and access datasets related to cities, urban governance, and urban service delivery. IUDX is an open-source software platform which facilitates the secure, authenticated, and managed exchange of data amongst various data platforms, 3rd party authenticated and authorised applications, and other sources. 

• SmartCode Platform:  SmartCode is a platform that enables all ecosystem stakeholders to contribute to a repository of open-source code for various solutions and applications for urban governance. It is designed to address the challenges that ULBs face in the development and deployment of digital applications to address urban challenges, by enabling cities to take advantage of existing codes and customising them to suit local needs, rather than having to develop new solutions from scratch. 

• New Smart Cities Website ver. 2.0 and GMIS: In order to better connect with people on the Smart Cities Missions efforts and achievements, and to make it easier for ULBs and citizens to access resources related to their work, the Smart Cities Mission website has been redesigned to serve as a single stop for all Smart Cities initiatives. The Geospatial Management Information System (GMIS) is integrated with this website.  

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The Centre is going to launch a National Programme on AI soon. The programme will identify high value data sets in the public sector and provide access to the data to AI models. The government will also set up a Centre for Transformational AI to tap the data in various sectors and make it available for AI models, according to Joint Secretary, MEITY. The govt. will launch Digital India 2.0 with an aim to take the digital service offerings, infrastructure and cyber security to next level. More services will be offered through digital platforms, India will focus on developing indigenous cybersecurity products and robust digital infrastructure.

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.