Global trade bodies push for 3GPP compliant 5G in India
Top trade and technology bodies from the US and UK have told the Indian government to adopt the 5G standards that have been recommended by the 3GPP. India is currently in confusion about which 5G standard it should go with - 5Gi developed by Telecommunications Standards Development Society, India (TSDSI) or the 3GPP developed 5G standard. The top international trade bodies have urged the Indian government to go ahead with 3GPP standards which will give a much-needed push to electronic manufacturing in India as companies will be encouraged to set up their operations in India. “By using globally harmonized standards such as those from 3GPP, companies can set up manufacturing operations in India with the confidence that they can easily serve both the Indian market and export to global markets,” the bodies said in a joint submission letter to the Department of Telecommunications (DoT) and the Telecommunications Engineering Centre (TEC).
Government takes Series of Measures to Incentivize the Manufacturing Sector
-
Production Linked Incentive scheme: For enhancing India’s Manufacturing capabilities and exports, an outlay of Rs 1.97 lakh crore (€23.2 billion) has been announced in Union Budget 2021-22 for production linked incentive scheme for 13 key sectors for 5 years starting from fiscal year 2021-22.
-
Ease of doing business and compliance burden: Initiatives taken for compliance reduction are focused on simplifying and digitizing various processes, reduction in documents in documents to be submitted along with applications, reduction in frequency of inspections, etc.
-
Foreign Direct Investment (FDI): 100% FDI is permitted in manufacturing sector under automatic route.
-
Public Procurement: To promote domestic investment and usage of made in India products by the government, the public procurement (Preference to Make in India) order has been revised on 16.09.2020
-
Industrial Corridor: The National Corridor Program (NICP) has been conceived to promote world class manufacturing facilities and develop futuristic industrial cities in India.
Make in India initiative focuses on 27 sectors under 2.0
Minister of State in the Ministry of Commerce and Industry said that Make in India initiative has made significant achievements and presently focuses on 27 sectors under Make in India 2.0. Department for Promotion of Industry and Internal Trade is coordinating action plans for manufacturing sectors, while Department of Commerce is coordinating service sectors. Accordingly, the Govt. is making continuous efforts under Investment Facilitation for implementation of Make in India action plans to identify potential investors. Investment Outreach activities are being carried out for enhancing international co-operation for promoting FDI and improve Ease of Doing Business in the country.
MeitY formulates policy paper on circular economy to deal with e-waste
Centre has formed 11 committees, each led by a ministry, to prepare action plans for transitioning from a linear to a circular economy in their respective focus areas. Aiming to deal with e-waste as part of the larger plan of the govt. to encourage circular economy or ensuring zero to minimal wastage in the use of electronics and electrical sector, the Ministry of Electronics & Information Technology has formulated a policy paper that deals with these issues. The paper, "Circular Economy in Electronics and Electrical Sector," focuses on the life cycle of electronics including stages of raw material acquisition, design, manufacturing /production stage, consumption to end of life (e-waste) management, and secondary raw materials utilisation.
India makes clean energy commitments at UN Summit
India makes clean energy commitments at UN summit India at the first leader-level meeting on energy under the UN General Assembly in 40 years has made commitments to increase renewable energy installed capacity to 450 GW by 2030 and develop and implement a National Hydrogen Energy Mission to scale up annual green hydrogen production to 1 MT by 2030. Also, it announced to begin a Production Linked Incentive Scheme to add 10 GW solar PV manufacturing capacity by 2025. India's announcements were among new multi-billion-dollar commitments made to countries to increase renewables and access to electricity and clean cooking technologies.