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India Plans High-Tech Waiver From Mandatory BIS Certification Rules

India Plans High-Tech Waiver From Mandatory BIS Certification Rules
Chip units to get waiver from mandatory standards · financialexpress.com

India wants high-tech companies to get parts from anywhere in the world more easily.

Right now, some imported parts need special quality approvals.

The government says these approvals can take too long.

This may be especially difficult for semiconductor companies, which use many different components.

Commerce Minister Piyush Goyal said a chip company may need 13,501 components.

The proposed rules would remove mandatory certification requirements for high-tech sectors.

The government also wants to build special industrial parks for international manufacturing partnerships.

It says these steps could make supply chains stronger and help Indian companies manufacture in more countries.

Key facts

Proposed exemption
High-tech sectors would be exempt from mandatory standards certifications for imported components.
Example sector
Semiconductors, whose companies may require 13,501 components to make a chip.
Trade agreements
India has concluded nine agreements over the past four to five years.
Market coverage
Those agreements cover 38 developed countries with a combined GDP of about $60 trillion.
Proposed infrastructure
US-India industrial parks and two, three, or five specialized auto-component parks.
Infrastructure model
The proposed parks would offer plug-and-play facilities tailored to industry requirements.

Quotes

Piyush Goyal

India’s Commerce and Industry Minister

“One semiconductor company needs 13,501 components to make a chip. We are coming up with a new regulation where high-tech sectors will be exempt from all mandatory standards certifications, allowing companies to source from anywhere in the world to build resilience.”
financialexpress.com
“Now it is time that we go to the world. We start manufacturing across the world. We will start making our footprint in developed countries.”
financialexpress.com

Sources

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