In the month of October 2011, Indian government announced its National Policies on Electronics 2011 and based on suggestions from different stakeholders, government has incorporated key measures in the policy.
Some of these key measures (important sections are highlighted):
– To facilitate setting up of Semiconductor Wafer Fabs and its eco-system for design and fabrication of chips and chip components.
– To provide Preferential Market Access for domestically manufactured/designed electronic products including mobile devices, SIM cards with enhanced features, etc. with special emphasis on Indian products for which IPR reside in India to address strategic and security concerns of the Government consistent with international commitments.
– To create an “Electronic Development Fund” to promote innovations and IP and R&D, commercialization of products, etc in ESDM, nano-electronics and IT sectors by providing appropriate funding/incentives to industry/academic/R&D institutions.
– To provide incentives for setting up of over 200 Electronic Manufacturing Clusters (EMCs) with world-class logistics and infrastructure and easy to do business facilities.
– To provide attractive fiscal incentives across the value chain of ESDM sector through a Modified Special Incentive Package Scheme (M-SIPS) to eliminate the disability costs in manufacturing on account of infrastructure gaps relating to power, transportation, etc and to mitigate the relatively high cost of finance, etc.
– To set up a National Electronics Mission (NEM) with industry participation to evolve programmes in pursuit of the laid down policies and also to create institutional mechanism to advance the implementation of various programmes aimed at achieving the objectives enumerated in this policy and to promote as un Electronic Hardware Manufacturing Hub and suitably market “Brand India” in electronics.
– To encourage the usage of LED lighting solutions especially in rural markets through innovative products like solar LED lamps, public places like street lighting, traffic lights etc. to promote the manufacture of LED and LED lights.
– To build manufacturing capacity of solar photo-voltaics to support the generation of 20 GW of solar power by 2020.
The draft Policy proposes to achieve the turnover of electronic system design and manufacturing sector to USD 400 billion by 2020.
– Download draft copy of National Policy on Electronics 2011 (pdf).