skip to content
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Budget 2015: IESA recommends to promote localisation of products and demand

- Advertisement -

electronicsFebruary 20, 2015: With budget to be out in another one week’s time, India Electronics & Semiconductor Association (IESA) sets out a few recommendations for the Indian government and the Finance Minister to help boost the ESDM eco-system. Ashok Chandak, chairman, India Electronics & Semiconductor Association (IESA), shares his views.

Set up electronics commission: The absence of an electronics commission has been deeply affecting the ESDM players and the ecosystem. There is an immediate need of setting up and Electronic Regulatory Commission(with industry representative) similar to the Telecom Regulatory Commission in India which will act as a One Stop Shop for implementation of policies, regulations, approvals, resolving issues, etc for the electronics companies in India and to provide a fair and transparent policy environment which promotes a level playing field and facilitates fair competition. The Commission thus should make all efforts to encourage the growth of the ESDM sector in the country and will ensure that the country will play an important role in the emerging world information society.

Deemed export status for ITA1 products: The status of “deemed export” should be granted to ita1 products/components manufactured and sold in india. This would enable the benefits of drawback, advance authorization and refund of output Excise duty paid by manufacturers by availing credit of input taxes paid on components imported and made in the country and paid for in cash for value addition. Domestically manufactured electronic products (DMEP) for the purpose of conferring the status of deemed export on them should be identified by using domestic value addition norms, where the threshold progressively increases over the years.

- Advertisement -

Promote localisation of products and demand:

  • Apply additional import duty on NON ITA 1 products
  • Fast track DRM transmitters installation to promote Digital Radio’s and Car audio systems designed and manufactured in India
  • Implement smart metering in all states electricity boards
  • Implement Smart Card based National ID card projects and Contactless payments
  • Standards for Cyber Security, smart grid in India, Smart Lighting, Home automation
  • Fast track Cyber Security
  • Fast Track NOFN and Broadband thru cable network

Preferential Market Access (PMA ): Market access to companies manufacturing products in India – To boost domestic production there is a need to mandate government procurement for electronic products manufactured in India. The existing PMA policies framed should be implemented at an immediate basis to leverage electronic products manufactured in India.

Promote fabless ecosystem: there is also a need to make government purchases of indian product mandatory where indian designed ics have been used in order to promote the globally competitive growing fabless ecosystem in india.

Remove restrictions on used equipments import for research and development: there has been restriction on imports of used electronic equipment which is treated as hazardous waste. However, lots of Value Addition and R&D activities takes place through these used imported electronic equipment. To give a boost to the R&D activities in the ESDM sector, the Govt should consider removing these restrictions.

Correct inverted duty structure anomalies: need for correction of anomalies in the inverted duty structure. Presently due to the Inverted Duty Structure imports of finished goods are encouraged and the import of semi-manufactured goods and components are discouraged which can be further used for manufacturing completed products in the country where substantial value addition can take place.

Speed up investment proposals approvals and disbursement of funds/Incentives to fast track the manufacturing expansions.

- Advertisement -

Most Popular Articles

Honda, Nissan End $60B Merger Deal Amid Disagreements

0
Scrapping $60 billion merger talks, Nissan and Honda, despite setbacks, continue collaborating on tech while seeking new partnerships to survive. Nissan and Honda have called...

BYD Partners With DeepSeek For Smart Driver Assistance Tech

0
Challenging rivals like Tesla in China with competitive prices, BYD partners with AI firm DeepSeek to launch budget-friendly, advanced driver-assistance tech. Chinese electric vehicle...

Ola Electric Leads EV 2W Market

0
The EV 2W market in Q3 FY25 with a 25.5% share, ₹1,069 Cr revenue, 20.8% gross margin, 84,029 units delivered, new Gen 3 S1...

Modi’s US Visit, Talks With Trump And Elon Musk Focus On Trade And Tech

0
Meeting the President and Elon Musk, Modi's first US visit after Trump's return sparks key talks on semiconductor trade and AI while expanding Starlink...

Altair, LTTS Launch Advanced Wireless Tech Centre In Bengaluru

0
Powering innovation in telecommunications, smart factories, connected vehicles, and more, Altair and LTTS unveil an advanced 5G-6G centre of excellence in Bengaluru. Tech company...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...

Industry's Buzz

Honda, Nissan End $60B Merger Deal Amid Disagreements

0
Scrapping $60 billion merger talks, Nissan and Honda, despite setbacks, continue collaborating on tech while seeking new partnerships to survive. Nissan and Honda have called...

BYD Partners With DeepSeek For Smart Driver Assistance Tech

0
Challenging rivals like Tesla in China with competitive prices, BYD partners with AI firm DeepSeek to launch budget-friendly, advanced driver-assistance tech. Chinese electric vehicle...

Ola Electric Leads EV 2W Market

0
The EV 2W market in Q3 FY25 with a 25.5% share, ₹1,069 Cr revenue, 20.8% gross margin, 84,029 units delivered, new Gen 3 S1...

Modi’s US Visit, Talks With Trump And Elon Musk Focus On Trade And Tech

0
Meeting the President and Elon Musk, Modi's first US visit after Trump's return sparks key talks on semiconductor trade and AI while expanding Starlink...

Altair, LTTS Launch Advanced Wireless Tech Centre In Bengaluru

0
Powering innovation in telecommunications, smart factories, connected vehicles, and more, Altair and LTTS unveil an advanced 5G-6G centre of excellence in Bengaluru. Tech company...

Learn From Leaders

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...

Startups

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...