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Business

Goyal promises BIS certification relief for high-tech sector firms

Business Standard ·
Goyal promises BIS certification relief for high-tech sector firms

Commerce and Industry Minister Piyush Goyal on Tuesday said the government is working on a framework to exempt high-tech sector companies, including from Japan, from mandatory Bureau of Indian Standards (BIS) certification for equipment and components needed to set up manufacturing facilities in India.

Goyal said he had taken note of concerns raised by Japanese companies over BIS certification requirements and that the government had already instructed the BIS and the Commerce and Industry Ministry to work on a framework to address the issue.

The minister was addressing representatives of Japanese firms from semiconductors and AI sectors here.

He said the framework could provide exemptions at the company, industry, product or project level, depending on the requirements.

The objective is to ensure timely availability of equipment, goods and services for high-tech companies setting up manufacturing operations in India and support the government's 'Make in India' initiative, Goyal ..

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