Now Reading: India to ease BIS norms for chipmakers within two months: Goyal
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India to ease BIS norms for chipmakers within two months: Goyal
India will amend regulations within two months to ease manufacturing for semiconductor and auto component companies, Commerce and Industry Minister Piyush Goyal said. The government has simplified the Bureau of Indian Standards…
India will amend regulations within two months to ease manufacturing for semiconductor and auto component companies, Commerce and Industry Minister Piyush Goyal said. The government has simplified the Bureau of Indian Standards framework and approval processes, aiming to seed about $50 billion in semiconductor and associated industries in the next year to year and a half.
ET CFO reports Goyal told companies their concerns were resolved in recent discussions and that India is upfront about protecting fair trading practices, including against predatory pricing. Livemint adds that exemptions from BIS certification will target high-tech industries such as chipmakers and AI firms, and could be offered at company, industry, product or project level. Japanese companies, including Tokyo Electron, had flagged certification delays.
The Union Cabinet has approved the Semicon 2.0 programme with a budget of Rs 1,27,500 crore. Goyal said India expects semiconductor demand to reach $150 billion by 2032 and that the first new fabrication plant should be commissioned in 2028.
Indian Opinion Analysis
ET CFO leads with Goyal's commitment to amend rules within two months and stresses the government's proactive stance against predatory pricing, framing the move as a firm, protective industrial policy. Livemint focuses on BIS exemptions for high-tech companies and the specific concerns of Japanese firms, portraying the government as responsive to foreign investor demands. The difference is in emphasis: one shows a government driving its own agenda, the other a government reacting to industry pressure. Both confirm a $50 billion investment target and Semicon 2.0 approval. The new exemption framework, promised on return from Japan, is the concrete deliverable to watch.
Coverage: 2 sources, 1 pro-government, 1 neutral
Sources (2): cfo.economictimes.indiatimes.com (pro government), livemint.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.
Updated: this story now draws on 2 sources.
