EU raises concerns over India’s domestic sourcing norms

- Advertisement -

basicofelectronics3Friday, October 10, 2014: The European Union has opposed the domestic sourcing rules of India for purchasing telecommunication products by Government departments and thus even seeks for the clarification over what all value addition has to be done in a way to promote them as locally developed products.

However, in December last year, India had to some extent relaxed its policy, by confining it only till government to give preference to domestically manufactured electronic and telecom products and exempting the private sector from it.

EU, at the time of its representation made to the WTO, stated its concern over India following the policy of local content procurement in different Industrial sectors. While, New Delhi adherence to its policy of mandate sourcing of minimum 30 per cent electronic and telecom products by Government Ministries and Departments was as per the WTO norms.

- Advertisement -

A government official thereafter noted that government had now restricted the preference policy of domestic manufacturing of electronics products only for the government purchases after the WTO officials including US and the EU had complained about it.

Given that India is not a participant in the WTO agreement over government procurement, any policy made by the Government related to the purchases made will not be the part of WTO’s sphere.

India is willing to reduce its dependence over foreign goods. Electronics products rank at second position among overall imports procured by the country after oil imports at around $31 billion in 2013-14.

- Advertisement -

Most Popular Articles

Exclusive

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

Buzz

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Important Sectors

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Manufacturing

Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...