Goyal signals BIS certification exemption for high-tech companies, including those from Japan
- Posted on August 25, 2026
- By Business News Today
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- 1 min read
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Goyal signals BIS certification exemption for high-tech companies, including those from Japan
India is developing a framework to exempt high-tech companies from BIS certification. This aims to facilitate the setup of manufacturing facilities for advanced industries. Japanese firms had raised concerns regarding complex certification rules for imported equipment. The government seeks to boost the 'Make in India' initiative and attract investments. India's semiconductor demand is projected to reach $150 billion by 2032.
