New framework likely to keep a short-term target of 3 to 5 years
Electronics has become the country's fifth largest export commodity, growing by 23 per cent annually, a senior official in the Ministry of Electronics and IT said on Friday. Electronics manufacturing in India has crossed USD 100 billion market in March 2024, which was USD 49 billion in 2017, Bhuvnesh Kumar, Additional Secretary in the Ministry of Electronics and IT, said at the launch of indigenously-built Tyronne AMD servers by Netweb Technologies. "The electronics exports are rapidly growing at rate of 23 per cent annually. Last year we did USD 30 billion of exports from India. "Surprisingly for many, it has become 5th largest commodity being exported from India," Kumar said. He also expressed confidence that the country's net revenue from electronic exports will become positive in coming years with start of local semiconductor production. Kumar said the country's trillion dollar digital economy has a component of USD 400 billion from electronics manufacturing and the rest comes
At a time when Andhra Pradesh is vigourously wooing investments to develop the state, its IT, Electronics and Human Resource Development Minister Nara Lokesh on Wednesday called for passionate individuals to join the state's Economic Development Board to facilitate these deals. The IT Minister is calling for two associate vice presidents, five general managers and half a dozen managers to facilitate investments in multiple sectors. We invite the best talent to join us at the Andhra Pradesh Economic Development Board (APEDB) in this journey to develop AP (Andhra Pradesh) as India's premier investor-friendly destination, Lokesh said in a post on social media platform X. The 13 executives will be entrusted with work for investment promotion, export promotion and project facilitation in sectors such as electric vehicles, electronics and products, defence and aerospace, life sciences, green hydrogen and derivatives and several others. According to Lokesh, the state is on the cusp of ...
The said 'data expert' may be a single person or multiple people, depending on the requirements of a particular ministry
In light of Telegram Chief Pavel Durov's arrest in Paris for offences related to his messaging app, IT Ministry has asked the Ministry of Home Affairs for an update on where things stand in the Indian context and if there are any violations here as well, sources said. An email query sent to IT Ministry on the issue, elicited no immediate reply. Sources, meanwhile, said, "In light of what has happened in France, IT Ministry has asked Ministry of Home Affairs to check on complaints pending against Telegram and what action can be taken." They pointed out that IT Ministry is not an investigating agency in this regard, and that even CERT-In under the Ministry focuses on cybersecurity offences not cybercrimes per se. "The basic question here is are there any complaints, is there similar situation in India, and what is the status, and what action is required," according to sources. Asked if Telegram, being a messaging app, can cite safe harbour clause, sources said in that case they will
On the draft broadcasting bill, the Minister said that the government will have a fresh look, with much wider consultation
The good news is that the automotive sector, which provides incentives for electric vehicles and components, is finally taking off
The Ministry of Electronics and IT is drafting a new AI law which will require social media platforms Facebook, Instagram, YouTube, and X to include watermarks and labels on content
As technology's influence on geopolitics continues to expand, it is crucial that the new government implements strategic policy initiatives akin to the JAM trinity
Draft of Digital Personal Data Protection rules are in an advanced stage, and industry consultation will start soon, said Ashwini Vaishnaw, Minister of Electronics and I-T, Railways, and I&B
Secretary Krishnan says will share the industry feedback with MCA
The platform to be implemented jointly by Digital India Corporation and National Informatics Centre
Deepfake regulation may be an integral component of this AI framework
The technology industry on Tuesday expressed optimism with Union Minister Ashwini Vaishnaw retaining the Electronics and IT Ministry, saying it is expecting continuity in policy making and governance approach to drive growth and investor confidence. Vaishnaw took charge as the Minister of Electronics and IT, Railways, and Information and Broadcasting on Tuesday morning. IT industry stalwart Ajai Chowdhry said the next five years will be critical in shaping the future of electronics product design and manufacturing in India. "If we want to be a Product Nation and compete directly with China to cater to the global electronics market, the country will need to put forth its best minds who understand business. This is a time for taking collaborative action that can potentially redefine India and the way the world looks at us as a manufacturing hub," he said. The industry looks forward to engaging closely with Minister Vaishnaw and the newly appointed Minister of State to "script a new .
The IT Ministry has scheduled a meeting with industry associations on Thursday to discuss their views on the draft Digital Competition law that has witnessed startups clash with tech giants in a pitched battle over certain provisions. The meeting will be chaired by the IT Secretary S Krishnan. "Numerous representations are being received from industry associations on the draft digital competition Bill, raising serious concerns regarding the impact of the proposed Bill on data and digital markets," the IT Ministry said in its meeting notice, seen by PTI. Senior officials of the Ministry of Corporate Affairs and Competition Commission of India (CCI) are likely to attend the meeting. A source said another meeting has also been scheduled for June 18, when the IT Ministry officials will interact with various companies on the issue. The discussion comes at a time when the battle lines are drawn within the industry over provisions of the draft bill. It may be recalled that prominent nam
Focus will be on semiconductors, telecommunications, and manufacturing, he says
Union Minister Ashwini Vaishnaw on Tuesday said the government will push ahead with its tech-driven agenda of cementing India's global lead in semiconductor and electronics manufacturing and as a technology and digital hub. Taking charge of Ministry of Electronics and IT (MeitY), he said the Modi government's Digital India initiatives have empowered the common man, bringing transformative changes through Jan Dhan, Aadhaar, and other enabling programmes over the last 10 years. Vaishnaw retained his electronics and IT portfolio in Modi 3.0 government. He took charge as the minister of electronics and IT on Tuesday morning, after assuming charge of the railways as well information and broadcasting ministries. The minister said his efforts will be to ensure that technology continues to bring positive changes in lives of people in the country, and empowers youth with a promise of a future driven by new-age tech.
MeitY targets framing guidelines for Artificial intelligence, DoT zeroes on spectrum auction, war on spam
Secretary Krishnan also stressed the need for innovators to develop their own intellectual property (IP) in technology products in India
The initiative, expected to kick off after the 2024 Lok Sabha elections, could be overseen by the IndiaAI Innovation Centre under the IndiaAI Mission