National Policy on Electronics, 2019

Mission and Objective

• The Policy envisions positioning India as a global hub for Electronics System Design and Manufacturing - (ESDM) by promoting domestic manufacturing, skill development, start-up, export eco-system and improving ease of doing business for the ESDM industry.
• It aims to achieve a turnover of $400 billion and generate 1 crore jobs in the ESDM sector by 2025.

Provisions

• Creating eco-system for globally competitive ESDM sector- by encouraging domestic manufacturing through consistent tax incentives, establishing Electronic
• Manufacturing Clusters, promoting Defence Offsets and sub-sectors like semi-conductor facilities, display fabrication units etc.
• Developing and Mandating Standards in the sector- which would include an institutional mechanism for the participation of all stakeholders (Govt, Industry, Academia, Experts) and mandatory compliance in the field of electronics goods, including cyber security.
• Promoting Ease-of-doing Business- by facilitating a single window mechanism for global investors using existing mechanisms like Invest India, National Investment Promotion and Facilitation Agency.
• Encourage Industry-led R&D and Innovation- in all sub-sectors of electronics. This would encompass support to various initiatives in areas like 5G, IoT/ Sensors, Artificial Intelligence etc.
• Human Resource Development- by generating a research base at PhD level, opportunities for joint IPRs to Indian candidates at foreign institutions, and work closely with all agencies (Centre and State).
• Export Promotion- by providing an attractive package of incentives so that exporters can compete in global markets.
• Promote Trusted Electronics Value Chain- to improve national cyber security profile and control its supply chain across national defence and critical national infra like energy grids, digital economy etc.
• Promote Cyber Security- by enhanced understanding of cyber security issues, and risks; development of testing facilities, photonics, nano-based devices etc by the start-ups.
• Developing Core Competencies in the sub-sectors of Electronics- such as the Indian Fabless Chip Design Industry, Medical Electronic Devices Industry, Automotive Electronics Industry, Power Electronics for Mobility and Strategic Electronics Industry.
• Promotion of Electronic Components Manufacturing Ecosystem- by providing incentives for lithium-ion cells, chip components, fuel cells, optical fibre, solar cells etc.
• Promotion of Electronics Manufacturing Services (EMS) Industry- including Engineering & Design of PCBs, Functional testing, Maintenance services like warranty and repair services etc.
• Mega Projects- by providing a special package which would invite extremely high-tech and huge investments in areas like semiconductor facilities, display fabrication etc.

National Software Products Policy

Missions of the Policy

• To promote the creation of a sustainable Indian software product industry, driven by intellectual property (IP), leading to a ten-fold increase in the share of the Global Software product market by 2025.
• To nurture 10,000 technology startups in the software product industry, including 1000 such startups in Tier-II and Tier-III towns & cities and generate direct and indirect employment for 3.5 million people by 2025.
• To create a talent pool for the software product industry through
  1. Up-skilling of 10 lakh IT professionals
  2. Motivating 1 lakh school and college students
  3. Specialise 10,000 professionals that can provide leadership.
  4. To build a cluster-based innovation driven ecosystem by developing 20 sectoral and strategically located software product development clusters.
  5. For the implementation of this policy, National Software Products Mission will be set up with participation from Government, Academia and Industry.

• Promoting Software Products Business Ecosystem by

1. Creation of an Indian Software Product Registry will act as a common pool of Indian Software Products thereby providing a trusted trade environment.
2. Facilitating active participation of software companies in Capital Market.
3. Creation of a Single Window Platform.
4. Evolving a Classification System for Indian Software Products.

• Promoting Entrepreneurship & Innovation for Employment by

1. Initiating a programme of incubation- to provide all kinds of support so as to nurture at least 10,000 software product startups.
2. Initiating a Programme to support Research and Innovation on Software Products in Institutes of Higher Learning and Research to bridge the existing gaps in Industry-Academia research.
3. Creating a dedicated Software Product Development Fund (SPDF)- it will have a corpus of Rs. 1000 crore in the form of Fund of Funds and participate in venture fund

• Skilling and Human Resource Development by

1. Using a FutureSkills Programme- for upskilling/re-skilling of 3 million IT Professionals in emerging technologies.
2. Initiating a national “Talent Accelerator” programme- to motivate school and college students.
3. Creating a talent pool of 10,000 committed software product leaders

• Improving Access to Domestic Market and Cross Border Trade Promotion by

1. Integrating the registry of Indian software products with the Government e-market (GeM)
2. Encouraging Indian Product Startups/ MSMEs through hackathons.

• Implementation Mechanism such as

1. Establish a “National Software Product Mission (NSPM)”- design appropriate strategy, recommend specific policy measures, recommend specific initiatives, and monitor and collate various initiatives.
2. Include various MEITy’s organizations in the implementation- such as Software Technology Parks of India (STPI), National Informatics Centre (NIC) etc.