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India is working on a framework to ease Bureau of Indian Standards certification requirements for high-tech manufacturers.
Piyush Goyal said the Ministry of Commerce and Industry and the BIS have been directed to develop exemptions.
The reported exemptions could apply to companies, products, or projects.
The stated goal is to facilitate manufacturing operations.
Why it mattersRelaxed regulatory hurdles can accelerate domestic electronics and semiconductor production, potentially reshaping global supply chains.
More context
The reporting says the move is also meant to attract global technology investments.
The coverage links the policy effort to deeper cooperation between India and Japan.