Commerce Minister Piyush Goyal said India will amend regulations within two months to address concerns of semiconductor and auto component manufacturers. He also highlighted Semicon 2.0, investment opportunities, simplified BIS rules and stronger India-Japan cooperation in semiconductors, AI and technology
The Centre will establish modern toy testing facilities across manufacturing clusters, promote skill development, advanced technologies and Centres of Excellence, while encouraging MSMEs to scale up operations and strengthen India's competitiveness in the $120 billion global toy market through improved quality and exports
The Centre has introduced regulatory relaxations and enhanced credit access to support MSME growth. Measures include BIS exemptions under quality norms, RBI-mandated loan benchmarking, credit guarantees and collateral-free lending to ease compliance and boost expansion
