Piyush Goyal offers BIS exemptions to high-tech chipmakers, AI firms to boost ‘Make in India’
Union Minister Piyush Goyal announced exemptions from Bureau of Indian Standards (BIS) certification for semiconductor and AI firms to expedite their operations in India. This initiative aims to address concerns raised by Japanese companies and support the 'Make in India' program. The government targets $50 billion in semiconductor investments by 2032, with a budget of ₹1,27,500 crore for the Semicon 2.0 program.