The Cabinet has approved the proposal to provide preference to domestically manufactured electronic products, in procurement of those electronic products which have security implications for the country and in Government procurement for its own use, consistent with our World Trade Organization (WTO) commitments.
The graded value-addition norm for electronic products to qualify as being domestically manufactured is described in Table below.
Table: Domestically Manufactured Electronic Products
|
Year |
Percentage domestic value-addition in terms of Bill of Material (BOM) |
|
Year 1 |
25% |
|
Year 2 |
30% |
|
Year 3 |
35% |
|
Year 4 |
40% |
|
Year 5 |
45% |