Domestically-made electronic goods to get preference in procurement for security reasons

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The Union Cabinet today approved a 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 the country's World Trade Organization (WTO) commitments.

 

The graded value-addition norm for electronic products to qualify as being domestically manufactured will be 25 per cent in year 1, 30 per cent in year 2, 35 per cent in year 3, 40 per cent in year 4 and 45 per cent in year 5, an official press release said.

 

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