Piyush Goyal: New rules for auto and chip makers coming in two months
Union Minister for Commerce and Industry Piyush Goyal announced that the government plans to update regulations and roll out new policies within the next two months to resolve challenges faced by the semiconductor and auto parts industries. Two prominent firms had previously flagged concerns regarding the production of automotive components and chip-making equipment. Goyal noted that the administration is currently working to streamline BIS standards and make the approval process more straightforward.
by shortkt.com✓