India seeks agile regulatory framework to speed up semiconductor projects

…which are difficult to overcome,” he said on the sidelines of the SEMICON India 2026. He also noted that semiconductor industry “is not an easy industry” and had it been easy than many countries would have done it. “ It’s a difficult industry, it’s a very complex industry, it’s really the most difficult thing human beings have ever done. So, that’s why we must understand, we must respect the level of difficulty and move and calibrate every move that we make according to the difficulty. We are cognisant of that,” he added. Different Ministries According to Sushil Pal, Joint Secretary, MeitY, even when Customs itself clears most consignments through a risk-based system, a consignment being selected for…

…government departments including Department of Chemicals and Petrochemicals, Ministry of Heavy Industries, apart from MeitY. Meanwhile, Anupam Prakash, Joint Secretary (Customs), Department of Revenue, said that the Department would work with other Ministries to examine whether compliance requirements for semiconductor imports can be simplified. Having said that, he also added that the regulatory compliances often originate from requirements prescribed by different Ministries. End Published on September 20, 2026…

…the last 60 years but never got started. Pal said the experience of implementing the first phase of the India Semiconductor Mission had shown that the existing regulatory architecture was not adequate for the sector. “ We need to actually ask ourselves the tough questions whether our regulatory framework can be more agile to this kind of high precision manufacturing ,” he said. Customs officials said risk-based assessment and digital processes were already being used to reduce clearance times. Anupam Prakash, Joint Secretary, Customs, said around 85 per cent of cargo is currently…

…concern, particularly because components can come under regulatory requirements of multiple ministries. Sumit Jharangal, Joint Secretary, DPIIT, said the department was working on a framework to address such issues. “ Within two-three months, we will come up with a clear guidance and policy so that no company has to suffer because of the QCO framework ,” he said. Published on September 19, 2026…