Critical tech list under review to push self-reliance
India's Niti Aayog is drafting a list of critical technologies to boost self‑reliance, covering areas such as 6G communications, defence equipment and electric‑vehicle powertrains. The aim is to reduce dependence on foreign sources and protect supply chains from disruptions.
For investors, the move signals possible policy support, funding and incentives for companies operating in these sectors. Firms involved in the identified technologies could benefit from increased R&D spending, government procurement contracts or easier access to funds administered by bodies like the Anusandhan National Research Foundation.
The next step is the final roadmap, expected next month, which will detail the specific technologies and any associated fiscal measures. Keep an eye on announcements from the research foundation and relevant ministries, as they may shape capital flows across telecom, defence and EV supply chains.
Excerpt from Economic Times
India's Niti Aayog is preparing a list of critical technologies for enhancing self-reliance and investment. This initiative aims to protect against disruptions due to limited access to essential technologies. Potential technologies include 6G, defence equipment, and electric vehicle powertrains. The government seeks…Read the original at Economic Times
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