Auto Industry Development and Mobile Device Manufacturing Policies framed by EDB

Engineering Post Report

Engineering Development Board / Federal Industries and Production have framed Mobile Device Manufacturing Policy and Auto Industry Development and Export Policy (2021-26) including incentives for Electric Vehicles in order to establish new industries, meet local demand and increase  production of export quality goods in the country. 

According to the information provided by the official sources concerned on being contacted, under Mobile Device Manufacturing Policy, 30 mobile manufacturers have been issued licenses for starting  local manufacturing   of mobile devices by setting up local facility.

Under the Auto Development Policy (2016-21), a number of new manufacturers  have established manufacturing/assembling  new brands of vehicles.

About a dozen  new Electric Vehicles manufacturers  in 2-3 wheelers (electric bikes and rickshaws) have   invested in varying quantums. The policy  offers various incentives to these manufacturers  in taxes and duties etc.

 The sources said further  that Green Field Technology was another initiative for both  import substitution and export enhancement. Under this scheme,  different incentives  in terms of  taxes and duties are provided to the companies  who bring  new technologies  that can  introduce  innovative product design  and reduction in production cost. Green Field Licenses are recommended by the Engineering Development Board to such companies after  physical verification  of their manufacturing  facilities. In this regard, the  Board has so far  approved  nine cases of green field status.

The Engineering Development Board is also in the process of formulating a Solar Panels Manufacturing Policy for promoting  local production and meeting  power needs which are rapidly increasing with each passing year.

The indigenous solar panels manufacturing policy being so formulated will be linked  with the national solar energy policy being prepared  by the Federal Ministry  of Power and the Renewable Energy Task Force in pursuance of the incumbent federal government decision of increasing use of solar energy, already all public buildings  are being put on solar energy energies while measures are also underway to encourage the private sector to use solar energy  to the maximum extent possible in order to  minimize use of traditional electricity  facilities  for shifting reliance from electricity to solar energy in  phased but faster manner.

The federal government has already announced to  develop as much as 10,000 MG solar energy source of power in the country.       

A regards fuel-wise installed capacity till recently, the percentage  share of Hydel in total installed  fuel-wise capacity  has marginally reduced to  24.7 per cent as compared to its share in the previous year.

The contribution of RLNG in the installed  capacity has increased to 23.8  percent  from earlier percentage of 19.66 percent. The percentage share somehow has remained  the same  despite the fact that its installed  capacity was increased from 4770 MW to 53322 MW in recent months. 

The percentage contribution  of gas was reported to have declined  from 12.15 per cent to 8.5 percent.

There was an increase in the percentage of renewable energy  which was surely a good sign for the economy as well as for   the environment.

The percentage contribution of Nuclear Power has increased  to 8.8  per cent  from 6.68 percent .

The share of wind source of power has increased from 3.31 per cent  to 4.8 percent  while share of solar has increased from 1.07 percent to 1.4 percent.

Installed capacity  in total  41557 Megawatt of Hydel was reported to be 10251 MW, RLNG  9884 MW, RFO 5958 MW, Coal 5332 MW, Gas 3536 MW, Nuclear 3647 MW, Wind 1985 MW, Solar  600 MW and Bagasse 354 MW.