Speaking at the 62nd SIAM Annual Convention, Mr Anurag Jain, Secretary, Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India said, “Currently, our plan is to bring in 32 central ministries under the NSWS scheme. We already have 24 departments working with us and by December 2022 the remaining 9 ministries are likely to start participating as well. The NSWS scheme will give automotive industry stakeholders an effortless and streamlined platform to acquire their licenses and permissions from. This will promote business development, R&D and Innovation.”
Mr. Anurag Jain, Secretary, Department for Promotion of Industry & Internal Trade, Ministry of Commerce & Industry, Government of India on NSWS
How does it work?
Businesses can map out the exact approvals they need from different ministries using the website’s Know Your Approval tab after which they can apply for a number of licenses or approvals under a single business ID. Once they have submitted their single application, businesses will also be able to track the status of their approval and get them through the portal. This makes the process of interacting with ministries convenient and getting approvals seamless.
Jain further stated that NSWS is in line with the government’s Vision India 47, to create a robust plan for the automotive sector to become one of the top two automotive manufacturing countries in the world in the next 25 years. The Secretary of Ministry of Commerce & Industry expects the Indian economy to be worth an optimistic USD 32 Trillion by 2047 and the auto sector could be worth USD 7 trillion of that figure.
Middle – Mr. Anurag Jain, Secretary, Department Ministry of Commerce & Industry with Mr. Kenichi Ayukawa, President, SIAM (right) and other delegates.
Commenting on the digital nature of the NSWS solution, Jain also told stakeholders that as the country and industry move forward, the dependence between the auto industry and IT industry is bound to increase. “We have already seen how the IT industry affects the auto industry with the semiconductor shortage. Similarly, the automotive industry has effects on IT in terms of logistics and cost”. As the industry is already moving towards connected cars, stakeholders need to upgrade their R&D and innovation to stay relevant and survive.