Make in India initiative and promote manufacturing in the country
By MYBRANDBOOK
To drive the ambitious Make in India initiative and promote manufacturing in the country, the Government has issued a mandate to give preference to locally produce cyber security products in all public procurement. The intellectual property rights of these cyber security products have to be owned by companies or start-ups incorporated in India.
Ministry of Electronics and Information Technology (MeitY) in the order said that Cyber Security being a strategic sector, all the procuring entities shall give preference to domestically manufactured/produced Cyber Security Products.
The notification is based on Public Procurement (Preference to Make in India) Order 2017 which aims to enhance income and employment in the country.
A firm which is incorporated and registered in India or a start-up firm that meets the prescribed definition will get the preference, provided the revenue from the product and intellectual property licensing accrues to the firm in India. As per the order, though IP registration is not mandatory in the country, a firm claiming benefit should have the right to use and commercialize the product without third party-consents, distribute and modify it.
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
GLOBUS INFOCOM LTD.
MICROMAX INFORMATICS LTD.
SAMRIDDHI AUTOMATIONS PVT. LTD.
QUICK HEAL TECHNOLOGIES PVT. Ltd.
Technology Icons Of India 2023: Debjani Ghosh
Debjani Ghosh is the first woman president of NASSCOM (the umbrella bo...
Technology Icons Of India 2023: Mukesh D. Ambani
An Indian billionaire businessman Mukesh Dhirubhai Ambani is currently...
Technology Icons Of India 2023: Dr. Sanjay Bahl
Sanjay Bahl is currently with the Indian Computer Emergency Response T...
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
DRDO is India's largest and most diverse research organisation
DRDO is the R&D wing of Ministry of Defence, Govt of India, with a vis...
TECH DATA, A TD SYNNEX COMPANY
Tech Data Corporation was an American multinational distribution compa...
SATCOM INFOTECH PVT. LTD.
Satcom Infotech Pvt. Ltd is a distribution houses in security in India...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...