Govt Policy

R&D expenditure cannot exceed 50% of approved project cost

According to the new guidelines, only expenditure on R&D that leads to manufacture of products will be considered eligible for incentives under MSIPS. Standalone R&D units are not eligible for subsidies By EB Bureau Tuesday, August 12, 2014: The Indian electronics industry needs to focus on strengthening its research and development (R&D) activities to compete and [...]