In a notification regarding the procurement of cyber security products, the Ministry of Electronics and Information Technology has defined a separate category of cyber security products and accorded first preference to Indian firms, The Hindu has reported.
The notification also identifies cyber security as a ‘strategic sector’. Cyber security products are defined as, "a product or appliance or software manufactured/produced for the purpose of protecting, information, equipment, devices computer, computer resource, communication device and information stored therein from unauthorised access, use, disclosure, disruption, modification or destruction."
Local suppliers who are incorporated in India or startups that meet the 'prescribed definition' will be given the first preference during procurement as per the ministry. The revenues from the product and intellectual property should accrue to the firm in India as per the notification. Further, the company's intellectual property (IP) need not be registered in India to secure the benefits of being a local supplier. Re-sellers, dealers, distributors, support service providers who may have rights to IP are excluded from the scheme.
The move is inline with the government's policy to encourage domestic production as part of the wider 'Make In India' drive.
An appeal from Swarajya
At Swarajya, we rely on our readers' support through subscriptions to sustain our media platform. Unlike larger conglomerates, we are unable to relentlessly chase advertising money — our model is largely built on your patronage.
Your support has never been more crucial. We work tirelessly to deliver 10-15 high-quality articles daily, ensuring you receive insightful content from 7 AM to 10 PM.
If you believe India's story has to be articulated in a way it has never been done before without shrugging it off, become a patron (or) subscribe now for ₹̶2̶4̶0̶0̶ ₹1999 and get 12 print issues, unlimited digital access for 1 year, a special India that is Bharat T-shirt (Offer ends soon).
We are counting on you!