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20 NEW DELHI | THURSDAY, 4 MAY 2023 1 > government officials said. Govt set to roll out quality The upcoming QCOs are at various M&E sector grows stages of processing and some of the draft QCOs have been hosted on WTO as well by the concerned ministries and standards for drones, EVs departments As many as 115 QCOs, covering 493 10% over 2019, products have been notified for com-PRATIGYA YADAV & SHREYA NANDI for electric powertrain and rechargeable pulsory certification. Till May 2014, New Delhi, 3 May electrical energy storage systems only 14 QCOs, covering 106 products, (REESS) of L, M & N category vehicles were notified. The government is developing man- are under construction,” an official Goyal also said that the government crosses ~2.1 trn datory standards for unmanned aerial statement said. is introducing new quality control vehicles (UAVs), commonly known as The standards authority is also work- orders, which will help in increasing the drones, towards creation of a ‘robust ing on norms for electric rickshaw E- income of people. They will provide a quality ecosystem’ for such items in Kart and approval of hybrid EVs. boost to exports and ‘inculcate the spirit Is set to grow at over 10% annually to reach ~2.83 trillion the country. “There is no resistance from the of quality’. Standards for drones that are used industry on electric vehicle standards “QCOs will be equally applicable to by 2025, says Ficci-EY report extensively in the agriculture space — except on battery swapping. On this, Indian as well as foreign manufacturers for soil analysis, irrigation, crop map- industry has raised concerns as the sec- and Indian consumers are assured of BS REPORTER & PTI ping and pest management — have such as electric vehicles (EV) and tor is still evolving. Consultations are the quality of such products manufac-Mumbai, 3 May already been formulated. charging infrastructure. being held with the stakeholders and it tured in India as well as imported to the Commerce and Industry Minister Standards for battery-swapping sys- may take some time. Let’s first come out country,” Goyal told reporters. he Indian media and Piyush Goyal told reporters that quality tems are also in the offing. And, stan- with safety standards for electric Through the issuance of QCOs, the Tentertainment (M&E) control orders on drones for the agri- dards on general guidance and safety vehicles and then for battery swapping,” notified products will conform to the sector grew 20 per cent culture sector will help boost crop requirements of battery-swapping sys- Tiwari said. requirements of the relevant Indian in 2022 to reach ~2.1 trillion, 10 yields, thereby benefiting farmers. tems have already been rolled out. standard. The manufacturers of these per cent above its pre-pan- Standards for other categories of standards have already been pub- Quality control orders products have to compulsorily obtain demic levels in 2019, according drones are also under development, lished. These were formulated for EVs, Based on the discussion between con- certification from BIS. to a Ficci-EY report. BIS director general Pramod Kumar lithium-ion traction battery packs and cerned ministries and government Once a QCO is implemented, indi-The digital media’s contrib- Tiwari said. systems, electric traction motor, meas- departments, more products have been viduals will not be allowed to manufac-ution to the M&E sector The Bureau of India Standards urement of range, energy consumption identified for notifying them under ture, import, distribute, sell, hire, lease jumped sharply from 16 per (BIS) has already formulated stan- and net power in EVs, Tiwari said. quality control orders (QCOs) and man- or store such products without a stan-cent in 2019 to 27 per cent in dards and tests for emerging sectors, “Standards on specific requirements dating compulsory certification of BIS, dard mark from the BIS. 2022, reaching a figure of ~571 Speaking at Ficci Frames 2023, actor Ayushmann Khurrana billion, noted the report titled endorsed going global with local content, and said that the “Windows of opportunity: Indian film industry is on the cusp of global greatness PTI India’s media & entertainment sector maximizing across seg- also remained strong in 2022, ice where one can watch its After Ola Electric, three others to repay ments” that was launched at with over 125 deals compared films, Information and the Ficci Frames 2023 in Powai to 118 in 2021. Sixty-five per Broadcasting (I&B) Secretary on Wednesday. cent of the deals were in digi- Apurva Chandra said. “NFDC, It added that if data costs tal, gaming and new media we feel, has been left behind customers for ‘off-board charger’ were considered, the digital segments. now for the past eight-10 years. contribution to the sector wou- At ~1.049 trillion, advertis- We need to come back again, ld almost double to 50 per cent. ing exceeded the ~1-trillion we need to give support to NITIN KUMAR & SURAJEET DAS GUPTA reduced battery capacity on account of TVS Motor Company is less than ~20 many were facing. Consultancy firm EY said benchmark for the first time. young filmmakers, who don’t New Delhi, 3 May not buying the upgraded software. crore.” Some manufacturers had suggested the M&E sector surpassed ~3 In 2022, when India’s nominal get access otherwise in the Hero MotoCorp will repay ~2.23 Ola, Ather, and Vida, did not furnish that they could repay customers in kind trillion, if one were to include GDP grew 15 per cent, adver- market, and also come up with Days after Ola Electric agreed to reim- crore to 1,100 consumers who pur- an explanation until the time of going — like additional warranties or software the estimated ~90,000 crore tising recovered 19 per cent. It an OTT of NFDC,” Chandra burse customers for paying for “off- chased VIDA V1 Plus and VIDA V1 Pro to press. updates for free. But the ministry that users pay to access data is now 0.4 per cent of India’s said at the annual event. board chargers”, three other companies models of e-2W until March 2023. To reduce the working capital bur- rejected the proposal. services utilised for streaming. GDP, much lower than devel- He said the government, — Ather Energy, TVS and Hero Ola has already agreed to reimburse den on the industry, the ministry has The ~2.1-trillion sector oped large markets such as the which has undertaken a ~500- MotoCorp’s Vida — have followed suit. ~130 crore to 100,000 consumers who come out with a simple formula — the EV body welcomes bid (excluding data costs) is set to US, Japan, and China, which crore project to preserve the All three electric two-wheeler manufac- purchased the Ola S1Pro until March 30, government will reimburse the subsidy The Society of Manufacturers of Electric grow at over 10 per cent are all between 0.6 per cent country’s film heritage, will turers wrote to the Ministry of Heavy 2023. withheld but reduce it by deducting the Vehicles (SMEV) has welcomed the annually to reach ~2.83 trillion and 1 per cent, the report said. soon launch a scheme under Industries on Wednesday expressing TVS, on the other hand, will refund amount that they must pay off to cus- move by the Ministry of Heavy by 2025, it said. which aficionados can fund to their willingness to repay customers. ~15.61 crore to 87,000 people who tomers. Depending on the money that Industries to start settling pending The key contributors to this NFDC to restart backing restore a film of their choice. The total amount to be reimbursed bought its iQube S model between May the companies reimburse to customers issues of OEMs. growth will be digital, online projects The government is also by all four defaulter OEMs (original 2022 and March 2023. every month (whether it should be in “The beginning of resolution of dis-gaming and television The National Film Devel- likely to table an amendment equipment manufacturers) is ~287 crore. K N Radhakrishnan, director and three or six months is being debated), puted issues for OEMs augurs well for (together contributing to 65 opment Corporation (NFDC) to the Cinematograph Act in The companies have also agreed to CEO, TVS, said that the company fully an identical amount of the balance sub- the sector”, said Sohinder Gill, director per cent of the growth), fol- has been “left behind” in the the monsoon session, which add the off-board charger as part of the complies with regulations specified sidy would be transferred to them. general, SMEV, adding, “It is time the lowed by animation and VFX last few years, but it will restart will authorise it to act against ex-factory scooter price. Business under the Faster Adoption and The formula will help E2W players sector is allowed to stand on its feet (11 per cent), live events (8 per backing projects and have its platforms distributing pirated Standard has reviewed copies of the Manufacturing of (Hybrid &) Electric like Ather and Ola the most. Sources say again and efforts to revive e-mobility cent) and films (8 per cent). In own over-the-top (OTT) serv- content, Chandra said. letters. Vehicles in India (FAME) scheme, and that Ola Electric has withheld subsidy can begin”. 2022, filmed entertainment, ice, a senior government offi- The I&B ministry is all for Bengaluru-based Ather will reim- added. “To alleviating ambiguity and of around ~500 crore. As it has to pay Terming the ministry’s clean chit to live events and out-of-home cial said at the Ficci Frames. “a soft-touch approach” on the burse ~140 crore to 95,000 consumers ensuring a clear policy direction, TVS customers ~130 crore, it will be reim- various companies as a move in the right media segments together con- The corporation, which has critical issue of regulating of its 450X model of electric two- Motor will offer a goodwill benefit bursed ~370 crore upfront. The formula direction, Gill said that the sector was tributed 40 per cent of the sec- backed films like Gandhi (1982) content, and would want the wheeler (E2W). scheme for its customers who have paid will help the scooter companies to get desperate for a resolution of the subsidy tor’s total growth. and Jaane Bhi Do Yaaron OTT industry to adopt self-reg- Along with this, the ministry will over and above the threshold limit fixed upfront working capital and not impact blockade that has all but choked com-Merger and acquisitions (1983), will have an OTT serv- ulation, Chandra said. recover ~25 crore from Ather for the by FAME. The overall cost impact to production schedule — a worry that panies for the last 15 months.


For Wipro Limited
GOPALAKRISHNAN KOTHANDARAMAN		Digitally signed by GOPALAKRISHNAN KOTHANDARAMAN Date: 2023.05.04 15:55:04 +05’30’
/s/ G Kothandaraman
G Kothandaraman
General Manager - Finance