July 09, 2013
by Business Standard

Welcoming the Indian government's decision to revisit and review its Preferential Market Access (PMA) policy, a top US IT advocacy organisation has said it is hopeful it would lead to the country adopting global approaches to its procurement policies.

"There's good news from New Delhi today as the Government of India (GOI) has opted to take a closer look at its controversial policy designed to compel foreign companies to manufacture electronic products in India if they want to sell there," John Neuffer, Senior vice president Global Policy, of the Informational Technology Industry Council (ITIC) said yesterday.

ITIC has IT giants like Google, AOL, Microsoft, IBM and Microsoft as its members.

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