Industrial Policy & Trade Monitor· 2669 actions· ✨ 89 recent

Turkey's Medium-Term Programme 2026-2028 (Orta Vadeli Program, OVP), published in the Resmi Gazete on 7 September 2025 by the Presidency Strategy and Budget Directorate, sets out a binding three-year macroeconomic and industrial framework that prioritises disinflation over near-term growth, targeting year-end CPI of 16% in 2026 narrowing to single digits by 2027–2028, while projecting GDP growth to accelerate from 3.3% in 2025 to 5.0% by 2028. Export revenues are targeted to rise from $273.8 billion in 2025 to $308.5 billion in 2028, with tourism receipts reaching $75 billion, and the central government deficit set to narrow from 3.6% to 2.8% of GDP. The programme is structured around three transformation pillars — green transformation, digital transition toward high-value-added industries, and alignment with Turkey's 12th National Development Plan (2024-2028) — making it the umbrella strategic framework within which sectoral instruments such as HIT-30, YEKA, and the 2026 import-regime decree operate.

On 1 July 2025 India's Union Cabinet approved the Research Development and Innovation (RDI) Scheme, a six-year, ₹1,00,000 crore (≈USD 11.68 bn) fund to catalyse private-sector investment in research, development and innovation, with ₹20,000 crore allocated for FY2025-26. The scheme finances transformative RDI projects (TRL 4 and above) in strategic and sunrise sectors — deep tech, AI, biotechnology, quantum computing, robotics, space, energy transition and the digital economy — through long-tenor, low-or-nil-interest loans and equity, up to 50% of assessed project cost. Grants and short-term loans are explicitly excluded. Funds flow through a Special Purpose Fund under ANRF (first-level) to second-level fund managers — Alternate Investment Funds, Development Finance Institutions, NBFCs, and focused research bodies including the Technology Development Board (TDB) and BIRAC — which began issuing project calls in February 2026.

On 14 June 2025 Vietnam's 15th National Assembly adopted Law No. 71/2025/QH15 on the Digital Technology Industry (DTI Law) at its 9th session. The Law enters into force on 1 January 2026 (with certain provisions phased) and is the world's first standalone primary statute dedicated to the digital technology industry, covering digital-tech production and services, semiconductor manufacturing, artificial-intelligence systems, digital assets (legally recognised as property under the Civil Code), and Concentrated Digital Technology Zones. It codifies sector-specific incentives — multi-year corporate income tax reductions, R&D-cost deductions, preferential public procurement, five-year personal income tax exemption for high-quality digital professionals, five-year visa and work-permit exemptions for foreign experts, and 50% subsidy for SME advanced-technology acquisition — and sets headline targets of 150,000 digital-tech enterprises and USD 74bn digital-economy contribution by 2030/2035 (with USD 43bn / USD 74bn variants in different government summaries).

On 22 December 2024 the Politburo of the Communist Party of Vietnam, under General Secretary Tô Lâm, issued Resolution 57-NQ/TW designating science, technology, innovation, and national digital transformation as Vietnam's "top strategic breakthrough" through 2030 with vision to 2045. The resolution targets ≥50% digital-economy share of GDP, top-30 global ranking in innovation and digital transformation, and at least 10 globally-competitive Vietnamese digital-technology enterprises by 2030. It identifies data, AI, blockchain, and IoT as priority bottlenecks and operates as the parent/umbrella authority under which all subsequent Government, National Assembly, Prime-Ministerial and Ministerial tech-industrial instruments are formulated. Operational implementation runs through Government Resolution 03/NQ-CP of 9 January 2025 (action programme).