Relaxation in compliance of BIS Standards for foreign cos will affect Indias end users: CAIT
Sai Nikesh | The Dollar Business Government of India, on Monday, was urged to repeal the proposed ‘Quality Control Order (QCO)’ on imports of steel products into the country. Under the proposed Steel and Steel Products (Quality Control) Order, 2015, Indian government intends to bring various steel products under a mandatory Bureau of Indian Standards (BIS) registration. Raising objection to government’s supposed move, the Federation of Industries of India (FII), said the proposed QCO 2015, if not withdrawn by the Steel Ministry, would have a massive adverse impact on India’s international trade relations. No foreign country or their companies would go for cumbersome BIS registration procedure for the sake of exporting small quantities of steel, occasionally to a few engineering companies in ...
