Regulatory shift: India withdraws QCOs on key raw materials; GTRI warns of import-surge risks

India has removed mandatory quality checks on numerous raw materials, including textiles, plastics, and metals, offering immediate relief to manufacturers. This move aims to reduce delays and costs for businesses, especially MSMEs. However, experts urge close monitoring of imports to prevent dumping and protect domestic industries, advocating for alternative measures if needed.

Regulatory shift: India withdraws QCOs on key raw materials; GTRI warns of import-surge risks
India has removed mandatory quality checks on numerous raw materials, including textiles, plastics, and metals, offering immediate relief to manufacturers. This move aims to reduce delays and costs for businesses, especially MSMEs. However, experts urge close monitoring of imports to prevent dumping and protect domestic industries, advocating for alternative measures if needed.