GTRI Flags Rising QCO Compliance Costs, Urges Cap On Testing Charges To Protect MSMEs

New Delhi, Apr 14 (KNN) The government should cap testing and certification charges for routine industrial products, as rising compliance costs under Quality Control Orders (QCOs) risk impacting manufacturing and small importers, trade-focussed think tank  Global Trade Research Initiative (GTRI) has said. While the QCO framework is aimed at improvingContinue Reading

Steel, Rubber, Chemical Prices Surge Amid West Asia Conflict, Hit Manufacturing Clusters

New Delhi, Apr 14 (KNN) Rising input costs triggered by the ongoing West Asia conflict are placing significant pressure on India’s manufacturing sector, particularly micro, small and medium enterprises (MSMEs), with industry bodies warning of shrinking margins and potential shutdowns. Industrial Clusters Witness Sharp Price Rise Industrial clusters such asContinue Reading