India, Nov. 15 -- Based on the curated QCOs database, preliminary data analysis was conducted to identify emerging trends and patterns. The key insights from this analysis are as follows:

An econometric exercise was undertaken to understand the causal impact of QCOs on India's trade flows, and the key findings are highlighted below.

Engagements with industry stakeholders, particularly small and medium enterprises (SMEs), revealed several practical challenges in the implementation of QCOs.

The analysis of the curated QCO database-examining trends and their impact on India's trade flows-highlights the challenges associated with QCOs, which were originally intended to ensure the quality of production in India. Industry consultations broug...