New Delhi, Sept. 19 -- The Indian government is set to fast-track approvals from theBureau of Indian Standards(BIS) for integrated steel plants inTaiwan, following complaints from MSME importers about prolonged delays caused by India'sQuality Control Order(QCO).
According to officials from theMinistry of Steel, these approvals are being prioritised to ensure MSMEs can import intermediate steel raw materials, add value locally, and boost exports.
Since the QCO came into effect on 13 June, all steel imports-including intermediate materials like stainless steel slabs and cold/hot-rolled coils-must carry BIS certification.
This has impacted several Taiwanese plants, which claim to meet integrated steel mill standards but are still awaiting...
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