New Delhi, April 21 -- The MSMEs manufacturing CCTVs have asked the government to give time and financial support to implement Stadardisation Test and Quality Certification (STQC) failing which over 1000 units will face immediate closure and loss of upto 4 lakh jobs across the country.
"With over 1,000 MSME factories at risk of closure, the livelihoods of more than 400,000 individuals are hanging in the balance. The current challenges - including rising production costs, supply chain disruptions and stringent compliance requirements - are exacerbated by the difficulties in meeting STQC standards without adequate technological support," the Federation of All India Information Technology Associations (FAIITA) said while seeking an urgent mee...