A high-level government panel has urged the cancellation, suspension, and deferment of Quality Control Orders (QCOs) covering more than 200 products, warning that the expanding scope of mandatory standards has increased compliance costs for manufacturers, disrupted supply chains, and...
India’s manufacturing MSMEs are grappling with an overwhelming regulatory burden, with compliance costs running as high as ₹17 lakh annually, according to a new report by TeamLease RegTech. The report, titled ‘Decoding Compliance for Manufacturing MSMEs in India’, paints...