<?xml version="1.0" encoding="UTF-8"?>
<root>
    <author>ENA</author>
    <category>MSME</category>
    <date>2024-01-25 18:05:19</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Jaipur, Jan 25 (KNN)&lt;/strong&gt; The All India Steel Bottles Association commends the Indian government's recent introduction of Quality Control Orders (QCO) for stainless steel vacuum-insulated water bottles and portable stainless steel water bottles.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Aligned with 'Make in India,' 'Aatma Nirbhar Bharat,' and broader goals for a 'Swasth Bharat' and sustainable environment, the move is expected to create around 25,000 new jobs, primarily in the MSME sector.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The import lobby has requested a six-month extension on the BIS implementation, raising concerns among domestic manufacturers.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;However, the All India Steel Bottles Association emphasises the critical need for the non-extension of the QCO implementation date.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Currently, manufacturing units are obtaining licenses, and any delay could lead to inefficiencies, jeopardising investments, and creating market imbalances with low-quality imports.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Over 30 per cent of the workforce, predominantly women, face the risk of unemployment due to the potential surge in imports.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Mr. Bharat Agarwal, Director of Crown Craft, a leading player in the industry, expressed gratitude to the government for the QCO, stating that it will provide a lifeline to the industry and offer Indian consumers better quality products.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;He urged against an extension, highlighting the readiness of Indian companies to replace import volumes immediately.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Mr. Vedant Padia, Director of Placero International Pvt. Ltd, raised concerns about China's influx of low-quality products threatening MSME manufacturers.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Despite challenges, India's MSMEs have shown the capacity to meet domestic requirements.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Mr. Pedia anticipates that BIS implementation will lead to the establishment of more factories in India within 1-2 years, boosting both production scale and quality.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Mr. Vikas Jain, Director of Nanobot Housewares Solutions, expressed confidence in the industry's growth, emphasising the investments made to bolster capacities.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The industry, collectively urging stakeholders to support timely BIS QCO implementation, aims to create a thriving and competitive environment, especially for the MSME sector.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Rakesh Jain, Director of Atlas Metal Processors Pvt Ltd, highlighted the importance of the BIS QCO in establishing industry-wide standards, promoting fair competition, and ultimately benefiting consumers.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The industry calls upon stakeholders, policymakers, and influencers to support the timely implementation of BIS QCO, ensuring a thriving and competitive environment, especially for the MSME sector.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>36433</id>
    <link>https://knnindia.co.in/news/newsdetails/msme/indian-steel-bottle-industry-lauds-governments-quality-control-measures-urges-continuance</link>
    <pubDate>2024-01-25 18:05:19</pubDate>
    <source>knnindia.co.in</source>
    <title>Indian Steel Bottle Industry Lauds Government's Quality Control Measures, Urges Continuance</title>
</root>
