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The Centre has exempted inputs used in export products from quality control orders issued by the Steel Ministry, DPIIT, and Textiles Ministry, as per the Directorate General of Foreign Trade's Foreign Trade Policy, 2023. Manufacturers no longer need prior approvals from BIS for selling regulated items in the country.
How Toyota Tsusho's Metalsplanet.com Will Be The New Gamechanger SECTIONS Last Updated: Feb 05, 2021, 02:42 PM IST Share Comment Last year, the outbreak of the Covid-19 pandemic had severely impacted the global automobile, construction, and electrical machinery industries, which together contribute 75-85% to the global non-ferrous metal demand. As a result, consumption of these metals had contracted significantly, ranging from 3 - 4% for copper and zinc, and up to 8 percent for aluminium on a Y-o-Y basis. However, the good news is that the tides are changing. There has been a steady turnarou...