Stainless steel sector MSMEs flag import surge, urges govt. to reintroduce quality control order
Indian stainless steel MSMEs are urging the government to reinstate a quality control order to curb a surge in low-priced Chinese imports. Industry bodies claim the current lack of regulation threatens domestic jobs and investments.
Why it matters
The tension highlights the ongoing struggle between domestic manufacturing protectionism and the need for affordable raw materials in the Indian industrial sector.
Over 100 MSME players of the stainless steel sector have urged the government to reintroduce the quality control order, citing a surge in Chinese imports after the order was revoked to ease the sourcing of raw material for domestic manufacturing.
The article presents the concerns of the industry associations while providing context on why the order was originally suspended.
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