Home News Industry

Category: Industry

Post
Regulatory delays cripple Indian cos: Certifications disrupt FMCG, electronics sectors’ performance

Regulatory delays cripple Indian cos: Certifications disrupt FMCG, electronics sectors’ performance

New Delhi: Delays in regulatory clearances such as BIS quality certifications and FSSAI licences are disrupting business timelines, hitting production schedules, imports and product launches across sectors, according to a survey by consulting firm JR Compliance. More than 40% of companies said their business plans were delayed by several months because certifications did not come on time,...