So far, a total of 187 QCOs covering 769 products have been notified for compulsory certification of BIS by various departments/ ministries of the government
Six years after leaving RCEP, India faces pressure to rejoin or consider CPTPP as US tariffs disrupt exports - but core trade, dairy, and policy hurdles persist
With US tariffs squeezing exports and trade talks stalled, India banks on the UK FTA to push forward EU negotiations, covering autos, wines, procurement and digital trade
As of today, out of approximately 23,000 BIS standards, only 187 QCOs covering 769 products have been notified. This suggests that while the momentum is rising, the journey is far from complete
Indian industry always preferred to have deeper trade relations with traditional markets - EU and the US- as it offers industry greater complementarity