Business
India Mulls Quality Control Orders To Protect Electrical Industry From Unfair Competition By 'Non-Transparent Economies'
Union Commerce and Industry Minister Piyush Goyal.
The government is considering issuing quality control orders for the Indian electrical industry in a bid to save the sector from unfair competition by 'non-transparent economies'.
Stressing on the need to issue Quality Control Orders (QCOs) across sectors in the electrical industry, Union Commerce Affairs Ministry Piyush Goyal on Tuesday (21 February) sought the industry’s support in implementing QCOs.
He was addressing the gathering at the 15th edition of ELECRAMA, themed ‘Reimagining Energy for Sustainable Future’, organised by the Indian Electrical and Electronics Manufacturers' Association (IEEMA) in Greater Noida.
"Quality control orders will help us save the industry from unfair competition from non-transparent economies which are pumping low quality goods and sub optimal goods into the country," Goyal stressed.
He urged larger companies to support and handhold smaller companies to develop quality consciousness by making them realise that quality would help them grow, get better markets and prices.
The minister also asked IEEMA to run campaigns to help people understand the importance of quality products and their role in boosting sustainability, energy efficiency and conservation.
He also applauded the electrical industry for having achieved $10 billion worth of exports and their target of achieving exports worth $25 billion dollars in next five years.
"But we have to achieve more", he added.
He asked IEEMA to strive to make ELECRAMA an unbeatable exhibition and take it not only to developing countries but also in the developed part of the world.
"We should go straight into the big markets and showcase our presence and world class quality standards globally and make it known that India can be a reliable and trusted partner in all their energy needs and in their energy efficiency and transition programmes," he noted.
The minister also asked IEEMA to take smaller editions of ELECRAMA to the state and regional levels.
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