After raising import duties for years, India is now cutting tariffs
Goal: Boost local manufacturing & join global supply chains
Quality control orders (QCOs) are becoming new trade barriers
800+ issued, disrupting imports in key sectors like steel & leather
Unclear rules & delays raise costs for businesses
Exporters struggle to meet global supply commitments
QCOs aim to curb low-quality Chinese imports
But they now hurt Indian producers & exporters instead
More bureaucracy = delays, uncertainty & lobbying
Businesses hesitate to invest due to unpredictable costs
India’s trade openness must match its economic goals
Regulations need reform to avoid stealth protectionism