India to accelerate BIS clearance for steel imports from Taiwan

The Indian government is set to expedite approvals from the Bureau of Indian Standards (BIS) on steel imports from Taiwanese integrated steel mills. This move came in response to complaints from micro, small, and medium enterprise (MSME) importers about extended delays in processing imports caused by India's Quality Control Order (QCO).

The country's Ministry of Steel (MoS) has acted to accelerate these approvals to ensure that MSMEs can import intermediate steel raw materials, add value locally, and boost exports. The QCO, which became effective on June 13, mandates BIS certification for all imported steel input materials. It prohibits the import of