Commerce ministry to devise national strategy on product standards

The commerce ministry has started an exercise to formulate a national strategy for standardisation of products and services with an aim to provide a level-playing field to domestic industry and adopt best practices.

The Department of Commerce has floated a draft Indian National Strategy for Standardisation seeking comments from all concerned stakeholders till March 30.

The ministry in a statement said that the rapid growth of the economy, its size and emerging relevance in global trade, make it essential to establish a robust quality infrastructure in India with a harmonised, dynamic, and mature standards ecosystem for goods.

This would fuel economic growth and