Businesses face significant delays due to slow regulatory approvals like BIS quality certifications and FSSAI licenses. This impacts production schedules, imports, and product launches. Companies report months of delays, missing crucial festive and peak sales periods. Sectors like electronics, telecom, FMCG, and consumer goods are most affected. Regulatory preparedness is key to business success in India.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/regulatory-delays-cripple-indian-cos-certifications-disrupt-fmcg-electronics-sectors-performance/126263047
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/regulatory-delays-cripple-indian-cos-certifications-disrupt-fmcg-electronics-sectors-performance/126263047