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Regulations and Standards plays a crucial role in the global trade ecosystem. They ensure that products and services meet minimum safety, quality, and performance criteria which fosters consumer trust and facilitates international trade. While regulations are mandatory requirements enforced by governments, standards are generally voluntary guidelines established by consensus among stakeholders. Standards can be developed by national, regional, and international standards development organisations and by consortia of businesses to adhere a specific marketplace need or to support regulations, generally, termed as Voluntary Standards. These frameworks for quality assurance minimise the need for extensive and repetitive conformity assessments, thereby enhancing supply chain efficiency and reliability. By adhering to international regulations and standards, exporters and manufacturers can simplify the compliance process, enabling them to access global markets.
In India, BIS provides a comprehensive list of all standards based on sector at a common area which can be viewed Click Here!
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