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Construction, PV segments to boost tyre industry: JK Tyre CMD Raghupati Singhania

  8
 May 31, 2024

Group photo of agency representatives

The center plans to implement a quality control order on car tires from Friday to curb the import of substandard car and bike wheels. The move has been welcomed by riders as the latest amendment in the quality control order allows some manufacturers to import a limited number of rims that do not meet Bureau of Indian Standards (BIS) standards. According to official data, China and Germany are the largest suppliers of goods to China. While China exports more, Germany exports more to India.

“The quality control standards for rims of two-wheelers and four-wheelers have been strengthened. The order will be finalized on 12. month 22 Joint Secretary, Ministry of Heavy Industries, Hanif Qureshi day in force (Hanif Qureshi) told The Economic Times.

According to the World Trade Organization (WTO) According to the regulations, the order on quality control of automotive rims includes coordination of imports. Wheels, parts and accessories system. (HS) Code. During April-October of the current fiscal year, India’s revenue stood at Rs. 375.42 crore, up 10.61% from Rs. 339.39 crore in the same period of the previous fiscal.

Germany’s exports stood at Rs 110.44 crore in the fiscal year to October, while China’s exports stood at Rs 90.15 lakh crore. However, during the months under review, China exported 26.12 lakh vehicles to India while Germany exported 13.63 lakh vehicles to India.

A senior government official said, “India has enough domestic suppliers of car wheels. We have also issued certificates to compliant companies exporting from India.” He added that BIS officials have issued certificates due to restrictions related to COVID-19. Don’t do this. Chinese companies.

BIS officers issue certificates of compliance to qualified manufacturers after on-site inspection. Once the importer receives the certificate from BIS officers from BIS. For the goods of certified manufacturers, the government officials will inspect the goods at Indian ports and then sell them to the domestic market.

Under the new relaxation, automobile and bicycle manufacturers can import BIS required rims that are not BIS compliant for various purposes including repair or after-sales service, research and development (RD) and manufacturing.

The QM standard was first proposed in 2020 and was scheduled to be implemented in September 2021 However, the implementation date was postponed several times as exporters and the domestic industry could not obtain BIS certification within the proposed timeframe.

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