India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry by next year, a government source told Reuters on Monday.
"Drawing from the example of measures taken for the toy industry in India, better standards helped comply with international standards. The industry then saw exporting opportunities and now they are exporting. We expect a similar thing to happen in other sectors," the source said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!