financetom
Business
financetom
/
Business
/
India becomes 13th country to issue globally recognised certificates for weights & measures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India becomes 13th country to issue globally recognised certificates for weights & measures
Sep 14, 2023 1:00 PM

In a big boost to manufacturers of weights, measures and other equipment used for measurements, the International Organization of Legal Metrology (OIML) has authorised India to issue globally recognised certificates for legal metrology.

Share Market Live

NSE

India will now be able to grant OIML certification to domestic as well as foreign manufacturers of certain products, and is the 13th country in the world to be given this authorisation. Australia, China, Czech Republic, Denmark, France, Germany, Japan, Netherlands, Slovakia, Sweden, Switzerland and the United Kingdom are the other countries that are authorised to grant this certification.

The South Asian country can also confer the mandatory OIML Pattern Approval certificates to weights and measures for sale in the international market, as the reports prepared by the Legal Metrology’s Regional Reference Standards Laboratories (RRSL) are now acceptable to the OIML issuing authorities. This implies that India's domestic manufacturers can now export their weighing and measuring instruments worldwide without incurring any additional testing fees, hence saving on the costs incurred till now.

India's Department of Consumer Affairs (DCA) defines Legal Metrology as the application of legal requirements to measurements and measuring instruments.

Consumer Affairs Secretary Rohit Kumar Singh told CNBC-TV18 that India can also earn foreign exchange as fees for evaluating and issuing OIML pattern approval certificates from its certified RRSLs to foreign manufacturers. Initially, India will start providing certification for eight sets of equipment and will expand the ambit further with OIML's due diligence for more types of equipment.

With RRSL labs already functional in Ahmedabad, Varanasi and Guwahati. India has already been approached by many European manufacturers for certification. The Secretary explained that many overseas manufacturers are approaching India for certification due to lower costs and shorter queues for approval.

Despite needing OIML certification from abroad, India has exported measuring instruments worth Rs. 600 crores in the last three years. The Department of Consumer Affairs expressed confidence that OIML certification will help boost India's global trade with better harmonisation of standards, lower redundancy and lesser compliance costs.

OIML is an intergovernmental organisation established in 1955 with 63 member states and 64 corresponding members. India is slated to host an OIML meeting in March 2024.

Also Read:India reduces wheat stock limit to 2,000 tonnes; assures of ample stocks of wheat, rice, sugar, edible oil

(Edited by : Sangam Singh)

First Published:Sept 14, 2023 10:00 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Oct 3, 2024
FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on Thursday. Germany abstained in a first non-binding vote in July on the European Commission's proposal to impose the tariffs, but since then industry has pressured German Chancellor Olaf Scholz to vote against the...
Update: Walt Disney Reportedly Cuts 75 Jobs Across ABC Network
Update: Walt Disney Reportedly Cuts 75 Jobs Across ABC Network
Oct 3, 2024
01:21 PM EDT, 10/03/2024 (MT Newswires) -- (Updates with Disney's ( DIS ) response in the last paragraph.) Walt Disney ( DIS ) has cut approximately 75 staff members across ABC News and its eight ABC-owned local stations, multiple media outlets reported Wednesday, citing a memo to the staff. The layoffs are evenly divided between employees from ABC News and...
Tetra Tech Lands $249M Army Corps Contract, Powering Eco-Friendly Projects Across US
Tetra Tech Lands $249M Army Corps Contract, Powering Eco-Friendly Projects Across US
Oct 3, 2024
Tetra Tech, Inc ( TTEK ). shares are trading higher on Thursday. The company revealed that the U.S. Army Corps of Engineers (USACE), Omaha District, awarded $249 million, multiple-award contract to provide environmental assessment and design services at facilities and sites throughout the United States. Under this 7-year contract, Tetra Tech’s scientists, engineers, and technical specialists will provide a range of...
US says it has disrupted Russian efforts to commit computer fraud
US says it has disrupted Russian efforts to commit computer fraud
Oct 3, 2024
Oct 3 (Reuters) - The United States has seized 41 internet domains used by Russian intelligence agents and their proxies to commit computer fraud and abuse, the Justice Department said in a statement on Thursday. The department said it had acted concurrently with a Microsoft ( MSFT ) civil action to restrain 66 internet domains used by the same actors....
Copyright 2023-2026 - www.financetom.com All Rights Reserved