New BIS standards may hit car makers
BS reported that the Bureau of Indian standards has notified a set of standards for a host of items including, galvanized steel sheets that come into force from February next year.
Failing to meet these standards could in effect, temporarily endanger the production of a host of cars as steel companies like Nippon and POSCO may be reluctant to meet the specifications.
A Hyundai Motor India spokesperson said that "There does not seem to be enough time to get this certification. We do use high tensile and galvanized steel across all our products that is not available here and it will get impacted. We will make a representation on this to the government through SIAM".
Mr. I V Rao managing executive officer (engineering) of Maruti Suzuki India said that "There are no doubts about on quality with the companies who export steel to us, but the quantum of exports is so minimal compared to their global production that they may not be too keen in getting themselves certified through BIS. This type of steel is not manufactured here and if imports are not exempted then we will go for a toss".
Mr. Dilip Chenoy director general of Society of Indian Automobile Manufacturers said that "All hopes now rest with negotiations with the government. We will be speaking to the ministry of steel and BIS to get these categories out of the list. Without the exemptions there may not be subsequent quantity of steel available in the country in February".
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