New Delhi [India], August 12 (ANI): The Ministry of Steel has introduced an vital step to ease the import course of for metal merchandise by granting exemptions to 202 BIS (Bureau of Indian Standards) licenses from obligatory adherence necessities on the Steel Import Monitoring System (SIMS) portal.
In an official assertion issued on Monday, the ministry mentioned, ‘In pursuance of the para II of order no. S-20011/15/2024-TECH dated 11.07.2025, 202 numbers of BIS licences (Annexure-1) have been exempted within the SIMS portal from the obligatory adherence requirement of enter metal for the ultimate merchandise equipped by Integrated Steel Plants (ISPs) up to now’.
As per the ministry order on 8 August, the exemptions cowl producers from 16 nations, together with Japan, South Korea, Germany, Italy, France, Russia, and the US. Japan leads the record with over 80 licences, adopted by South Korea with greater than 50.
The transfer is aimed toward simplifying procedures and supporting the sleek circulate of metal imports, significantly for Integrated Steel Plants and overseas producers supplying metal to India.
By eradicating the necessity for compliance with sure uncooked materials necessities, the choice is anticipated to make the method extra environment friendly and assist the trade give attention to manufacturing and provide with out delays attributable to procedural hurdles.
The exemption covers round 72 overseas built-in metal vegetation that maintain these 202 BIS licenses. The measure supplies short-term reduction to the trade, permitting these overseas producers to proceed supplying metal to Indian ISPs with out going through further compliance burdens underneath the SIMS system.
The Bureau of Indian Standards licensing is mostly a key regulatory requirement for metal imports, guaranteeing high quality and security in supplies used for home manufacturing.
However, the Ministry of Steel clarified that this rest is restricted to the listed licenses and is in step with its efforts to enhance the benefit of doing enterprise within the sector. (ANI)