The Economic Times

A 1% problem that can derail Indias factory lines as tiny screws throw big tantrums

A recent analysis highlights that stringent regulations on fasteners, a seemingly minor expense, are leading to significant production hurdles. These limitations are driving up costs and limiting available supply, adversely affecting sectors such as automotive and construction. The 'Make in India' initiative is under considerable threat. The report advocates for a more straightforward, risk-focused approach for essential safety components.