NEW DELHI: India’s decision to withdraw Quality Control Orders (QCOs) on more than 25 industrial raw materials is likely to ease compliance burdens and reduce costs for MSMEs, but the move risks unleashing a wave of low-priced imports from China, said Global Trade Research Initiative (GTRI) in a latest report on Friday.

The report further warned that while the rollback corrects years of regulatory overreach, the abrupt nature of the withdrawal leaves domestic manufacturers exposed at a time when anti-dumping duties have also lapsed, creating what GTRI calls . . .