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India Today
2 days ago
- Business
- India Today
SGS Proudly Marks 75 Years Of Operations In India
SGS proudly marked 75 years of successful operations in India with a grand commemorative event, Vishwasotsav, held in New Delhi. The event was graced by several eminent dignitaries and leaders from the Government of India, regulatory authorities, the corporate world and the leadership team at Chief Guest for this event was Hon'ble Shri Piyush Goyal ji, Minister of Commerce and Industry, Government of India. The Guests of Honor included Her Excellency Ms. Maya Tissafi, Hon'ble Ambassador of Switzerland to India and Bhutan; and members from regulatory bodies which included - Secretary General of Quality Council of India Mr. Chakravarthy T. Kannan; Chairman NABCB – Dr. Ravi P. Singh; and Dr. Kaushik Banerjee – Director, Indian Council of Agricultural Research (ICAR). Distinguished attendees included Ms. Geraldine Picaud, Group CEO, SGS; Mr. Steven Du, Head of Asia Pacific Region, SGS and Mr. Amit Thakkar – Managing Director, SGS India, Bangladesh and Sri Lanka - along with prominent leaders from the public and private – A celebration of Trust – marked 75 years of SGS's service excellence in India's Testing, Inspection, and Certification (TIC) industry. The event honored the company's enduring legacy, and its promise of trust delivered to customers. For over seven decades, SGS has empowered industries by upholding rigorous benchmarks in safety, reliability, regulatory compliance and performance - enabling businesses to deliver world-class products and services with confidence. This celebration also highlighted SGS's pivotal role in India's economic and industrial growth, while reaffirming its unwavering commitment to trust, integrity and the highest standards of quality, that continue to define its impact across industries and on the significance of the milestone, Mr. Amit Thakkar, Managing Director, SGS India, Bangladesh and Sri Lanka shared:'With Vishwasotsav, we celebrate more than just a milestone - we celebrate a mission - one rooted in excellence, guided by integrity and built on the trust we've earned over the past 75 years. I take this moment to recognize the strength of our partnerships, the dedication of our people and our common purpose toward quality and excellence that drives us forward. As we look to the future, we remain steadfast in our commitment to shaping sustainable growth, embracing innovation and delivering lasting value to our stakeholders, our communities, and the evolving world around us.'Union Minister of Commerce and Industry, Shri Piyush Goyal said, 'As we enter into MRAs with Switzerland and as the EFTA agreement comes into effect in the coming months, our focus on partnerships and deeper technical cooperation becomes increasingly important. Recognition of each other's laboratories, testing systems and certifications is essential. These MRA's would stand on the strength of high-quality testing, high-quality inspection, high-quality compliance and I am sure SGS will continue to serve this partnership, bring high-quality standards to India and help us in our evolution in a journey towards better and greater quality standards in India - aligned with the Government of India's 'Zero Defect, Zero Effect' vision for world-class, sustainable manufacturing.'Disclaimer: The material, content, and/or information contained within this Impact Feature are published strictly for advertorial purposes. T.V. Today Network Limited hereby disclaims any and all responsibility, representation, or endorsement with respect to the accuracy, reliability, or quality of the products and/or services featured or promoted herein. Viewers or consumers are strongly advised to conduct their own due diligence and make independent enquiries before relying on or making any decisions based on the information or claims presented in the impact feature. Any reliance placed on such content is strictly at the individual's own discretion and risk.- Ends advertisement
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Business Standard
04-07-2025
- Business
- Business Standard
India-EFTA trade pact likely to be implemented in coming months: Goyal
The free trade agreement between India and the four-nation European bloc EFTA is likely to come into force in the next couple of months, Commerce and Industry Minister Piyush Goyal said on Friday. The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates, and cut and polished diamonds at lower or zero duties. "I think it should come into effect, I believe in the next couple of months," Goyal said here at an event of SGS India. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Talking about the government's initiative to promote manufacturing of quality products in the country, Goyal said in the last 10 years, 156 quality control orders (QCOs) covering 672 products have been issued to cut import of sub-standard goods into the country. Till 2014, only 14 such orders covering 156 products were issued. He added that huge opportunities are there for testing, inspection and certification business in India. "We focused on high quality product manufacturing and it will help capture global markets," he said, adding India's exports growth demonstrates the country's good quality of goods and services that India offers to the rest of the world. He also said that the government is gradually promoting third-party certification. Goyal suggested the industry identify areas where testing is required so that the government can set up more testing labs and appealed to larger industry bodies to support MSMEs in upgrading the quality of their products.
