Pankaj Tyagi

Global Quality Certification is an autonomous certification body rendering an accreditation of Quality management systems such as ISO 9001, ISO 14001, and ISO 18001. Apart from ISO certification, GQC also provides various other certifications for different management systems, including QHSE. In this blog, we will explain some prominent benefits of Global Quality Certification. Reflection of […]

The Indian healthcare market is the fastest-growing market for medical products. Manufacturers worldwide are more inclined toward the Indian market due to the high potential for growth and long term profit. In India, medical devices are regulated by The Central Drugs Standard Control Organization. Being a statutory body, the CDSCO is held accountable for furnishing […]

Banks and Non-Banking Financial Companies (NBFCs) are a vital part of any financial system. NBFCs are the privately-owned business entity governs by RBI’s law. Banks and NBFCs have many things in common and they play a vital role in building the country’s financial infrastructure. In this blog, we will look into the Key differences between […]

Previously, the medical devices manufacturers were free to sell their products in the Indian market without any regulation. Since 2006, the medical devices imported from overseas locations need to comply with Indian medical device regulations established by CDSCO. The CDSCO (Central Drugs Standard Control Organisation) is a statutory body that laid down rules for new […]

Food safety and standard authority of India have announced that every food shipment (mentioned in Annexure-II) coming in the Indian territory would be permitted to sell unless the consignment is annexed with a GM-free certificate having FSSAI license. In simple terms- FSSAI mandates a non-GM certificate for the exporter of overseas locations. The non-GM certificate […]

The Kerala Authority of Advance Ruling has made an important announcement regarding the GST’s applicability to the land rented by the municipality. The recent decision clarifies that the applicant who uses the lease-based property of the municipality shall now be free from GST Regulations and tax liabilities. The decision has been taken in the view […]

Medical devices in India are manufactured against the predetermined compliances to ensure product safety. Previously, the distributors, importer, and manufacturers of medical devices sold their products without any license. Unfortunately, such liberties have been laid off by the government a few years back to ensure the protection of human life. Now, every manufacturer who wants […]

The audit report is prepared by the in-house auditors of the company. The audit report reflects the financial prowess of the company that helps investors to make informed decisions. This forces the auditors to pay extra attention while interpreting the data collected during the auditing process to draw a legitimate conclusion. The audit report is […]

Nearly every product that is sold in the European Union steak around a safety standard called CE. It is the short form of the term called “Conformité Européenne,” a french word. Manufacturers across the EU require to affix this logo on their product to ensure conformity against the EU’s directive and regulations. The CE mark […]

CE marking is the mark of Genuity that declare product is fit to use and doesn’t have potential hazards that might endanger the life. Today’s CE marking is used over 20 products category, including electronics, machinery, and medical equipment. The product with CE marking promises to deliver hazard-free functionality to the end-users. In this blog, […]

Do you ever feel like your product should available in a wider market? Imagine expanding your customer base to a potential 500 million people? The European community has a population of over 500 million people. If you hope to grow your business to new markets in Europe, you have to ensure that your product is […]

The number of NBFC across India is reducing drastically, mainly due to the revised criteria for the net owned funds. The cancellation rate has been escalated significantly in the past few years making it harder for the existing entities to carry on their business. There is a provision for surrendering the NBFC license. In this […]

Pharmacy is one of those business areas that witness long term profitability irrespective of the economic turbulence. The drug business is relativity more rigid and versatile than other business models when it comes to withstanding the financial crisis. Any business entities willing to engage with such a business model need to avail of a drug […]

Vaccine or drugs in India cannot be manufactured without permission from the government. There are tons of legal formalities that one needs to counter before involving drug manufacturing or distribution business. Currently, the existing drug producer in India works under the Drugs and Cosmetics Act, 1940. The Act encloses extensive guidelines that regulate the manufacturing […]