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Cost of Compliance in Manufacturing

CII - Deloitte Report


Despite the current reformatory moves by the government, policies related to the legal and regulatory compliances have not kept pace with the change and are seen to be cumbersome and business unfriendly. Deloitte Touche Tohmatsu India Pvt Ltd (Deloitte) along with the Confederation of Indian Industry (CII) conducted a survey focusing on the “Cost of Compliance” for companies from the manufacturing industry doing business in India to identify key issues faced by companies relating to legal/statutory requirements.