5 Dariya News

Kalraj Mishra inaugurates CII National Quality Summit 2014 Make in India Revolution: The Zero Defect & Zero Effect Way

5 Dariya News

New Delhi 19-Nov-2014

Kalraj Mishra, Union Minister for Micro, Small and Medium Enterprises inaugurated the 22nd CII National Quality Summit 2014 `Make in India Revolution: The Zero Defect & Zero Effect Way` here today. Speaking on the occasion, the Minister stressed that the key focus of the `Make in India` campaign entails ease of doing business; focuses on Public-Private partnerships and harnesses the potential of Democracy, Demography and Demand. The resultant development to India, he said, was a `collective responsibility` and the role of the manufacturing sector in it would be significant, especially in promoting exports. Besides creating jobs, the boost to the manufacturing sector would be crucial to first develop our country and then avail of the Foreign Direct Investment opportunity to further the gains for national wellbeing. India, he noted, already had a number of competitive advantages. India`s domestic market comprised over 600 million rural consumers; Indian workers wages were competitive; it has a large talent pool including a strong engineering ecosystem. 

The Minister further added that the Government’s New Manufacturing Policy had the vision to enhance the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs on a sustainable basis. Key policy instruments for achieving the above objective would include establishment of National Investment and Manufacturing Zones (NIMZs), self governing and Autonomous Bodies for Industrial Townships and proposals to improve access to finance for SMEs in the manufacturing sector. In this context, he lauded the launch of the ZED campaign which would go a long way to make Indian companies, especially the MSME sector, world class. 

In line with the Prime Minister’s speech and CII’s agenda to make India a Model Inclusive Nation with zero defects and maximum effect, the CII National Quality Summit discussed the way forward for India Inc to become “Zero Defect, Zero Effect” through an enabling environment; adopting excellence framework, systems and processes, incorporating the success factors of business models, consumer behavior, technology trends and future factories. Present on the occasion were Adil Zainulbhai, Chairman, Quality Council of India (QCI), T.C. A. Ranganathan, ‎Former Chairman & Managing Director, Export-Import Bank of India, N. Kumar, Chairman, CII Institute of Quality & Past President, CII & Vice Chairman, The Sanmar Group, R Mukundan, Co-Chairman, CII Institute of Quality & Managing Director, Tata Chemicals, Chandrajit Banerjee, Director General, Confederation of Indian Industry .