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'Zero Defect can be possible only with sustainable growth of SMEs'
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Saurabh Gupta | 20 Nov, 2014
To ensure "Zero Defect" in products manufactured by the Micro, Small and Medium Enterprises (MSMEs), the government must assure the sustainable growth of them (MSMEs), Union Minister for Micro, Small and Medium Enterprises, Kalraj Mishra said at an event in New Delhi on Wednesday.
"It is the most important for us that we (government) must assure the growth of the MSME sector because unless until we assure sustainable growth and development of our SMEs, they can't look at quality of their products," said Mishra in his inaugural address of the 22nd CII National Quality Summit 2014 'Make in India Revolution: The Zero Defect & Zero Effect Way'.
He said, "In their daily life, most of small manufacturers are fighting for survival and looking for gap to grow, so growth becomes more important for them."
Mishra said that the government was committed to remove challenges of credit and infrastructure like power, ports, railroads coupled with a shortage of trained human capital and public sector control for the revival of manufacturing sector.
The Minister further added that the Government's New Manufacturing Policy had the vision to enhance the share of manufacturing in GDP to 25 percent 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, ā€ˇFormer 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.
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