During the valedictory address at the Indian Foundation for Quality Management (IFQM) Symposium in New Delhi, Union Minister of Commerce and Industry, Mr. Piyush Goyal, delivered a compelling message about the necessity for quality to become a default standard in India's manufacturing processes. His address was a call to action for industry leaders, urging them to prioritize quality as an integral part of production rather than treating it as an optional feature for consumers.

Vision of Quality

Mr. Goyal commended the IFQM for its industry-led initiative aimed at enhancing quality. He acknowledged the challenge of shifting mindsets within the industry, which is crucial for realizing India's commitment to quality. The Minister referenced Prime Minister Mr. Narendra Modi's vision of ‘Zero Defect and Zero Effect,’ which serves as a guiding principle for governance and aims to transform India into a developed nation.

Sustainable Practices in Manufacturing

In his address, Goyal emphasized that adopting sustainable manufacturing practices is essential for aligning with a green economy. He argued that sustainable practices not only improve product quality but also contribute positively to environmental sustainability. The focus on sustainability aligns with global trends and expectations, positioning Indian manufacturers to compete effectively on the world stage.

Growth of Quality Control Orders

The Minister highlighted a remarkable increase in Quality Control Orders (QCOs) over the past decade. These orders have grown from 14 orders covering 106 products in 2014 to 174 orders covering 732 products today. This substantial growth reflects a commitment to enhancing product standards across various sectors, including the toy manufacturing industry, where the impact of quality control has led to increased exports and a stronger global presence.

Enhancing India’s Global Brand

To further establish India as a globally recognized brand, Goyal stressed the importance of prioritizing quality in manufacturing across all sectors. He called upon industry leaders to collaborate with the government to enhance quality, particularly in the Micro, Small, and Medium Enterprises (MSME) sector. This collaboration should include sharing best practices and leveraging the QCO ecosystem to align Indian standards with global benchmarks.

The Role of Self-Reliance

Goyal also underscored that India’s export competitiveness should stem from self-reliance rather than dependency on subsidies. He made it clear that ensuring quality is not just a responsibility but a duty towards achieving the goal of Viksit Bharat (Developed India).

Conclusion

In summary, Mr. Piyush Goyal's address at the IFQM Symposium serves as a significant call for the Indian manufacturing sector to elevate its standards of quality. By embracing quality as a default standard and focusing on sustainable practices, India can enhance its global competitiveness and work towards becoming a developed nation. The commitment to quality articulated by the Minister is vital for the growth of the agricultural economy and for fulfilling the vision of Viksit Bharat.

Through collaboration between industry and government, India has the potential to create a more prosperous and sustainable future. To further explore opportunities in the market, visit Best IPO to Apply Now - IPO List 2024 and stay updated with Top News Headlines - Share Market News.

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