OYO, Zostel at loggerheads over arbitration awardOnly Tata, Spicejet now in the fray for Air IndiaJLR takes to job cuts in India to achieve agilityWarburg Pincus arm to invest Rs 800 cr in Adani PortsCentre proposes to raise LIC's authorised capital to Rs 25K crNita Ambani launches women-centric digital platform 'Her Circle'Trifecta Capital closes 2nd debt fund at Rs 1,025 crICICI Bank reduces home loan interest rate to 6.70%Higher infra spend ups 'Construction Equipment' volumesEzstays completes seed round of funding
The announcement of Make in India and Zero Defect Zero Effect put in perspective the governments’ intent to change the course of the economy by focusing on manufacturing as an engine of sustained growth. In order to build the ecosystem to implement the idea, three important components emerged as the vehicle for this new transformation:
•The Ease of Doing Business in India.
•The confidence in the quality of source material, components, and services.
•Making available competent human resource drive the change.
While the Department of Industrial Policy and Promotion took the responsibility of creating an atmosphere of Ease of doing business, QCI along with the M/o MSME started exploring the idea of creating a holistic scheme to engage the MSME sector, long considered as a propellant for sustained growth, by improving their quality and competitiveness.
ZED was thus born! The ecosystem around ZED model is calibrated to make aware, assess, rate, counsel, handhold, re-assess & certify MSMEs and ensure that they rise up the ZED ladder, thus enhancing their competitiveness in the global marketplace and making them an important cog in the wheel in the “MAKE-IN-INDIA” campaign.
Browse through our collection of helpful articles, best practices in manufacturing
industry & real-life case studies.
We are never too far away from you. Connect with us. Join the conversations on
one of our forum boards. Engage. Learn.