Telcos with 4G network will have to invest less for 5G services: TRAIQlik to acquire Attunity for nearly $560 mn5G-enabled smartphone shipments to exceed 140 mn in India by 2025Bankers' consortium finalising Jet's long term resolution plan: PNBIndia Ratings maintains stable outlook for auto sector in 2019-20SpotDraft raises $1.5mn in funding led by Binny Bansal-backed firmShell companies: e-filing details must for all firmsMove to stall AirAsia's international flight operationsGMR-Terna to build new airport in GreeceCBI, ED to summon Chanda Kochhar, others soon
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.