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02/04/2016 11:31am

QCI to cover 26000 mfg MSMEs in 2 yrs under ZED model; plans to take it to services as well

image QCI to cover 26000 mfg MSMEs in 2 yrs under ZED model; plans to take it to services as well

New Delhi, Apr 1 (KNN) Quality council of India has planned to cover 26000 Micro, Small and Medium Enterprises in the next two years under Zero Defect Zero Effect (ZED) model which includes 6000 firms alone from the Defence sector, the General Secretary of Quality Council of India Dr. Ravi P Singh told KNN.

Talking to KNN, the secretary said that ZED is an integral part of Make in India programme in manufacturing sector, but there are some plans to take it forward for the services sector also.

However, he said that we are planning to target more small and Medium Enterprises (SMEs), and our assessment for first two years are 6000 MSMEs in defence sector.

He further explained that defence procurement has already been announced which would give exposure to MSMEs for utilising defence offset.

"During the 12th plan period, government has promised to give subsidy up to 70-80 per cent depending on what kind of and what size of MSME it is and they will go through this entire exercise of certification," he said

It is a huge opportunity for the Indian MSMEs to start competition in international level, he said adding that it is a welcome sign for the India manufacturing industry. (KNN Bureau)

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