Need to boost manufacturing sector to promote exports: Kalraj Mishra
Updated: Nov 20, 2014 12:17:18pm
New Delhi, Nov 20 (KNN) Union Minister for Micro, Small and Medium Enterprises, Kalraj Mishra has said that bringing about development to the country is a collective responsibility. He also said that the manufacturing sector needs a boost to promote exports.
“Besides creating jobs, boost to the manufacturing sector would be crucial to first develop our country and then avail of the foreign direct investment opportunity to further the gains for national wellbeing,” he said at the 22nd CII National Quality Summit 2014.
The summit on the theme Make in India Revolution: The Zero Defect and Zero Effect Way discussed the way forward for India Inc to become “Zero Defect, Zero Effect” through an enabling environment; by adopting excellence framework, systems and processes, and by incorporating the success factors of business models, consumer behaviour, technology trends and future factories.
Speaking on the occasion, Mishra stressed that the key focus of the ‘Make in India’ campaign entails ease of doing business; with emphasis on public-private partnerships, harnessing the potential of democracy, demography and demand.
Emphasizing the government’s New Manufacturing Policy, the minister said there is need for 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.
The policy has a vision to enhance the share of manufacturing in GDP to 25 per cent within a decade and creating 100 million jobs on a sustainable basis.
He also he hailed the launch of the ZED campaign which would go a long way to make Indian companies, especially the MSME sector, world class.
Chairman, Quality Council of India (QCI) Adil Zainulbhai, Former Chairman and Managing Director, Export-Import Bank of India TCA Ranganathan, Chairman, CII Institute of Quality and Past President N Kumar, Co-Chairman, CII Institute of Quality R Mukundan and Director General, Confederation of Indian Industry Chandrajit Banerjee were present at the event. (KNN/ST)
“Besides creating jobs, boost to the manufacturing sector would be crucial to first develop our country and then avail of the foreign direct investment opportunity to further the gains for national wellbeing,” he said at the 22nd CII National Quality Summit 2014.
The summit on the theme Make in India Revolution: The Zero Defect and Zero Effect Way discussed the way forward for India Inc to become “Zero Defect, Zero Effect” through an enabling environment; by adopting excellence framework, systems and processes, and by incorporating the success factors of business models, consumer behaviour, technology trends and future factories.
Speaking on the occasion, Mishra stressed that the key focus of the ‘Make in India’ campaign entails ease of doing business; with emphasis on public-private partnerships, harnessing the potential of democracy, demography and demand.
Emphasizing the government’s New Manufacturing Policy, the minister said there is need for 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.
The policy has a vision to enhance the share of manufacturing in GDP to 25 per cent within a decade and creating 100 million jobs on a sustainable basis.
He also he hailed the launch of the ZED campaign which would go a long way to make Indian companies, especially the MSME sector, world class.
Chairman, Quality Council of India (QCI) Adil Zainulbhai, Former Chairman and Managing Director, Export-Import Bank of India TCA Ranganathan, Chairman, CII Institute of Quality and Past President N Kumar, Co-Chairman, CII Institute of Quality R Mukundan and Director General, Confederation of Indian Industry Chandrajit Banerjee were present at the event. (KNN/ST)
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