Make In India Kicks In: Govt Switches to 'Zero Effect & Zero Defect' Mode
A QCI official, while reporting to the ET bureau said that "With Make in India, we will see foreign companies coming and establishing manufacturing in the country, who would have certain benchmark for quality. Therefore it is important that SMEs improve processes and the system in such a way that quality is assured and there is no rejection."
Within the coming three to five years these one million enterprises will be taken up from their current standards to ZED standards, which means that those products will be on par with the international product unit.
Companies will be assigned star ratings on a scale of 1 to 5 based on their levels of competence, technology and quality on 61 parameters which include things like infrastructure, waste disposal management as well.
Besides that there will be categories for each parameter ranging from bronze to silver, gold and diamond. A bronze one star will be the lowest rating, and diamond five stars the highest. Once a company reaches the five star diamond standards it is officially on par with the international product unit.
Government will set up a ‘Japan Plus team’ that will facilitate investment proposals from Japan. This team is likely to provide some funding to the model from the World Bank and MSME Ministry.
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