Manufacturing sector growth and GDP of the country runs in tandem. In today’s world, the increased level of globalization and competition is forcing the firms to gain competitiveness, this ‘improved competitiveness’ in its broadest level is referred as manufacturing excellence . And as the business meet theme goes, we are here today to discuss on manufacturing excellence in India: Opportunities and challenges . India has already gone through a strict policy regime for the industries in an era of 1970s and 1980s, which ended after liberalization came to India in 1990’s and changed manufacturing sector a lot after that. Today, Indian firms are working on a world class quality (WCQ) and total quality management (TQM) approach to achieve manufacturing excellence at par with the scale at which global leaders run their operations in respective fields. The manufacturing sector is moving from conventional sources to greener technology. Reduction in emission levels, use of ERP & MR...
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