Addressing the nation on India's 68th Independence Day, Hon'ble
Prime Minister Shri Narendra Modi urged the industry, especially
the Micro, Small and Medium Enterprises (MSMEs) of India, to
manufacture goods in the country with "zero defects" and to
ensure that the goods have "zero effect" on the environment. "We
should manufacture goods in such a way that they carry zero
defect and that our exported goods are never returned to us. We
should manufacture goods with zero effect that they should not
have a negative impact on the environment".
Ensuring competitiveness of India's MSME is critical as it will
contribute to the overall growth of the manufacturing sector and
the country's economy. International companies competing in
global markets focus on their competitive strengths of costs
acceptable to the market, technology, innovation, service
delivery, lean manufacturing, and defect free products for Zero
Defect and Zero Effect (ZED). It is hence prudent that we must
quickly set the pace for the template of industrialisation and
export fuelled growth to make a mark in global markets and
improve our GDP
