FE Editorial : Marutiís long drive
While Maruti has benefited from the extensive vendor base that Suzuki helped set up right from the time it entered the Indian market in the mid-1980s, the larger upgradation of Indiaís technical skills has played a major role. Which is why engineering exports rose from 15% of total exports in 2000-01 to around 22% in 2011-12óin terms of value, they grew 10 times. That again, is not surprising given the dramatic jump in quality levels. India has around 30 companies who have the prestigious Deming quality award today as compared to around a tenth a decade ago. In terms of the Japan Institute of Plant Maintenanceís Total Productive Maintenance awards, the number has nearly doubled to around 200 today. The Nano, and other examples of frugal engineering like it, arenít that surprising given this track record.
Be the first to comment.