Srinivasan says India must beat global quality benchmarks
In short
Venu Srinivasan said India must do better than global quality standards if it wants a bigger share in world markets. He said trust is still a major problem and that India cannot depend only on low costs to reach its 2047 development goal.
He also said innovation, product, and design must get more attention. The report does not say what exact action will follow.
What the reporting says
Venu Srinivasan said India must surpass global quality benchmarks to win a larger global share, according to a publisher summary. He warned that trust remains an important challenge and said India’s 2047 developed-economy goal cannot rely only on cost competitiveness. He said innovation, product and design must matter more, but the reporting does not specify any company action or policy response.
Why it matters
Venu Srinivasan said India needs to exceed global quality benchmarks to gain a larger share in world markets, and that trust remains an important challenge. He added that India’s 2047 developed-economy goal cannot rest only on cost competitiveness, pointing instead to innovation, product and design. The comments matter for exporters and manufacturers, but the reporting does not include a specific company decision.