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Growth must lead to integrated development of society: Sindhia
Investors urged to look beyond Bangalore

Our Bureau


The Karnataka Minister for Finance, Mr P.G.R. Sindhia (right), greets the Chairman and Director, Maeda Corporation, Japan, Mr Matabee Kenji Maed, at the 13th Quality Summit organised by CII in Bangalore on Thursday. Also seen is Mr K.N. Shenoy, Vice-Chairman, Volvo India Ltd & Chairman, CII Institute of Quality. - Bhagya Prakash K.

Bangalore , Nov. 10

THE Karnataka Minister for Industry and Infrastructure, Mr P.G.R. Sindhia, on Thursday allayed fears of investors on the Government's commitment to develop world-class infrastructure in Karnataka and said they should start looking at other centres in the State, apart from Bangalore.

Inaugurating the 13th Quality Summit, organised by the CII Institute of Quality, hereMr Sindhia underscored the importance of public-private partnership for making Karnataka a showpiece of excellence in all spheres of industry infrastructure and social equity.

He said despite criticism of poor infrastructure, Karnataka had attracted Rs 80,000-crore investments in the last 18 months, while its exports had also doubled to Rs 62,000 crore.

While admitting that the rapid growth of the city had put pressure on infrastructure, the Minister sought the help of the CII to tackle the challenge.

New challenges: On the theme of `Global Competitiveness for Inclusive and Sustainable Growth', Mr Sindhia said it is important for companies to be poised to meet new waves of change and emerging challenges of competition through new business models.

"The growth must be inclusive, otherwise imbalances in development will create more problems. Success is not measured by individual millionaires but by the integrated development of the society," he said.

Prof. Matabee Kenji Maeda, Honorary Chairman & Director, Maeda Corporation, dwelt on improving quality at a strategic level and said, "The key for breakthrough management in quality is to formulate your hypothesis, verify it, and spiral up relevant processes. Managements should guide the processes towards creating more systematic organisations," he said.

Mr R. Seshasayee, Vice-President, CII & Managing Director, Ashok Leyland Ltd, said, "To be able to compete with the large economies emerging on the global platform, we have to develop new models of growth. We have to innovate new paradigms for growth that is sustainable." He underlined the need to define the meaning of `quality' in both the goods and services sector.

Dr Surinder Kapur, Chairman, CII National Committee on Quality and Training Services, Chairman & Managing Director, Sona Koyo Steering Systems Ltd, said wining 16 Deming Awards by companies reflected India's earnestness in joining the quality movement.

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