Business EconomyPosted at: Nov 18 2025 6:53PM


Venu Srinivasan of TVS Motor chosen for CII Quality Ratna Award 2025.

Chennai, Nov 18 (UNI) Mr. Venu Srinivasan,Chairman Emeritus of TVS Motor Company, was chosen for the prestigious CII Quality Ratna Award 2025.
It was announced at the 33rd CII Excellence Summit 2025 which marked a defining moment for India’s industrial future as visionary leaders and policymakers converged to chart an ambitious roadmap for transforming India into a developed Nation by 2047 through quality excellence, innovation, and inclusive growth.
Accepting the honour, Mr Srinivasan shared that quality begins with trust. “Technology and social aspirations are driving new products and services. Designs should be led by the customers, a deep understanding of customer requirements is necessary before you design a product or a service. Trust with employees comes first as employees take care of customers. Provide value in every product or service that you offer, living by values, and serve the customer to ensure lifetime service,” hr said.
The Summit, organised by the CII Institute of Quality (CII), brought together over 1,000 quality champions and business leaders committed to elevating Indian manufacturing from 3% to around 25% of global output while creating around 100 million jobs and establishing India among the world’s top three manufacturing hubs.
Welcoming participants, Mr R Mukundan, President Designate of CII and MD and CEO of Tata Chemicals Limited, said that the call for 2047 is a call for action for every citizen, entrepreneur, and policymaker to join hands for manufacturing excellence and sustainable development.
Mr. Soumitra Bhattacharya, Chairman, CII Institute of Quality said “to achieve the "Viksit Bharat 2047" goal, the manufacturing sector must increase its contribution to the national GDP to at least 25% from its current level of around 15-17%.
This requires an annual growth rate of approximately 15% for the manufacturing sector. Achieving manufacturing excellence involves
a holistic strategy focused on continuous improvement, and high performance in quality, cost, speed, and safety. Establishing clear objectives, empowering employees, optimizing processes through methods like Lean Manufacturing, and leveraging technology for
data-driven decision-making will be the key, he said, according to a press release.
Quality is not just a technical requirement; it is a national priority and the key determinant of how our industry is perceived globally,
said Mr Sanjay Garg, Director General of the Bureau of Indian Standards (BIS), echoing the Prime Minister's call for Zero Defect,
Zero Effect manufacturing. “From the government perspective, quality is not just a technical requirement; it is a national priority, a strategic necessity, and a key determinant of how our industry is perceived on the global stage,” he added.
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