The scheme is aimed at improving the quality of the products in the MSE sector and inculcates the quality consciousness in this sector. With the adoption of this scheme, MSEs will become more competitive and produce better quality products at competitive prices. The adoption of these tools will enable MSEs to achieve efficient use of resources, improvement in product quality, reduction in rejection and rework in the course of manufacturing, reduction in building up inventory at various stages etc.
The Cluster-based approach is adopted for economy of scale, better dissemination of QMS/QTT and for best results. However, individual units (preferably from specific products in groups) may also be considered under the Scheme. Micro & Small enterprises is being selected from the clusters under study or intervention by this Ministry and clusters identified by other Organization and Ministries also.
The main objective of the scheme is to sensitize and encourage MSEs to adopt latest QMS and QTT and to keep a watch on sectoral developments by undertaking the stated activities.
The scheme is being implemented for Micro & Small Enterprises to understand and adopt the latest Quality Management Standards (QMS) and Quality Technology Tools (QTTs), so as to become more competitive and produce better quality products at competitive prices. The adoption of these tools will enable MSEs to achieve: (i) Efficient use of resources. (ii) Improvement in product quality. (iii) Reduction in rejection and re-work in the course of manufacturing. (iv) Reduction in building up inventory at the various stages in the form of raw materials, work-in-progress, finished components, finished products, etc. This will also enable the MSEs to enter into or strengthen their position in the export market. The Competition Watch(C-watch) sub-component of this scheme will enable Indian MSE, to understand the latest foreign products that are penetrating in the Indian market.
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