Neutral impactEconomy
India must surpass global quality benchmarks to win larger global share; trust remains ‘important challenge’: Venu Srinivasan
BusinessLine 1 hr ago·5 Oct 2026, 6:18 am
Venu Srinivasan, a prominent industry leader, has highlighted a critical strategic shift for India's manufacturing sector. He argues that to capture a larger share of the global market, the country must move beyond being a low-cost destination. Instead, India needs to focus on high-value production, emphasizing innovation, superior product design, and overall quality.
This perspective is significant for investors as it signals a maturation of India's industrial landscape. The goal of becoming a developed economy by 2047 cannot be achieved solely through cost competitiveness. Success will depend on building a reputation for premium goods that meet or exceed global standards.
Investors should monitor how Indian companies respond to this call for quality. A move toward premiumization could open new avenues for growth and higher margins. Watch for increased investments in R&D and design capabilities across key sectors.
Excerpt from BusinessLine
India will need to match and eventually surpass global manufacturing benchmarks set by countries like Japan, South Korea and China to secure a larger share of global manufacturing, said Venu Srinivasan,Chairman IFQM; Chairman Emeritus, TVS Motor Company, adding that building globally trusted Indian products remains an…Read the original at BusinessLine
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
