The programme, organised in association with Quality Council of India (QCI) and Malabar Chamber of Commerce and Calicut Chamber of Commerce and Industry, will be inaugurated by K Sudhir, Additional Director, Department of Industries and Commerce of the state government, a press release from the FICCI state council said today.
It is intended to give a major fillip to Prime Minister Narendra Modi's vision to manufacture products with "zero defect" in terms of quality and with "zero effect" in terms of environmental impact under "Make in India" umbrella, it said.
The scope of the model spans across all sectors of manufacturing and service industries with a special focus on SMEs. It reflects a mechanism to provide the Indian MSMEs with a roadmap to improve from one level to the higher one.
ZED Rating is poised to emerge as a credible recognition of the domestic industry for International Customers and Foreign Direct Investors seeking investments in India. It is further likely to be made as a benchmark for suppliers to PSUs and Defence Offsets, the release said.