Making India Glocal!

Indian economy is witnessing a perception change with the growth of consumerism.

As the Indian economy integrates with the global economy and as trade accelerates,there will be a need to align local quality,safety and compliance standard with global norms.

To bring Indian industries at par with the global standard,it is the need of the hour to raise awareness on the role of quality & safety services which will open gates for global exports from India.

India is considered as the off shoring hub as this industry will grow to a size of USD 100 billion at an annual growth rate of 10 per cent by 2012.Thus this industry is projected to deliver optimum output as it provides an amicable environment,central location and cheap man power.

To match Indian products and services with the global standards,quality and safety certifications will play a very important role in taking Indian Exports on a higher growth trajectory.

Globalization has heightened interest in global standards which has positively contributed towards strengthening of the national economy. Quality and safety solutions help in addressing a wide range of issues,from quality assurance,food safety,working conditions,environmental and social concerns,strengthening of staff capabilities and the need for collection and exchange of data.

The market for Quality and safety testing services continues to expand. Consumers and regulatory bodies are increasingly concerned about the quality and safety of products and services and their impact on the environment.

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The number of global and domestic regulations concerning issues such as the environment and the safety and quality of products has increased; and this trend is set to continue. Manufacturers and retailers need to meet the demands of their customers and ensure that they comply with the increasingly complex array of legislation. Intertek works in partnership with its customers to help them meet those demands and increase the value of their products and services.

Speaking on the same Harsh Chopra,Country Manager India,Intertek said, As the Indian economy is integrating with the global economy it has become imperative for SMEs to meet international quality & safety regulatory norms. The growth of international trade has raised awareness about quality and safety certification providers in equipping companies to conduct business in the global market place and provide a competitive edge.