Globalization and liberalisation are changing the world around us at a frenzied speed. Indian Industries have been caught in this vortext of changes and have been exposed to unprecedented competition. It has now become incumbent upon them to raise the existing standards and meet new standards to face the current challenge.
Three apparently desparate but intrinsically interrelated issues are emerging as crucial to the question of survival and development. These are environment, Safety and cost control.
It is no more enough to ensure product quality . The process quality has become a new norm.
Safety is no more just a statutory obligation. The very economics of production now demands it, because the cost control in ultimate analysis has become an exercise in loss control.