A Study on Impact of Liberalization on Quality  Improvement of Selected Engineering Industries with Special Reference to Coimbatore District

S.Kavitha; K.Vasanthi

Volume : III, Issue : X, October - 2013

A Study on Impact of Liberalization on Quality Improvement of Selected Engineering Industries with Special Reference to Coimbatore District

S. Kavitha, K. Vasanthi

Abstract :

Coimbatore, known as ‘The Manchester of South India’ is the house for numerous textile mills and more than fifty thousand large, medium, and small scale engineering units. The liberalization policy, declared in 1991 by the Government of India, exposed the Indian Industries to global competitive pressures and opportunities. It ought in a new era of technology, quality consciousness, and competition, which compelled Indian business to wake up from its somnambulism and reassess its assumptions for dealing with the ‘compete–or–perish’ situation. However, the industry quickly responded to these challenges and upgraded itself. Quality improvement is a strategic variable employed in the highly competitive international business world. Quality Improvement is a formal approach to the analysis of performance and systematic efforts to improve it. Industries need quality improvement of manufacturing process as it helps to decrease the operation cost, to improve product quality, etc. This paper attempts to analyze the impact of liberalization and quality improvement of selected engineering industries in Coimbatore a district in Tamilnadu, INDIA. This study is most useful to determine factors to improve the quality of the product and chance to compete with international market players