India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday.
In his address at a symposium organised by Indian Foundation for Quality Management (IFQM), for which he is the Chairman, Srinivasan cautioned that India will continue to lag behind the world if it continued to follow other countries like Germany, the US, Japan, Korea and China.
"We (India) have been one of the major economies in the world in the past. 700 years ago we contributed one quarter to the world's economy. We were a central hub of trading, dominating land routes and maritime routes both the West and East," Srinivasan said.
He further said,"And from there we today find ourselves at a very low level in terms of our contribution to global trade in goods and services."
Elaborating reasons behind establishing IFQM, he said it is "really not about the small Q
