FICCI has signed an international joint venture, in the sphere of quality, with American Society for Quality (ASQ), USA. It assumes special significance in the light of the current global financial crisis.
IN A landmark move, the Federation of Indian Chambers of Commerce and Industry (FICCI), has signed its first ever international joint venture in the sphere of quality.
FICCI has entered into 50:50 joint venture with American Society for Quality (ASQ), USA, the Worlds leading knowledge brand in organisational excellence and quality. This momentous JV is also the first ever Joint Venture signed by ASQ outside the US.
The new entity known as ‘FICCI- ASQ Foundation for Innovation and Excellence’ with equal equity participation from both bodies assumes special significance in the light of the current global financial crisis and the imperative need to emphasise on quality, cost reduction and customer satisfaction.