Panaji: A commitment to excellence and a focus on continuous improvement are some of the key qualities for taking manufacturing beyond world class, according to Alok Tyagi, Head of Strategy and Business Development of Tata Chemicals.

Delivering the keynote address as the chief guest at the 28th annual general body meeting of Goa Management Association, he said that there are many Indian success stories at the international level.

He said India is turning out to be successful in the core sector but taking manufacturing beyond world class could also encompass shipping, banking and a whole gamut of other sectors.

Tyagi who has had important stints with prominent companies said setting the course for ‘beyond world class’ may be difficult but transition later would be easier, if it was focussed on leadership, early planning and succession in the hierarchy.

GMA chairman Srinivas Dempo in his speech hailed the Association’s revival of activities after a difficult phase.

He said amidst globalisation and the onslaught of foreign investment, there were some Indian companies which were doing well and buying up other concerns abroad.

Earlier, Lt. Col. (retd.) Silvester D’Souza, chairman of the executive panel welcomed the gathering.

Vice Chairman Blaise Costabir was also on the dais.