New Delhi: Union Finance Minister Nirmala Sitharaman said that India’s next phase of economic growth must be built around quality, reliability and higher standards, while addressing the 53rd National Management Convention of the All India Management Association (AIMA) in New Delhi.
She stressed that quality consciousness must become a shared discipline across the economy, with every factory floor, boardroom, service centre and R&D team striving for higher standards, fewer defects and greater reliability.
The All India Management Association (AIMA), established in 1957, is the apex professional body for management in India. It works closely with industry, government, academia and students to strengthen management capabilities and promote professional management practices. AIMA currently has more than 38,000 individual members and nearly 6,000 corporate/institutional members, supported by 68 Local Management Associations. (AIMA)
AIMA’s 53rd National Management Convention is being held on 21–22 September 2026 at Hotel Taj Palace, New Delhi. Its theme is “Transforming for Tomorrow: Growth with Resilience”, bringing together leaders from industry, government, academia and other sectors to discuss changing technologies, economic and geopolitical shifts, innovation and business resilience. (AIMA Events)
AIMA conducts a range of programmes and initiatives covering management education, skill development, research, publications, executive education, training, competitions and national and international conferences. Its flagship events include the National Management Convention, National Leadership Conclave and Managing India Awards. (AIMA)
The Finance Minister’s remarks placed quality at the centre of India’s next growth phase, linking stronger standards and reliability with the country’s broader ambition of building globally competitive businesses and institutions.