Union Finance Minister Nirmala Sitharaman has said that India’s next phase of growth must be built on quality. Addressing the 53rd National Management Convention of the All India Management Association in New Delhi today, Mrs Sitharaman said that every factory floor, boardroom, service centre, and Research and Development team must aim for higher standards, fewer defects, and greater reliability. She stressed that management professionals and corporate leaders should make quality consciousness a shared discipline, embedded in products, processes, services and institutions.