We are now in a time of manufacturing where precision is more than a technical necessity; it's a business requirement. The more complex, globally dispersed and demanding things get, the less slack remains in the system. Under these circumstances tolerance management has become a decisive competence and affects competitiveness not only in terms of controlling costs, ensuring quality and improving production efficiency but also for long term market success.
Speaking on the sidelines of the World Economic Forum 2026, India's IT Minister Ashwini Vaishnaw is now claiming that the country will soon have its own smartphone brand (or brands, plural), and promises the Indian government has done all the "homework" required for such an endeavor. This brand (or these brands, it's unclear if we're talking about one or more) will be launched within the next 12 to 18 months and will be "global".