The complex web of factors impacting the growth and performance of Indian Industry are economic scenario, input prices, forex fluctuations, availability of skills, technology and competitiveness.

With the above challenges looming large at the industry, the greatest challenge to the industry is to produce high quality product/ service at the most economical cost. This will enable the organization to gain competitive advantage in the industry.

Objective
Understanding this requirement CII has established the TCM division to provide cost management services to the Indian industry.

The prime objective of the division is to facilitate the national movement on TCM in order to make Indian industry cost competitive.

Genesis
TCM division was conceptualized under the dynamic leadership of Mr S Mahalingam, CFO - TCS in the early 2000. He is ably assisted by TCM Working Group of experts/ free lance professionals drawn from across the industry segments.

Activities
The core activities of the division are in the form of
1. Training Programmes
2. Seminars and conferences
3. Newsletters and case study booklet
4. TCM intervention in organizations/ MSME clusters
5. TCM & research