international business- india’s future

8/10/2019 International Business- Indias Future

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INTERNATIONAL BUSINESS-INDIAS FUTURE


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1991- Status

Dr. Manmohan Singh(present PM) was theFinance Minister during 1991 in the thenPrime Minister Mr. Narashima Raos

cabinet presented union budget and sittogether or chec!ing the accounts.

Foreign e"change reser#e was on$%Rs.&' rores.

*his ba$ance was su+cient or importinggoods or on$% one ,ee! at that time.


3/24

Present Status

Present Fore" reser#e in our hands is- Rs.1& a!hs rores.

De#e$opment and /rowth is concern 0

S!% is the $imit. Strateg% *oda% 2e% concern to inrastructure bui$ding

PPP- Pub$ic Pri#ate Partnership


4/24

Contd.,

During 1991- 3ndias e"terna$ debt was1.4& a!hs rores.

3ndias Strateg% during that time /o a$ong with P/- (adopts Singapore

Mode$) 3ndia was not araid o an% thing at that

time and concentrated on 3ncreased its Production and reduced

consumption5 3ncreased Sa#ings and3n#estment.


5/24

Contd.,

3ndia is part o 67R38 %esterda% and toda% it ise"panded 67R3S8

urrent /DP is 4 - 9

3n:uence o 3*5 3*53*eS57P;s52P;s


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7/24

Se#tora$ %ro&t' () *+*+-anest!ate

=ducation - A.

Pharmaceutica$s - A .

Bea$th are - A .

Media - '. =ntertainment - '. Crban Bousing Proects - E.

7an!ing - '. '

utomobi$e - '. Retai$ - A. 3nsurance - E.'


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Nature o IB Toda)

/$oba$iGation o 0

apita$5 orporate Mindset5 Supp$% hain5

and Mar!et Presence. Recent$% #isited CS President reHuest our

PM to open up our mar!ets to CS goodsand ser#ices.

Recent hinese Premiers #isit to ourcountr% a$so e"pressed hinas wi$$ingnessto be a trading partner o india.


9/24

Co!"re'ense nde

ccording to .2. 2earne%5 Management onsu$tanc%and Foreign MagaGine5

Po$itica$ engagement- membership in internationa$bodies (SR5 ;=D5 S=N5 and other g$oba$ bodies)

*echno$ogica$ onnecti#it% 0 No. o internet users5hosts and secure ser#ers ( 3nos%s campus at m%sore)

Persona$ ontact - 3nternationa$ trade and tourism5internation te$ephone tra+c5 compensation toemp$o%ees (R3 recei#ed E chinese engineersrecent$% to its amnagar p$ant in guarat)

=conomic integration 0 FD35porto$io capita$ :ows etc


10/24

IB enron!ent toda)

2e% ha$$enges 0

MNs5 FD35 SR and =thics5 3nt$

;perations Management5 P=S*5 3nt$Strategic Management5 ,*;5 3nstitutiona$Support5 3nt$ strategic a$$iances5 int$ tradeb$oc!s - NF*5 /5 ;P= etc.5


11/24

/a(rant %u0arat %$o(a$Inestors Su!!t

&' - attracts Rs. &55 rores

&11 - 8 &55 rores

Morethan 1 topnotch business $eaders

participated recent$% a ew da%s bac!


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u$t Cu$tura$s!

Managing M is essentia$ or int$ Irms.

Strateg%-cu$ture It Need or greater awareness o mu$ticu$ture

Spread cross-cu$tura$ $iterac% ompatibi$it% between strateg% and cu$ture u$ture and competiti#e ad#antage Managing di#ersit% etc


13/24

Internatona$ Strate2# A$$an#es

Partner Se$ection 0 Man% ending ai$ure inthe past.

Manageria$ and Financia$ troub$es


14/24

E#ono!# Consderaton orStrate2# A$$an#es

NP< (J7) K NP< () J NP< (7)

,here NP< (J7) L NP< o Firm s Firm 7s assets combine NP< () L NP< o Firm s assets a$one NP< (7) L NP< o Firm 7s assets a$one


15/24

Inte2raton Bet&een Countres

NF* 0 7est !nown e"amp$e g$oba$$% =F* 0 =urope F* 0 sia

*rading /roups- =C5P=-sia-PaciIc

=conomic ooperation.


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Cost 3ua$t) and De$er)

Detroit5 Stuttgart5 *o!%o5 Shanghai andPune

-a high tech manuacturing hub in india -banga$ore astest growing cit% in the

wor$d toda% -chennai emerging medica$ hub o the

wor$d


17/24

Contd.,

*hin!ing g$oba$ From Musc$e power to 7rain power Rea$ising g$oba$ strateg% /$oba$ ramp through acHuisitions- ross

border mergers and acHuisitions 3ndia b% &&.


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Bene4ts o %$o(a$5aton

ibera$iGation o internationa$ trade ="pansion o FD3 =mergence o ross-border Inancia$ :ows Mo#ement o peop$e *ranser o *echno$og%

*oda% =ast become Materia$istic and ,estis s$ow$% mo#ing towards Spiritua$istic


19/24

Po&er o Internatona$Cor"orates

?ear && AE5 internationa$ companies 4@5 oreign subsidiaries =mp$o%ed '> mi$$ion peop$e *ota$ sa$es 14 *ri$$ion ( ,or$ds /DP E *ri$$ion)

;ut o these about 9 were rom Northmerica5 ,estern =urope5and Oapan.


20/24

P'ases o %$o(a$saton

/$oba$iGation 1. and /$oba$iGation &. 0were primari$% dri#en b% =uropean andmerican peop$e.

/$oba$iGation >. is powered b% non-western and non-white group oindi#idua$s

?esterda% =C5 toda% sian Cnion and*omorrow C (rican Cnion)


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%udn2 Prn#"$es

Focus on peop$e Democratic and eecti#e state Sustainab$e de#e$opment Producti#e and eHuitab$e mar!et Fair ru$es /$oba$iGation with so$idarit%

/reater accountabi$it% to peop$e Deeper partnerships n eecti#e Cnited Nations.


23/24

6or$d Ban7 est!ate on Inda() *+*+

3ndia wou$d emerge as F;CR*B argesteconom% b% && 0 ,or$d 7an! Report

3ndia sustain its /DP growth with 4.'-9upto &&.

3ndia wi$$ o#erta!e CS b% &&'.

3ndia wi$$ be economic Super Power


24/24

Contd.,

?ear & #erage 3ndian earned ' ,hereas an merican earned >&5 ,ith 1 annua$ growth 5 an 3ndian wi$$

be more than 1 times richer than toda%.

international business- india’s future

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