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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$% one ,ee! at that time.
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Present Status
Present Fore" reser#e in our hands is- Rs.1& a!hs rores.
De#e$opment and /rowth is concern 0
S!% is the $imit. Strateg% *oda% 2e% concern to inrastructure bui$ding
PPP- Pub$ic Pri#ate Partnership
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Contd.,
During 1991- 3ndias e"terna$ 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.
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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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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$$ingnessto be a trading partner o india.
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Co!"re'ense nde
ccording to .2. 2earne%5 Management onsu$tanc%and Foreign MagaGine5
Po$itica$ engagement- membership in internationa$bodies (SR5 ;=D5 S=N5 and other g$oba$ bodies)
*echno$ogica$ onnecti#it% 0 No. o internet users5hosts and secure ser#ers ( 3nos%s campus at m%sore)
Persona$ ontact - 3nternationa$ trade and tourism5internation te$ephone tra+c5 compensation toemp$o%ees (R3 recei#ed E chinese engineersrecent$% to its amnagar p$ant in guarat)
=conomic integration 0 FD35porto$io capita$ :ows etc
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IB enron!ent toda)
2e% ha$$enges 0
MNs5 FD35 SR and =thics5 3nt$
;perations Management5 P=S*5 3nt$Strategic Management5 ,*;5 3nstitutiona$Support5 3nt$ strategic a$$iances5 int$ tradeb$oc!s - NF*5 /5 ;P= etc.5
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/a(rant %u0arat %$o(a$Inestors Su!!t
&' - attracts Rs. &55 rores
&11 - 8 &55 rores
Morethan 1 topnotch business $eaders
participated recent$% a ew da%s bac!
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u$t Cu$tura$s!
Managing M is essentia$ or int$ Irms.
Strateg%-cu$ture It Need or greater awareness o mu$ticu$ture
Spread cross-cu$tura$ $iterac% ompatibi$it% between strateg% and cu$ture u$ture and competiti#e ad#antage Managing di#ersit% etc
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Internatona$ Strate2# A$$an#es
Partner Se$ection 0 Man% ending ai$ure inthe past.
Manageria$ and Financia$ troub$es
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E#ono!# Consderaton orStrate2# A$$an#es
NP< (J7) K NP< () J NP< (7)
,here NP< (J7) L NP< o Firm s Firm 7s assets combine NP< () L NP< o Firm s assets a$one NP< (7) L NP< o Firm 7s assets a$one
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Inte2raton Bet&een Countres
NF* 0 7est !nown e"amp$e g$oba$$% =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$d
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Contd.,
*hin!ing g$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
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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$$ion)
;ut o these about 9 were rom Northmerica5 ,estern =urope5and Oapan.
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P'ases o %$o(a$saton
/$oba$iGation 1. and /$oba$iGation &. 0were primari$% dri#en b% =uropean andmerican peop$e.
/$oba$iGation >. is powered b% non-western and non-white group oindi#idua$s
?esterda% =C5 toda% sian Cnion and*omorrow C (rican Cnion)
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%udn2 Prn#"$es
Focus on peop$e Democratic and eecti#e state Sustainab$e de#e$opment Producti#e and eHuitab$e mar!et Fair ru$es /$oba$iGation with so$idarit%
/reater accountabi$it% to peop$e Deeper partnerships n eecti#e Cnited Nations.
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6or$d Ban7 est!ate on Inda() *+*+
3ndia wou$d emerge as F;CR*B argesteconom% b% && 0 ,or$d 7an! Report
3ndia sustain its /DP growth with 4.'-9upto &&.
3ndia wi$$ o#erta!e CS b% &&'.
3ndia wi$$ be economic Super Power
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Contd.,
?ear & #erage 3ndian earned ' ,hereas an merican earned >&5 ,ith 1 annua$ growth 5 an 3ndian wi$$
be more than 1 times richer than toda%.
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