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Emerging India

In: Business and Management

Submitted By amars19
Words 2342
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Session 7
Emerging Markets:
India

July 11, 2016

IIM-K PGP 19 IB 2016-17 S7: Emerging
Markets: India

1

Emerging Economies
Location:

Asia, Americas, Africa, Europe

Features:

Rising income/skills; large markets; cheaper factor resources

Prospect:

Fast developing (e.g., BRICS)

July 11, 2016

IIM-K PGP 19 IB 2016-17 S7: Emerging
Markets: India

2

Prospective Economies
Asia:

Indonesia, India, China

Europe:

Poland, Russia

North America: Mexico

South America: Brazil
Africa

July 11, 2016

Kenya, Nigeria, South Africa

IIM-K PGP 19 IB 2016-17 S7: Emerging
Markets: India

3

India as Global Business Destination: Perceptions*
Democracy is vibrant, govt. is highly bureaucratic; corruption is rampant in state & local governments

A dynamic press & vigilant NGOs act as checks on politicians & companies
Restrictions on green-field investments & acquisitions in some sectors make joint ventures necessity
Red tape hinders companies in sectors where the govt. allows foreign investment Some local design capability is available in product markets; IPR problems exist with US in some sectors; regulatory bodies monitor product quality & fraud Suppliers are available; but their quality & dependability varies greatly

* Strategies That Fit Emerging Markets, HBR, June 2005, pp.9-10
July 11, 2016

IIM-K PGP 19 IB 2016-17 S7: Emerging
Markets: India

4

India as Global Business Destination: Perceptions*
Roads are in poor condition; ports & airports are underdeveloped
Consumers buy both local & global brands; global ad agencies are present, but they have been less successful than the local ad agencies
The country has a highly liquid pool of English-speaking management talent fueled by business & technical schools; local hires are preferred over expatriates
TU movement is active & volatile,…...

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