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Lecture 2.business in India.

This document discusses the business climate and globalization trends impacting Indian industry. It notes the increasing complexity, uncertainty, and need for flexibility, customer focus, and strong people management as characteristics of globalization. Indian industry includes both public sector units and private enterprises, from small and medium businesses to large companies. The document outlines India's growing role in the global economy due to its stable growth, regulations, FDI, and reversal of brain drain. It describes India's strengths in population, adaptability, and economic transition from a capital to knowledge economy. The challenges of increased competition, change, and new horizons in this turbulent business environment are also summarized.

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128 views13 pages

Lecture 2.business in India.

This document discusses the business climate and globalization trends impacting Indian industry. It notes the increasing complexity, uncertainty, and need for flexibility, customer focus, and strong people management as characteristics of globalization. Indian industry includes both public sector units and private enterprises, from small and medium businesses to large companies. The document outlines India's growing role in the global economy due to its stable growth, regulations, FDI, and reversal of brain drain. It describes India's strengths in population, adaptability, and economic transition from a capital to knowledge economy. The challenges of increased competition, change, and new horizons in this turbulent business environment are also summarized.

Uploaded by

vj1234567
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Business

Climate
in
India
In India these
Developments
Impact all sectors
including
Manufacturing

Characteristics of
Globalization
•Chaotic Competition
•Radical change
•Opportunities
•Strategic alliances
•Complexity/Uncertainty
•Flexibility
•Customer focus
•Saliency of People Mgt
Issues
Critical issues in shifts from
Capital to Knowledge Economy
Indian Industry

Public Sector Unit Private Sector Enterprise

Small &
Small Medium
Scale Family
Business
Industries Managed Large
Business Companies
India's place in the Global Economy
 India is
 a country of potential.
 Target within range of Indian
Capability
 India has
 Stable economy
 Continued economic growth
 Governmental regulations changes
 FDI enhancements
 NRI outreach
 Reversal/slowing down of brain drain
and Birds are coming back home.
India in the Global Market
 India’s Strengths:
 Population

 Ability to adapt and move beyond obstacles and


barriers gracefully and inherent responses
 Rising from the inside out on the shoulders and
in the minds of the Indian people
 pushing the limits of individual contributions

 India’s Goal :secure the future that has


been thousands of years in the making.
Our Economy is in Transition
 Predicted to change shape by 2025
 From To
Today’s Business Realities
A Global Web Assembly

Parts

Sales
Sales

Parts Parts
Sales Advertising Parts
Design
r l i fe ” :
f or d e a a n g e
g i n g o n l e n t c h
“H a n o f t u r b u
t h e f a ce
iv a l i n
Surv
Indian companies
striving to be
Global Leaders
in this exciting
Business
Environment
The intensity of this
will be far greater
in the near term as the
velocity of
change is increasing
s i n e s s i s
n B u
India t s s a i ls
s t in g i
adju e s o n n e w
tt i n g s i t
and s e
r iz o n s
ho
 India is Taking Giant
Steps….
U too take Calculative
steps
 And learn to walk Extra
Miles….before its too late…

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