Building Sustainable Indian Multinationals

building multinational THEME: Building Sustainable Indian Multinationals: agenda for Action Team Members: 1) Tanmoy Barman 2) Mukund Kumar transcription - Tayo Rolls Ltd Contents How can Indian Organization pluck change and sic them to perform in world(prenominal) context and eco-system…...…………………………………………………………………………………………..3 Need for globalization……………………………………………………………………………………….4 A framework that organizations of like a shot can create and adhere to, in order to manage diversity while expanding their global footprints……………………………………………….6 Some good practices that Indian organizations can adapt from successful multinationals with vast global bearing……………………………………………………………………………………………….15 Conslusion………………………………………………………………………………………………………………………16 Bibliography16 How can Indian organization manage change and prepare them to perform in global context and ecosystem?

International function of Indian multinationals during in the past was usually represented by cross-border green field investment by setting up either joint ventures or subsidiaries in foreign countries. To pay off itself in the global ecosystem Indian companies required globalization. Need for Globalization for Indian Companies In 1991, the Indian Economic Reform proceeding opened up a lot of challenges and opportunities both at the domestic and the international arena. with the dismantling of the licensing system for setting up industries and encouragement to foreign direct investment, it was greatly feared that Indian companies would non be able to match up to the marketing and fiscal prowess of MNCs. Corporate India soon began to realize the importance of mergers and acquisitions in order to grow in the global market. Severe molding pressures on products forced Indian companies to look out for high margin products and penetrate into new geographies. It was not until 2000 that Indian companies... If you need to get a full essay, order it on our website: Orderessay

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