This presentation was done by combining many presentations and docs on slideshare. I got it from slideshare so thought of sharing it with everyone who will need it...
This document provides an overview of the impact of globalization on India's economy and broadcasting industries. It discusses how India has opened up to international trade and investment, leading to privatization and liberalization in many sectors. This includes the deregulation and privatization of India's broadcasting industry in the late 1990s, allowing foreign media conglomerates to enter and transforming India from a state-controlled broadcast system to one with nearly 70 private television channels. The globalization of India's economy and media landscapes has presented both opportunities and challenges for the country.
The document discusses India's comparative advantages in the context of globalization. It notes that while India has certain strengths like a large skilled workforce and strategic location, it also faces challenges in areas like infrastructure, R&D, and developing a global mindset. Globalization is driving trends like the rise of global supply chains and brands. Indian companies need world-class products, global scale of operations, and strategic alliances to compete on a global stage. Education and developing professionals with international skills and knowledge are important for leveraging opportunities and dealing with threats from globalization.
A slideshow highlighting the positive effects of globalisation. India burgeoning middle-class now can take advantage of the many retail outlets, malls, shops, restaurants, cinemas.
Mexico has a large and growing economy, ranking 5th globally by 2050 according to some estimates. It has a population of over 112 million and a GDP of over $1 trillion currently, expected to reach $1.4 trillion by 2015. Mexico has pursued trade liberalization, having 11 free trade agreements covering over 60% of global GDP. This extensive trade integration and Mexico's young workforce have made it an attractive destination for foreign investment and manufacturing, particularly in industries like automotive, aerospace, and information technology. Mexico's stable macroeconomic environment, competitive costs, and proximity to the U.S. market position it well for continued economic development.
The document discusses emerging markets and compares the top 10 fastest growing emerging markets in 2005 and 2014. It finds that while the largest emerging markets by GDP have remained mostly the same, the composition of the fastest growing markets has changed significantly. In 2005, the top 3 fastest growing markets were China, Kuwait, and Kazakhstan, but in 2014 they were India, China, and Nigeria. The reasons for countries dropping or rising in growth rankings varied, such as economic diversification helping countries like Bangladesh and Nigeria accelerate, while dependence on oil hurt growth for Kuwait, Qatar and Saudi Arabia.
This document discusses China and India's progress in catching up technologically to global leaders. It analyzes several industries - software, space, automotive, and personal computers - and finds that while both countries have made substantial progress, they still lag global leaders in innovation and remain dependent on foreign technology, especially in core components. The document hypothesizes that further catching up is likely due to economic shifts to Asia, regional production networks, bargaining power to access foreign technology, investment in education, and policies supporting skills and research. It concludes that strategic vision and coherent sector policies have been important to progress, but long-term convergence depends on developing strong national innovation systems.
The document provides an overview of the Indian economy as an emerging global power. It notes that India is the 10th most industrialized country and 4th largest economy by GDP at purchasing power parity. Some key points are:
- India has a strong services sector accounting for over 50% of GDP, with industry and agriculture making up the remainder.
- The economy has experienced strong real GDP growth of over 9% in recent years, with corporate earnings growth over 20%.
- Projections estimate India's GDP will surpass Japan's by 2032 and per capita income will increase 35-fold by 2050, cementing India as the third largest economy.
This document provides an overview of the impact of globalization on India's economy and broadcasting industries. It discusses how India has opened up to international trade and investment, leading to privatization and liberalization in many sectors. This includes the deregulation and privatization of India's broadcasting industry in the late 1990s, allowing foreign media conglomerates to enter and transforming India from a state-controlled broadcast system to one with nearly 70 private television channels. The globalization of India's economy and media landscapes has presented both opportunities and challenges for the country.
The document discusses India's comparative advantages in the context of globalization. It notes that while India has certain strengths like a large skilled workforce and strategic location, it also faces challenges in areas like infrastructure, R&D, and developing a global mindset. Globalization is driving trends like the rise of global supply chains and brands. Indian companies need world-class products, global scale of operations, and strategic alliances to compete on a global stage. Education and developing professionals with international skills and knowledge are important for leveraging opportunities and dealing with threats from globalization.
A slideshow highlighting the positive effects of globalisation. India burgeoning middle-class now can take advantage of the many retail outlets, malls, shops, restaurants, cinemas.
Mexico has a large and growing economy, ranking 5th globally by 2050 according to some estimates. It has a population of over 112 million and a GDP of over $1 trillion currently, expected to reach $1.4 trillion by 2015. Mexico has pursued trade liberalization, having 11 free trade agreements covering over 60% of global GDP. This extensive trade integration and Mexico's young workforce have made it an attractive destination for foreign investment and manufacturing, particularly in industries like automotive, aerospace, and information technology. Mexico's stable macroeconomic environment, competitive costs, and proximity to the U.S. market position it well for continued economic development.
The document discusses emerging markets and compares the top 10 fastest growing emerging markets in 2005 and 2014. It finds that while the largest emerging markets by GDP have remained mostly the same, the composition of the fastest growing markets has changed significantly. In 2005, the top 3 fastest growing markets were China, Kuwait, and Kazakhstan, but in 2014 they were India, China, and Nigeria. The reasons for countries dropping or rising in growth rankings varied, such as economic diversification helping countries like Bangladesh and Nigeria accelerate, while dependence on oil hurt growth for Kuwait, Qatar and Saudi Arabia.
This document discusses China and India's progress in catching up technologically to global leaders. It analyzes several industries - software, space, automotive, and personal computers - and finds that while both countries have made substantial progress, they still lag global leaders in innovation and remain dependent on foreign technology, especially in core components. The document hypothesizes that further catching up is likely due to economic shifts to Asia, regional production networks, bargaining power to access foreign technology, investment in education, and policies supporting skills and research. It concludes that strategic vision and coherent sector policies have been important to progress, but long-term convergence depends on developing strong national innovation systems.
The document provides an overview of the Indian economy as an emerging global power. It notes that India is the 10th most industrialized country and 4th largest economy by GDP at purchasing power parity. Some key points are:
- India has a strong services sector accounting for over 50% of GDP, with industry and agriculture making up the remainder.
- The economy has experienced strong real GDP growth of over 9% in recent years, with corporate earnings growth over 20%.
- Projections estimate India's GDP will surpass Japan's by 2032 and per capita income will increase 35-fold by 2050, cementing India as the third largest economy.
The document discusses opportunities and challenges for businesses entering markets in Eurasia. It provides an overview of the market size and characteristics of countries in the region. Challenges include corruption, administrative barriers, and inconsistent legislation. The U.S. Department of Commerce offers services to help businesses navigate these issues and access trade financing, including international trade experts, assistance resolving trade complaints, and training programs.
This document provides an overview of the automobile industry in India. It discusses that India has a large and growing automobile industry, including major companies like Maruti Suzuki, Hyundai, and Tata Motors. Production of automobiles has increased steadily each year from 2005 to 2010. Exports of passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers have also increased annually. The market size of the Indian automotive industry is projected to reach $122-159 billion by 2016. However, the industry has become more volatile in recent years due to fluctuations in metal and fuel prices.
The document discusses opportunities for US companies exporting to India. It provides an overview of India's strong economic growth, large middle class, and changing policies that make it more attractive for foreign investment. Specific industries like IT, biotechnology, automobiles are highlighted as top sectors in cities such as Bangalore, Chennai, Hyderabad, Mumbai, and New Delhi. The document also lists the Indian government's efforts to improve intellectual property protection and provides resources for US companies to utilize when exporting to India.
- Organised manufacturing is the biggest private sector employer in India, employing over 30 million people. The government aims to achieve 25% GDP share and 100 million new jobs in the sector by 2022.
- India's manufacturing sector has grown significantly in recent years, with the sector's Gross Value Added reaching US$ 390.84 billion in 2017-18. Various initiatives like Make in India aim to make India a global manufacturing hub.
- Key sub-sectors include food products, textiles, chemicals, pharmaceuticals, machinery, transport equipment, and others. Eight core industries like coal, crude oil and electricity have also witnessed growth, with the overall index growing 4.2% in 2017-18.
Multinational corporations have significant economic power and influence on developing countries and their populations. They can affect women's health by employing them in large numbers under certain conditions. Some pharmaceutical multinationals have also acted unethically in developing world contexts, such as testing unapproved drugs on children or pressuring governments over intellectual property. However, multinational investment can also generate jobs and skills training, as well as technology and knowledge transfers to host countries.
Countries compete to increase productivity and living standards, attract investment, and ensure economic stability. India ranks 58th on global competitiveness. The rise of Industry 4.0 focuses on innovation, R&D, and indigenous technology development. Countries also compete in trade through initiatives and emerging markets, as well as protectionism, ease of doing business, tourism, and data localization. New global alliances are forming among world powers like BRICS as globalization evolves.
A research paper prepared by me on the Manufacturing Sector In India. It contains a SWOT analysis and possible outcomes in the future for the industry.
Globalization has led to greater economic integration between countries through increased trade and movement of people, goods, services and capital. Technological advancements in transportation, communication and information technology have enabled this integration by reducing costs and improving connectivity. Multinational corporations have furthered globalization by setting up production facilities in multiple countries to take advantage of cheaper resources and access new markets. While globalization has increased competition and consumer choice, it has also negatively impacted some local producers who struggle to compete.
This document discusses the impacts of globalization on the Indian economy. It begins with defining globalization and providing examples of globalization. It then discusses the major economic crisis India faced in 1991 that led to reforms liberalizing and globalizing the economy. These reforms included privatization, fiscal deficit reduction, and opening to foreign investment. The document notes both positive impacts, such as rapid GDP growth and increased foreign exchange reserves, as well as threats, such as increased rural poverty and job instability. It concludes by stating that while globalization provides opportunities, India must manage threats and not rely on it as a solution to all problems.
The Indian cement industry has grown significantly over the past decade, outperforming other major economies. It is now the second largest cement producer in the world, growing at a faster rate than China's cement industry. Key drivers of growth have been increased infrastructure development, housing sector growth, and industrial projects. The government is investing over $500 billion in infrastructure projects over the next five years, which will further drive cement demand.
Globalization has increased economic interdependence between countries through rising international trade, financial flows, and cultural exchange. In India, globalization has led to both benefits and challenges. It has increased foreign investment and access to technology, but has also resulted in job losses as companies shift production to lower-cost countries. India has pursued economic liberalization policies since the 1990s, leading to strong GDP growth, but growing inequality as well. Key exports include gems, textiles, engineering goods, and oil, while major imports are machinery, oil, and coal. Foreign exchange reserves have risen sharply since the 1990s to over $300 billion.
The document discusses why India should be a part of the process of globalization. It notes that prior to 1991, India followed an import substitution policy to be self-reliant, but this policy did not achieve expected growth rates or improve human development. India then searched for other options to open its economy and integrate with the global economy through globalization. Reasons given for why India should liberalize include being better equipped to improve government performance, attracting long-term foreign investment to fund development plans, and expanding job opportunities to reduce poverty. The example is given of South Korea and ASEAN countries that practiced free trade, aimed for global competitiveness, and have since progressed and developed into major global economies.
Gujarat has experienced strong economic growth, with annual growth averaging 9% in the last 3 years. It accounts for 16% of India's industrial production despite having only 5% of the population. Key industries include petrochemicals, automotive, engineering, textiles, and chemicals. The state has developed infrastructure like ports, roads, and industrial parks to support business. There are opportunities for Japanese companies in sectors like infrastructure, IT, engineering, chemicals, and healthcare.
Kingston Smith Asia Pacific Conference Mumbai 25 May 2010Bhuta Shah & Co.
This is the keynote presentation at the Kingston Smith Asia Pacific Conference held on 25 May 2010 at J.W. Mariott Mumbai by Shailesh Bhuta Founder and Managing Partner of Bhuta Shah & Co.
India and China have different economic systems and development approaches. China has a state-controlled economy with extensive government intervention, while India has a more open economy with less government control. China's economy has focused on manufacturing and exports, while India's economy emphasizes services. However, India is expected to see higher GDP growth rates in the coming years due to its demographic dividend of a younger population and growing domestic consumer market. Infrastructure development remains a key challenge for India to support its economic growth.
- Three multinational companies, ShoeCo, CareCo, and MedCo are considering entering the Ethiopian market.
- The document provides background on Ethiopia's economy, market reforms, industries, and business environment.
- It analyzes each company's financial projections, strengths/weaknesses, and recommends the best market entry strategy for each as either a local agent, licensing, joint venture, or subsidiary.
Globalization refers to the increasing integration and interdependence of economies across the world through international trade, investment, and financial capital flows. It involves companies expanding their business operations globally. The key drivers of globalization are international trade, capital flows, technology advancement, communication, and population mobility. As companies become more global in their operations, they typically progress from having a domestic focus to establishing international subsidiaries, and eventually operating as multinational or global firms. Successful globalization requires conditions like business freedom, infrastructure, government support, access to resources, and competitiveness. Potential benefits include increased foreign investment, competition, consumer choice, and innovation. However, challenges include attracting investment, economic inequality, unemployment, increased competition, and barriers
Strategically located at the heart of Asia, Thailand aptly serves investors as a dynamic gateway to a fast growing economic market. Our growing economy, world-class infrastructure, competitive human capital and strong government support, are responsible for our key position as one of the most attractive investment destinations for foreign investors.
A presentation providing an overview of drivers, trends and actions in business sustainability / corporate responsibility in emerging markets: China, India, Brazil and South Africa, and some conclusions.
This document discusses emerging markets and strategies used by emerging giants to gain success on a global scale. It defines emerging markets as economies with high GDP growth and relatively low per capita GDP. Emerging giants like Samsung, Lenovo, and Haier circumvented institutional voids in their home countries and tailored strategies to local markets better than Western multinationals. Key to their success were a focus on quality, design, branding, and adapting quickly to market trends. The document also examines emerging giants in consumption like China and India that will drive future global growth.
How can you do business outside the borders of the United States and how to prepare yourself for it? What country should you choose? The emerging markets are the countries with growth. Everyone should learn Chinese and other observations.
emerging nokia - should they focus on developed or emerging marketsSaurabh Arora
Should Nokia’s growth strategy be to focus on the developed markets, emerging markets or both?
Case Analysis
Handset manufacturer worldwide market share of 38% in 2009
Market leader in emerging markets like India(60%) and China(40%)
Financial performance pre-2008 was exceptional
Known for innovation
Offers products at all price points
Post-2008 started losing ground in developed markets
European market revenue declined by 15% in 2009
Exited the Japanese market after 20 years of operations
Nokia was fifth most valuable brand globally in 2000
Analysis of Emerging Market
Employed the cost leadership strategy: Purchasing power low in emerging markets hence Nokia provided cost effective products successfully.
First time purchasers: Only 20% of the emerging market were not first time purchasers
Services as the key selling point: People of emerging markets wanted value added services bundled with the phone
Analysis of Developed markets
Consumers not very price sensitive
Delivering innovative products more important
57% of the market goes for a second phone, most of the time for an upgrade
Emergence of i-phone, considered as replacement for normal handsets with users looking for upgradation
Growing competition from companies like Samsung, LG, Motorola and Sony Ericson was also making things worse for Nokia.
New Operating System – e.g. – Emergence of OSs like Google’s Android and Microsoft’s Windows mobile further bothered Nokia.
Inability to understand demand – Nokia failed to understand growing demand for touch phones
Why focus on Emerging Markets?
As Nokia has already gained the following benefits by being the first mover, it should strive hard to maintain it’s market share in developing economies. Advantages it has –
Earlier entry, early start of the learning curve. Its crucial and experience is tough to imitate.
Nokia can develop enhanced reputation by being pioneer and using its already established brand image
Absolute cost advantage can be gained by early commitments to supplies of materials and distribution channels….
Recommendations- Emerging Market
Nokia should concentrate on Improved as well as Basic phones as the market is still evolving
Tie up with Telecom players and bring dual sim phones to increase the switching cost
It should follow innovations in developed countries and adapt them to emerging markets in order to stand against competition.
One general strategy should be to outsource the services part as it is not Nokia’s competency and customers are giving more regard to services (Exhibit 6)
Instead of charging customers for Life tools, revenues should be earned from advertisers.
The document discusses opportunities and challenges for businesses entering markets in Eurasia. It provides an overview of the market size and characteristics of countries in the region. Challenges include corruption, administrative barriers, and inconsistent legislation. The U.S. Department of Commerce offers services to help businesses navigate these issues and access trade financing, including international trade experts, assistance resolving trade complaints, and training programs.
This document provides an overview of the automobile industry in India. It discusses that India has a large and growing automobile industry, including major companies like Maruti Suzuki, Hyundai, and Tata Motors. Production of automobiles has increased steadily each year from 2005 to 2010. Exports of passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers have also increased annually. The market size of the Indian automotive industry is projected to reach $122-159 billion by 2016. However, the industry has become more volatile in recent years due to fluctuations in metal and fuel prices.
The document discusses opportunities for US companies exporting to India. It provides an overview of India's strong economic growth, large middle class, and changing policies that make it more attractive for foreign investment. Specific industries like IT, biotechnology, automobiles are highlighted as top sectors in cities such as Bangalore, Chennai, Hyderabad, Mumbai, and New Delhi. The document also lists the Indian government's efforts to improve intellectual property protection and provides resources for US companies to utilize when exporting to India.
- Organised manufacturing is the biggest private sector employer in India, employing over 30 million people. The government aims to achieve 25% GDP share and 100 million new jobs in the sector by 2022.
- India's manufacturing sector has grown significantly in recent years, with the sector's Gross Value Added reaching US$ 390.84 billion in 2017-18. Various initiatives like Make in India aim to make India a global manufacturing hub.
- Key sub-sectors include food products, textiles, chemicals, pharmaceuticals, machinery, transport equipment, and others. Eight core industries like coal, crude oil and electricity have also witnessed growth, with the overall index growing 4.2% in 2017-18.
Multinational corporations have significant economic power and influence on developing countries and their populations. They can affect women's health by employing them in large numbers under certain conditions. Some pharmaceutical multinationals have also acted unethically in developing world contexts, such as testing unapproved drugs on children or pressuring governments over intellectual property. However, multinational investment can also generate jobs and skills training, as well as technology and knowledge transfers to host countries.
Countries compete to increase productivity and living standards, attract investment, and ensure economic stability. India ranks 58th on global competitiveness. The rise of Industry 4.0 focuses on innovation, R&D, and indigenous technology development. Countries also compete in trade through initiatives and emerging markets, as well as protectionism, ease of doing business, tourism, and data localization. New global alliances are forming among world powers like BRICS as globalization evolves.
A research paper prepared by me on the Manufacturing Sector In India. It contains a SWOT analysis and possible outcomes in the future for the industry.
Globalization has led to greater economic integration between countries through increased trade and movement of people, goods, services and capital. Technological advancements in transportation, communication and information technology have enabled this integration by reducing costs and improving connectivity. Multinational corporations have furthered globalization by setting up production facilities in multiple countries to take advantage of cheaper resources and access new markets. While globalization has increased competition and consumer choice, it has also negatively impacted some local producers who struggle to compete.
This document discusses the impacts of globalization on the Indian economy. It begins with defining globalization and providing examples of globalization. It then discusses the major economic crisis India faced in 1991 that led to reforms liberalizing and globalizing the economy. These reforms included privatization, fiscal deficit reduction, and opening to foreign investment. The document notes both positive impacts, such as rapid GDP growth and increased foreign exchange reserves, as well as threats, such as increased rural poverty and job instability. It concludes by stating that while globalization provides opportunities, India must manage threats and not rely on it as a solution to all problems.
The Indian cement industry has grown significantly over the past decade, outperforming other major economies. It is now the second largest cement producer in the world, growing at a faster rate than China's cement industry. Key drivers of growth have been increased infrastructure development, housing sector growth, and industrial projects. The government is investing over $500 billion in infrastructure projects over the next five years, which will further drive cement demand.
Globalization has increased economic interdependence between countries through rising international trade, financial flows, and cultural exchange. In India, globalization has led to both benefits and challenges. It has increased foreign investment and access to technology, but has also resulted in job losses as companies shift production to lower-cost countries. India has pursued economic liberalization policies since the 1990s, leading to strong GDP growth, but growing inequality as well. Key exports include gems, textiles, engineering goods, and oil, while major imports are machinery, oil, and coal. Foreign exchange reserves have risen sharply since the 1990s to over $300 billion.
The document discusses why India should be a part of the process of globalization. It notes that prior to 1991, India followed an import substitution policy to be self-reliant, but this policy did not achieve expected growth rates or improve human development. India then searched for other options to open its economy and integrate with the global economy through globalization. Reasons given for why India should liberalize include being better equipped to improve government performance, attracting long-term foreign investment to fund development plans, and expanding job opportunities to reduce poverty. The example is given of South Korea and ASEAN countries that practiced free trade, aimed for global competitiveness, and have since progressed and developed into major global economies.
Gujarat has experienced strong economic growth, with annual growth averaging 9% in the last 3 years. It accounts for 16% of India's industrial production despite having only 5% of the population. Key industries include petrochemicals, automotive, engineering, textiles, and chemicals. The state has developed infrastructure like ports, roads, and industrial parks to support business. There are opportunities for Japanese companies in sectors like infrastructure, IT, engineering, chemicals, and healthcare.
Kingston Smith Asia Pacific Conference Mumbai 25 May 2010Bhuta Shah & Co.
This is the keynote presentation at the Kingston Smith Asia Pacific Conference held on 25 May 2010 at J.W. Mariott Mumbai by Shailesh Bhuta Founder and Managing Partner of Bhuta Shah & Co.
India and China have different economic systems and development approaches. China has a state-controlled economy with extensive government intervention, while India has a more open economy with less government control. China's economy has focused on manufacturing and exports, while India's economy emphasizes services. However, India is expected to see higher GDP growth rates in the coming years due to its demographic dividend of a younger population and growing domestic consumer market. Infrastructure development remains a key challenge for India to support its economic growth.
- Three multinational companies, ShoeCo, CareCo, and MedCo are considering entering the Ethiopian market.
- The document provides background on Ethiopia's economy, market reforms, industries, and business environment.
- It analyzes each company's financial projections, strengths/weaknesses, and recommends the best market entry strategy for each as either a local agent, licensing, joint venture, or subsidiary.
Globalization refers to the increasing integration and interdependence of economies across the world through international trade, investment, and financial capital flows. It involves companies expanding their business operations globally. The key drivers of globalization are international trade, capital flows, technology advancement, communication, and population mobility. As companies become more global in their operations, they typically progress from having a domestic focus to establishing international subsidiaries, and eventually operating as multinational or global firms. Successful globalization requires conditions like business freedom, infrastructure, government support, access to resources, and competitiveness. Potential benefits include increased foreign investment, competition, consumer choice, and innovation. However, challenges include attracting investment, economic inequality, unemployment, increased competition, and barriers
Strategically located at the heart of Asia, Thailand aptly serves investors as a dynamic gateway to a fast growing economic market. Our growing economy, world-class infrastructure, competitive human capital and strong government support, are responsible for our key position as one of the most attractive investment destinations for foreign investors.
A presentation providing an overview of drivers, trends and actions in business sustainability / corporate responsibility in emerging markets: China, India, Brazil and South Africa, and some conclusions.
This document discusses emerging markets and strategies used by emerging giants to gain success on a global scale. It defines emerging markets as economies with high GDP growth and relatively low per capita GDP. Emerging giants like Samsung, Lenovo, and Haier circumvented institutional voids in their home countries and tailored strategies to local markets better than Western multinationals. Key to their success were a focus on quality, design, branding, and adapting quickly to market trends. The document also examines emerging giants in consumption like China and India that will drive future global growth.
How can you do business outside the borders of the United States and how to prepare yourself for it? What country should you choose? The emerging markets are the countries with growth. Everyone should learn Chinese and other observations.
emerging nokia - should they focus on developed or emerging marketsSaurabh Arora
Should Nokia’s growth strategy be to focus on the developed markets, emerging markets or both?
Case Analysis
Handset manufacturer worldwide market share of 38% in 2009
Market leader in emerging markets like India(60%) and China(40%)
Financial performance pre-2008 was exceptional
Known for innovation
Offers products at all price points
Post-2008 started losing ground in developed markets
European market revenue declined by 15% in 2009
Exited the Japanese market after 20 years of operations
Nokia was fifth most valuable brand globally in 2000
Analysis of Emerging Market
Employed the cost leadership strategy: Purchasing power low in emerging markets hence Nokia provided cost effective products successfully.
First time purchasers: Only 20% of the emerging market were not first time purchasers
Services as the key selling point: People of emerging markets wanted value added services bundled with the phone
Analysis of Developed markets
Consumers not very price sensitive
Delivering innovative products more important
57% of the market goes for a second phone, most of the time for an upgrade
Emergence of i-phone, considered as replacement for normal handsets with users looking for upgradation
Growing competition from companies like Samsung, LG, Motorola and Sony Ericson was also making things worse for Nokia.
New Operating System – e.g. – Emergence of OSs like Google’s Android and Microsoft’s Windows mobile further bothered Nokia.
Inability to understand demand – Nokia failed to understand growing demand for touch phones
Why focus on Emerging Markets?
As Nokia has already gained the following benefits by being the first mover, it should strive hard to maintain it’s market share in developing economies. Advantages it has –
Earlier entry, early start of the learning curve. Its crucial and experience is tough to imitate.
Nokia can develop enhanced reputation by being pioneer and using its already established brand image
Absolute cost advantage can be gained by early commitments to supplies of materials and distribution channels….
Recommendations- Emerging Market
Nokia should concentrate on Improved as well as Basic phones as the market is still evolving
Tie up with Telecom players and bring dual sim phones to increase the switching cost
It should follow innovations in developed countries and adapt them to emerging markets in order to stand against competition.
One general strategy should be to outsource the services part as it is not Nokia’s competency and customers are giving more regard to services (Exhibit 6)
Instead of charging customers for Life tools, revenues should be earned from advertisers.
Increased investments in agricultural R&D could have significant benefits according to a global model. Doubling investments in agricultural R&D by national programs and CGIAR by 2020 was modeled. This led to higher crop yields, lower food prices, increased production, food consumption and improvements in food security indicators by 2030 compared to the baseline. The number of malnourished children and population at risk of hunger declined by around 25% globally due to increased agricultural R&D investments.
Record global harvests in 2013/14 have pushed down prices for cereals like maize and wheat. However, uncertainty in Ukraine has led to temporary price rises for these crops. While prices have been high and volatile since 2008, it now seems the markets may be reaching a new equilibrium as major drivers of change stabilize. Production responses to high prices, especially in developing countries, have accelerated world supply. If stability continues, proposals for radical market interventions may not be needed.
Al-Khouri, A.M. (2011) 'Emerging Markets in Digital World', Summit on Information and Network Security for Emerging Markets, September 20-21, Helsinki, Finland.
1. The document analyzes self-reported data on food insecurity from the Gallup World Poll during the 2007-2008 global food crisis, finding that contrary to simulations, food insecurity may have actually decreased rather than increased.
2. Regressing changes in food insecurity on economic growth and food inflation shows that both had expected impacts on insecurity, suggesting self-reported trends are plausible.
3. Analysis of trends in 70 low-income countries from 2005-2009 also finds decreases in reported food insecurity, likely driven by strong growth in large countries like China and India offsetting limited food price rises.
The document summarizes the effects of the global economic crisis on the global food system and human development. As food prices rise and aid decreases, more people are unable to access adequate food, leading to increased malnutrition, especially in young children. This malnutrition can cause long-term effects like poor physical and mental development as well as decreased educational and economic outcomes, which may increase global poverty in the future as more unskilled adults enter the labor market.
- Asia accounts for over 50% of global rice consumption, with China and India alone consuming over half. Several Southeast Asian countries like Vietnam and Bangladesh also consume large amounts.
- Per capita consumption is highest in Southeast Asia, parts of Africa, and South America. Several countries in these regions consume over 100kg per person per year. Brunei has the highest rate at over 245kg per person per year.
- While Asia has always been a major consumer, global rice consumption outside of Asia has more than doubled in the last 50 years. Changing consumption patterns present new challenges and opportunities for rice production worldwide.
A presentation from the 13th Poverty Environment Partnership meeting held in Manila, Philippines, June 2008.
Download this presentation and more from the meeting here: http://www.povertyenvironment.net/pep13
The document discusses the economy and monetary policy of Russia. It provides economic indicators for Russia from 2010-2014, showing GDP growth slowing after 2011. It outlines the monetary policy framework and highlights four stages of monetary policy in Russia from 2000-2015: 1) rapid money growth and reserves until 2008, 2) crisis response 2008-2009 with GDP decline and currency devaluation, 3) partial return to previous policies from 2010-2011, and 4) inflation targeting and changes due to external instability from 2012 onward. Charts show trends in monetary indicators, interest rates, inflation, and trade balances over this period.
Inflation is bad for several reasons:
1) For every 1% increase in food prices, an additional 16 million people are threatened with hunger according to a World Bank report.
2) When prices rise, some sections of society gain while others lose. In India, the vast majority of workers do not receive wages indexed to inflation so their wages do not keep pace.
3) The government claims higher prices were inevitable but its mismanagement, mistakes ignoring agriculture, failure to check profiteering, and other policies have contributed to inflation problems in India. Reforms are needed to address the issues.
International business opportunities in India are growing, with an annual growth rate over 7%. India has a large skilled workforce and a growing middle class, making it attractive for business. However, strategies must be tailored to India's diverse regions which have different cultural strengths - for example, the east is known for intellectuals while the south focuses on technology. Top sectors for international business in India include IT, telecom, pharmaceuticals, and infrastructure, though India still faces challenges of poverty and uneven development between urban and rural areas.
The Reserve Bank of India uses various monetary policy instruments to achieve its objectives of price stability and economic growth. These include varying reserve ratios like the cash reserve ratio, using open market operations to purchase and sell government securities, and adjusting policy rates like the discount rate. The ultimate goals of monetary policy are to influence total spending, inflation, and other macroeconomic indicators through acting on monetary aggregates and interest rates. In recent decades, the RBI's monetary policy has focused on stabilizing inflation and liberalizing the economy.
Monetary policy involves regulating money supply and interest rates to achieve macroeconomic stability goals like low inflation and unemployment. The central bank determines monetary policy using tools that expand or contract the money supply. Expanding money supply and lowering rates stimulates demand during recessions, while contracting money and raising rates curbs demand to control inflation. Measuring indicators like money supply, inflation rates, and interest rates helps central banks determine appropriate monetary policy decisions.
India is a major exporter and importer of roses. In 2010-2011, India exported around 2 billion rupees worth of roses, a 20% increase from the previous year. The main export markets were Japan, Australia, and the Middle East. Imports of roses in 2010-2011 were around 0.09 million rupees, primarily coming from Ethiopia. The document provides detailed trade statistics on rose exports and imports by country and discusses production areas and varieties in India.
This document provides an introduction to economics concepts related to international trade, including imports, exports, and balance of trade. It then discusses India's major export and import goods/partners and schemes to promote exports like EPCG. In conclusion, it notes that India has one of the fastest growing economies and its share of global trade has been increasing, with foreign trade representing over 24% of GDP in 2010.
The document provides historical economic data on India's GDP as a percentage of China's GDP from 1525-1950 CE during the Mughal Empire. It notes that in the early 16th century India's GDP was 40-50% of China's, reaching a peak of 90% in 1650-1675 CE under Emperor Shah Jahan before declining to 7% of the US by 1925-1950 as British rule took hold. It also lists annual government revenue amounts for several Mughal emperors.
India has a population of over 1.17 billion people and is projected to become the most populous country by 2034. It has a large youth population and growing middle class. While India's economy has grown at an average of 6.3% over the last decade, making it one of the fastest growing in the world, it still faces challenges of corruption, outdated labor laws, and insufficient infrastructure development.
global perspectives(mgmt-(8110)SEC-7(SEM-2019’FALL’)ASSIGNMENT.docxshericehewat
global perspectives(mgmt-(8110)SEC-7(SEM-2019’FALL’)
ASSIGNMENT-Research Essay
Research topic-EMERGING MARKET IN INDIA
Thesis statement - “My research paper will focus upon different aspects of Emerging market as well as its impact on Indian economy. “As proposed in essay proposal I will first focus on the concept of Emerging markets and how they are having an impact on global businesses.
· What is Emerging Market?
= After a proper research I figured that emerging markets concept reside in developing countries. Wherein these emerging or underdeveloped economies are making a shift from their traditional economies which was originally residing on resource based industries like agriculture, oil or export of raw materials. These economies are growing at a very fast pace to more productive capacities where they are attracting foreign capital and are rapidly industrializing. Critically, they are moving to free/ mixed economies and are becoming more integrated with the global economy with its increase in trade volume, increase in liquidity, equity market. Not only this, they are also focusing on improved infrastructure: as at present they do not have such robust infrastructure to support fast-paced growth. Some other general indicators are high growth rate, competitiveness, high ROI with high risk rate, unified currency and stocks, low-to-middle per capita income and are some social instability. (Sraders, 2018) (Chappelow, 2019) (Amadeo, 2019)
Some of the characteristics of emerging markets are given below: -
1)Low to middle average per capita Income-Emerging markets have low to middle average per capita income depicting low living standards and a lot of scope for improvement. Unemployment usually in these economies is more and more and more people are deployed on single task, thus, resulting in lower wages for the workforce.
2)High potential for growth-These economies has high potential for growth, their market requires lot of capital investment. These market owing to their scope for high growth attract more of foreign investment. These economies provide higher-than-average returns for investors.
3)High volatility- These economies are highly volatile, they are very much subjected and vulnerable to social, political and economical changes. As these economies are very much reliant on agriculture and resource based they can be severely impacted by natural disaster, external price shocks and domestic policy instability leading a groundwork for future development.
4)Currency Swings- Emerging markets face more volatile to currency swings in comparison to U.S dollar that’s because they do not have enough power to influence such movements. These fluctuations also result in commodities swing as of oil and food.
5)High growth rate associated with High risk- These economies owing to huge potential are growing fast and are rapidly industrializing resulting in higher growth rate even in comparison to some of the developed economies. For e.g.: -growth rate in ...
This document compares the economies of India and China over the past 50 years since they were both among the poorest countries. It outlines key differences in their political systems, growth rates, areas of specialization, and economic indicators. China adopted economic reforms earlier in 1978 and has grown faster at 9.5% annually compared to India's 6% growth. While China dominates manufacturing, India is rising in services. Both countries continue facing challenges to transitioning their economies and maintaining growth.
This document provides an overview of the pharmaceutical industry in India and discusses India's emergence as a global economic power. It notes that India has one of the fastest growing economies and populations in the world. The pharmaceutical industry and private sector have contributed significantly to India's economic growth. However, issues like corruption, poverty, and lack of infrastructure still pose major challenges to India realizing its full potential as a superpower. Partnerships between pharmaceutical and biotech companies are seen as important to further growth.
The document provides an overview of investment opportunities in key Indian industries, including automotive, heavy engineering, power equipment, textiles, electronics, and pharmaceuticals. It notes that India has a fast growing economy and trade between India and China has increased significantly in recent years. The industries discussed have huge growth potential due to factors like large domestic demand, low production costs, skilled workforce, and government initiatives and investments planned in areas like infrastructure and manufacturing.
A brief introduction to International trade and GVCs. Followed by a critical analysis of India's participation in global trade and
GVCs and the steps that can be taken to improve it.
The Indian economy has transitioned from being primarily agriculture-based to an economy with large industries and services sectors. While India has experienced significant growth in recent decades, issues remain such as poverty, unemployment, and economic inequality. The recession has brought new challenges for India's economy in spreading growth equitably, completing important projects, and dealing with financial uncertainty from global capital flows and exports.
The document discusses globalization and its impact on the Indian economy. It notes that globalization has led to new trade and production patterns in India, with developing countries like India now able to produce finished goods rather than just exporting raw materials. It also discusses India's growing economy, with rising GDP, exports, FDI inflows, and per capita income. However, it notes India still faces challenges of unemployment and balancing economic growth with political demands.
The document provides an overview of India's economic growth and business opportunities. It discusses how India has transformed from a mixed economy after independence in 1947 to becoming one of the fastest growing free market democracies today. Several statistics are presented showing India's strong GDP growth, increasing foreign investments and exports, and potential to become the third largest economy globally by 2032. Various Indian and international companies that have found success leveraging opportunities in India are highlighted.
The Indian cement industry has grown significantly over the past decade, outperforming other countries and becoming the second largest producer worldwide after China. Cement demand in India has increased at around 8% annually, faster than GDP growth, driven primarily by growth in infrastructure, housing, and industrial construction. Looking forward, continued government investment in infrastructure and expansion of sectors like real estate, ports, and IT are expected to further increase cement demand in India.
This document summarizes a debate on bikini waxing among successful Indian women. Some physicians argue that bikini waxing increases health risks by irritating hair follicles and leaving micro-wounds that can harbor infections. However, others believe women should have the choice regarding their own bodies. The debate touches on issues of women's empowerment, health risks, and social/cultural norms.
This document provides an overview of India's economy and society. It notes that India is the largest democracy, has a long history and diverse population, and is now the 4th largest economy in the world. India has experienced high economic growth in recent decades, driven by domestic consumption, services, and a large private sector. This growth has lifted many out of poverty and created a large middle class. However, infrastructure and other issues remain as India continues developing as a global economic power.
The document discusses the development of various industries in India including manufacturing, gems and jewelry, auto components, aerospace, automobiles, capital goods, chemicals, and others. It notes that manufacturing contributes 15% of India's GDP and employs over 58 million people. The gems and jewelry industry is one of the fastest growing segments and India is the largest consumer of gold in the world. The auto components industry has emerged as a supplier to global automakers. India is also poised to become a large aircraft market. The chemicals industry is poised for explosive growth in the coming years.
China and India have experienced rapid economic growth over the past 50 years, transforming from among the poorest countries to economic giants. While China's economy has a centrally planned system and suppressed private business historically, it now encourages foreign investment and small businesses. India has a market-based system and sees foreign trade and investment as integral to its economy. Both countries are known for low-cost consumer goods, call centers, and computer engineers. Their economies have grown significantly in recent decades, with China's growth averaging around 8% annually and driven largely by manufacturing, while India's services sector contributes over half its GDP and it has the world's second largest labor force.
# 109425 Cust Pearson Au Deresky Pg. No. 3 Title Int.docxmayank272369
# 109425 Cust: Pearson Au: Deresky Pg. No. 3
Title: International Management: Managing Across Borders and
Cultures, Text and Cases, Server:
C/M/Y/K
Short / Normal
DESIGN SERVICES OF
S4carliSle
Publishing Services
was debatable whether M&M would be able to sustain a diverse
product portfolio at the global level. They questioned whether
M&M could be successful in the overseas markets, particularly
the U.S., given that it was an emerging-market company.
“EmErging-markEt” CompaniEs—
Changing global businEss sCEnario
Based on their economies, the countries of the world have been
categorized as developed and developing. While the developed
economies include various countries in Western Europe, the U.S.,
Canada, and Japan, the developing economies include Argentina,
Brazil, Chile, China, Egypt, Hungary, India, Indonesia, Malaysia,
Mexico, Poland, Russia, Thailand, and Turkey. The group of Brazil,
Russia, India, China, Mexico, and South Korea are commonly re-
ferred to as the Big Six (“B6”) by global management consulting
firm Accenture, as they are the leading developing economies.
Earlier, owing to their low-cost structures, the developing
economies served as mere outsourcing locations for the Multi-
National Companies (MNCs) of the West. However, the changing
global economic scenario had brought down trade and investment
barriers and integrated global supply chains, thereby paving the
way for the development of emerging markets. Some of the de-
veloping countries were witnessing rapid growth and thus the no-
menclature Rapidly Developing Economies (RDEs) was assigned
to them. The term “Rapidly Developing Economies” was used to
denote emerging markets such as China, India, Mexico, Brazil,
Russia, South Africa, Poland, Indonesia, Turkey, and South Korea.
Moreover, the importance of the emerging markets to the global
economy came into sharp focus as the world came out of the global
economic recession. Experts said that the importance of emerging
economies to world trade had been steadily increasing. Between
1990 and 2010, the annual growth rate of exports and imports from
emerging and developing economies averaged around 7.5% com-
pared to the figure of around 5% for developed economies.4
It was reported that the share of the RDEs in global trade
was growing significantly. Notably, RDEs were receiving high
Foreign Direct Investments (FDI). Between 2001 and 2006,
the growth rate of outward FDI (OFDI) from the B6 countries
in the form of Mergers & Acquisitions (M&A) was more than
50% annually.5 By 2006, the FDI outflows from the developing
economies stood at US$174 billion, equivalent to 14% of the
“I have been on record to say that my philosophy of going global is because if you don’t succeed abroad
or don’t have the capacity to succeed abroad and to carve out some turf abroad you are not going
to be safe at home [. . .]. If you want to compete with multinationals you have to ...
The document discusses international business opportunities in India. It notes that India has high-skilled labor and a growing middle class, making it attractive for business. However, a uniform strategy is not advisable due to cultural diversity across regions. Several sectors like IT, pharmaceuticals, and infrastructure have potential. Bodies like CII and FICCI help foster international ties and make policy recommendations. Overall, international business in India is growing significantly and future prospects are positive.
The top 7 most profitable businesses in India are ecommerce, retail and wholesale trade, IT and IT services, textiles, real estate, agriculture, and tourism. Ecommerce is the fastest growing sector and is expected to reach $33 billion this year, while retail accounts for 14-15% of India's GDP. The IT sector has expanded twice as fast as the US IT industry and includes major firms like Tata, Infosys, and Wipro. Textiles have generated over 50 million jobs, and agriculture is the largest global producer of crops like pulses and spices. Real estate is forecast to be a $10 billion industry by 2020, while tourism could make India a top 5 travel market by 2030.
The document provides an overview of the manufacturing sector in India. It discusses that the sector is a major employer in India and the government aims to achieve 25% GDP contribution and 100 million new jobs from manufacturing by 2022. The sector has potential to become a global hub due to factors like large workforce, government initiatives and investments. Exports of manufactured goods have grown and the sector recorded positive growth in production levels and purchasing managers' index.
This document discusses globalization and its impact on India. It begins by defining globalization and noting how advances in transportation and technology have contributed to increased global integration. It then outlines how globalization has created new opportunities for developing countries like India through greater market access and technology transfer. The document further analyzes India's economic growth and performance since initiating globalization reforms in the 1990s, and discusses both the benefits and challenges of globalization for India. It concludes by stating that while India is progressing rapidly due to globalization, challenges around rural poverty, corruption, and political instability remain.
The document provides an overview of the manufacturing sector in India. It discusses that the manufacturing sector is a major employer in India and the government aims to achieve 25% GDP share and 100 million new jobs in the sector by 2022. It also highlights that India has advantages such as a large domestic market, favorable demographics, and government initiatives to make India a global manufacturing hub. The sector has been growing with the gross value added increasing at a CAGR of 8.95% between FY16-FY18 and various sub-sectors contributing to its growth.
Similar to Why do experts say india is an emerging (20)
2. EMERGING MARKETS The term “Emerging Markets" was coined by World Bank Economist Antoine van Agtmaeland dates back to 1981. According to Chuan Li of University of Iowa's Center for International Finance and Development, "Emerging Markets are countries that are restructuring their economies along market-oriented lines and offer a wealth of opportunities in trade, technology transfers, and foreign direct investment. Political scientist Ian Bremmerdefines emerging market as "a country where politics matters at least as much as economics to the markets". In recent years, new terms have emerged to describe the largest developing countries such as BRIC that stands for Brazil, Russia, India, and China. By 2050, the combined economies of the BRICs could eclipse the combined economies of the current richest countries of the world. These countries encompass over 25% of the world's land coverage, 40% of the world's population and hold a combined GDP of 15.435 trillion dollars. These 4 countries are among the biggest and fastest growing Emerging Markets. Source : The Economist
3. CHARACTERISTICS OF EMERGING MARKETS Firstly They are regional economic powerhouses with large populations, large resource bases, and large markets. Their economic success will spur development in the countries around them; but if they experience an economic crisis, they can bring their neighbours down with them. Secondly They are transitional societies that are undertaking domestic economic and political reforms. Thirdly They are the world's fastest growing economies, contributing to a great deal of the world's explosive growth of trade. By 2020, the five biggest emerging markets' share of world output will double to 16.1 % from 7.8 % in 1992. They will also become more significant buyers of goods and services than industrialized countries. Fourth They are critical participants in the world's major political, economic, and social affairs. They are seeking a larger voice in international politics and a bigger slice of the global economic pie. Source : Portfolio Management 2008 - presentation
14. 3rd largest standing army force, over 1.5Million strong.
15. 2nd largest pool of scientists and engineers in the World.
16. Before 1991: Semi- socialist approach - strict government control over private sector participation, foreign trade and foreign direct investment.
17. Since 1991: India has gradually opened up its markets through economic reforms and reduced government controls on foreign trade and investment.
18. Privatization of publicly owned companies and the opening of certain sectors to private and foreign participation has continued amid political debate.
26. Annual revenue amounted to US$50 billion in 2009 and this is expected to increase to US$225 billion by 2020. Source : ^ "Top 50 Emerging Global Outsourcing Cities". www.itida.gov.eg. Retrieved 2010-07-22
27. INDIAN PHARMACEUTICAL SECTOR The Indian Pharmaceutical industry is about US$25 billion. India occupies a significant position in the world pharmacy market 8% by volume (fourth largest in the world) and 1% by value. The pharmacy industry exports over US$6 billion. It ranks 17th in terms of export value. India accounts for 22% of the global generics market. India is an attractive global sourcing destination for pharmaceuticals: Availability of low-cost, high-quality production and regulatory compliance. Low cost of research and world-class testing facilities. Cost of a research scientist in India is only about 1/6th to 1/4th of that in USA. Many international biotech companies like Chiron Corp, GSK and Sigma Aldrich Corp have expressed interest, especially in Bio-manufacturing. The Indian Pharmaceutical industry is expected to increase to US$225 billion by 2020. Source :http://www.bestphpframeworks.com/indian-pharma-industry-riding-the-barometer-of-success.html