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IIMB vista 2010-11

 

India's Increasing world clout....

Created by : Puja Sarkar, Software Developer , Softpal Technologies Pvt Ltd  | 09 27 2010 11:10:35 +0000
Industry : AutomobileFunctional Area : Growth(Strategy & Execution)
Keywords : infosys globalization indian companies ratan tata tata motors ssangyong mahindra and mahindra india rising tata. m&m jaguar & land rover
Activity:  383 views;  last activity : 10 28 2010 10:15:17 +0000

Today few things have come full circle, I mean there were days, when a foreign company would buy an Indian company to enter into the market, but today its the other way around where Indian companies are buying companies in the west and are entering into a Global market. Companies like Tata which bought Jagua & Land rover the Iconic car company and then M&M which recently bought ssangyong, In a way India is increasing its Global presence and are making a huge impact, Infact we can say the rise of east over west.......What do you think people, with these can we easily say the Rise of east over west is happening??

  
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Yes, it is happening, and it will happen, we can see how Asian countries are performing lately, and India pretty much did not get affected in the recent recession which affected all the nations...India mainly survived, because there is a huge domestic market, so we do not depend too much on the global market for revenue, and also China is in the same mode, so with so many buyouts and so many Indians holding top positions in companies, we can easily say the rise of east over west is happening, and pretty soon, Asian countries will have a stronger say in how the world functions, as the super power shift will happen from west to east...
By Puja Sarkar, Software Developer , Softpal Technologies Pvt Ltd  09 27 2010 11:10:35 +0000
 
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i agree with u Mr. Mishra.
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 10 28 2010 10:15:17 +0000
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Actually, I found this topic should come in early 2009. Now its late to argue on this topic. We already had a space in western market but now a days many of the indian companies had grabbed the attention worldwide.
By Anand Sharma, Monitoring the research funded by DIT, Department of Information Technology  | 10 28 2010 10:11:58 +0000
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i am gyan prakash, i belong to deoria.so i am reading this meerut in present time.
By GYAN PRAKASH, BCA student, ccsunivercity merrut  | 10 05 2010 06:03:08 +0000
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Hi Puja,

Greeting!!!

Yes, Now a days east to west is happening but the big picture only in IT and construction.

Regards

Ravi Shankar
By RAVI SHANKAR, Asst. Manager- Presales/Bid Mgmt., Trimax IT Infrastructure & Services Ltd.  | 10 05 2010 05:39:20 +0000
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Hi Amrita,

 Do you know why I am opposing your view in place of supporting idea.

Just see your comment " India's market is not that sustainable, we depend too much on the domestic market"

First of all other than IT sector how many sectors are growing on international market???

You might know that India has largest population after China. Doesn't this mean that we have 2nd largest consumer base. How can anybody say that Indian market is not sustainable?

Look at Indian companies like Tata Tea, Hero Honda, Maruti they are big companies not by selling it to international market.

 

Second point you raised about GDP.

You must see that Avg. GDP growth of Indian agriculture sector is 3%, If all other sectors like IT, Manufacturing & many more considered to be at 3 % then also our growth will be higher than USA of 2% including all. Other than agriculture rest of the sectors use to grow @ 15-16 % then our avg. comes to 8-9 %. If all outsourcing is closed then also we will grow @ 5.5%. 

 

I do agree that in front of China's growth our growth is nothing. But you must be agree with me that India is 2nd fastest growing country in the world. At present we are in top 10 powerful country, earlier we were nowhere. If we will continue growing @ this rate then also we are going to become top 5 powerful country in the world in coming 8-9 years.

Puja nice topic & nice view.
By Mani Kant Mishra, SBU/Profit Center Head, FOR CLOSEED GROUP  | 09 28 2010 07:53:45 +0000
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Yes we are but we are far behind china and so we need not be happy about it. our per capita income is way too less even to compare ourselves with china
By Shridhar Chandru, Business Developement Manager, ERP Consulting Company  | 09 27 2010 18:43:02 +0000
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China and India are poised to become two of the biggest economies in the world. With a huge population base, both the countries are also the biggest markets in the world for all types of products/services, apart from the developed economies.

Thus, the tilt toward the East will happen over a period of time.....
By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 09 27 2010 18:02:03 +0000
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Hi Puja a nice Argue i agree with ur pointsKeep in touch base like this Argument
By T.Ramakrishnan , Engineer , AGC Networls  | 09 27 2010 12:25:50 +0000
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India has clout only in IT and itness.
By neha singh, Content Editor, Avestia Corp  | 09 27 2010 12:22:15 +0000
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it is good but we are very far from success our main aim to provide better services and employment to other in each and every people but we are very far from them
By tarun_yaduvanshi , B.Tech/B.E. student, arya college  | 09 28 2010 17:13:12 +0000
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I dont think we can say that we are seeing the rise of east over west, its just China which is doing really good, I agree India is also not far behind here, but, India's market is not that sustainable, we depend too much on the domestic market and Global market lately are having apprehensions about outsourcing deals and we never know when they can cut down on it, and if that happens our GDP will get hampered, and India as a country is growing without direction, China is in a much better state and can take on the mantle of Super power very soon, and we can't just say the rise of east over west is happening at the moment....
By Amrita , Animation/Graphic Artist, Creative design  | 09 28 2010 06:56:51 +0000
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