How Indian conglomerates should operate in Foreign countries?

I mean hiring locals would be the best possible solution for anyone who is operating in a new place, it would be better if someone who is handling the company knows everything about the local market  and who are their competitors and what needs to be done and will be in a better position to handle most of the things, I have seen many times an Indian company always looks to hire Indians for the top positions, but then if he has no prior knowledge of how things run in the local market, it will be even difficult for him to handle things though he was doing the same thing in India, so hiring locals for junior and mid-level positions, and it will do more better if the main operations are headed by a Foreign national. so Hiring the locals would be the right move for Indian companies operating in foreign countries.

I would suggest to Indian conglomerates to study first the local culture to identify which cultural values are similar and which ones are different (even opposite), in order to find ways to strength the similar values and reduce the distance between the different ones.

For a Matter of fact, it is very Important for any Conglomerate to Respect, Understand & Abide to the Local Cultures. Since, these Cultures are Lifestyles are the Core Values of the Regional talent.

Its a free economy so corporates can set up offices in foreign land,The venture may ofcourse showcase India providing jobs to Americans,but how about India depriving jobs for Indians. Also will it not arrest the in flow of foreign exchange into our country.I have my doubts if TCS & Infosey's,will be able to break even,Effective outsourcing is all about reducing cost....but can we beat American wage laws. All said I think it is one political step to defend Obama's toasting for an indispensable India. 

hello

As you already said they are in the international market and moving too,…why? Because they have the ability to stand in the international market and ability can’t be measured only in one thing. Depending upon the International market, business needs, customer requirements and by managing the law & situations they are coming out with the +ve response.

It cannot be operate by a political view or by local people it can be operate by the fulfillment of the need and how smoothly/satisfactorily it will be delivered.

I think that the depressed international market and strong domestic growth presents an unique opportunity to Indian Conglomerates to acquire key longterm assets abroad.

Many Indian companies when work in foreign, they try to copy the foreign companies.This should not happen.If we can be successful in India then it doesn't mean we will be successful in any other country but it also doesn't mean we will be fail there.There can be many factors for this but one might be ' try not to match others but try to develop own identity'.