Spotlight
on India
The Emergence of India
Prof. Ramakrishna Velamuri, who leads IESE’s
new executive education program “Inside India,” and
Marc Sosna provide insights and surprising facts about India -
a country with a skyrocketing number of well-trained IT workers
and a new sense of optimism. To be held in 2006, the week-long
"Inside India" program will take place in Mumbai and
Hyderabad.
Executive Summary
In this article, the authors discuss a few of the opportunities
and pitfalls that companies experience in India. India offers
substantial benefits in terms of human capital, including strong
technical, scientific and management skills. The country is also
emerging as a prime manufacturing and resourcing location. A stable
democracy, a large English-speaking population and incentives
for foreign investors have also served as magnets for attracting
leading companies.
Nevertheless, companies need to be well-prepared and take a long-term
view of the project. The first few years should be spent learning
the new terrain, finding the right partner and recruiting effective
local managers.
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