Building Sustainable Indian Multinationals: An Agenda For Action
Building Sustainable Indian Multinationals: An Agenda For Action
Vinay Mehta
Md. Sajid
1
The Rs 1,870 crore Tetley acquisition by Tata Tea changed the psychology of the Indian Corporate World Yes we can Provided momentum post 1999-2000 The strength of Indian MNCs now goes beyond the IT/ITeS sector, with big ticket outbound deals being seen in the area of energy, metals & ores, telecom, pharmaceuticals amongst others.
POLICIES
The struggle to advance human well-being in developing nations is on a collision course with growing efforts to protect the global environment. Permit industrial, agricultural, and other developments. Fostering the design of new energy, transport, and water supply systems for minimal environmental impact.
MOTIVATIONS
Market seeking, Airtel Zain Manufacturing efficiency Hindalco - Novelis Competence enhancement IT/ TCS Phoenix (insurance), eServe (transaction processing); Pharma Tatas acquisition of Corus Steel: gained access to new markets, acquired a large number of US patents to deepen their knowledge base Also firms with their traditional strength in Indian-based operations, such as IT services firms, have acquired foreign subsidiaries for service delivery (not just sales offices).
Technology / Innovation
Implications for future strategy
Talent
Brand Intellectual Capital Proprietary Networks
Then
In a knowledge based economy, high quality talent can change the context. The differential value of high quality talent continues to mount.
Now
TRENDS
Rush for natural resources Building global brands Building reliable partnerships
GLOCALISATION
Environment