Their Oyster, with Grit Included; Inbound and Outbound Deals  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8756 (Oct. 2011), page 11-16.
Topik: Entrepreneurs; Business Conditions; Cross Border Transactions; Economic Development; Multinational Corporations
Fulltext: Their oyster, with grit included.pdf (38.46KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.68 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

When it comes to trade, India is still not as open as China. Exports, and not just software and outsourcing, are however growing fast and there are signs that India is gaining traction as a manufacturing centre. Most Indian firms are making their mark not by trying to be the workshop of the world, but by aspiring to be multinationals: active, in control and physically present in lots of countries, doing everything from development and manufacturing to branding and distribution. They are doing all this far earlier than firms in other emerging countries would dare. Indian bosses, a sophisticated and worldly bunch, have a huge cultural head start. They are sometimes said to have other advantages, too; Indian firms can handle diverse workforces, for example, since they already do at home. The most breathless strain of this argument is that if you can make money in India you can make it anywhere. Indian firms also face formidable disadvantages. One is their size: they are middleweights by international standards. Their fiddly holding chains make it hard for them to pay for things by issuing shares, and their cashflows can be thinly spread across many subsidiaries. Raising debt in India to buy things abroad is expensive, with base interest rates approaching 9%, and difficult because the central bank frowns upon it. Indian firms raising funds abroad are hobbled by the country's poor credit rating.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali