Study of Global Competitiveness of Indian and Chinese


Book Description

Automobile industry of any country is considered to be an indicator of its economic situation. This is due to the fact that mobility is one of the prime requirements of mankind. The same applies to Indian Automobile Industry also. Its performance can be correlated to the health of the economy. In the past three years when the economy grew well above 8%, the industry moved ahead at a fast clip [growth rate of 20% in year 2004 05]. All this could be attributed to the good economic scenario, favorable Govt. policies and leverage of the tremendous potential by car makers in India. Even in the present economic scenario when we are witnessing unprecedented global economic meltdown, Indian Automobile Industry is still expected to report positive growth. The entire supply chain consisting of raw material suppliers, logistic providers, components makers and system suppliers, provides a large number and quantity of parts to the car makers typically on Just-In-Time basis. The current scenario clearly suggests that there is a tremendous potential of becoming a global player for the auto component companies based in India.




India And China : Comparing The Incomparable


Book Description

India and China are often described as Asia s unidentical twins . They are two unique countries with different histories and contrasting models of development. The usual comparison between these two countries takes into account only a few selected economic parameters and is biased in favour of China. This book aims to provide a comprehensive picture of the Indian and Chinese economies and demystify various myths surrounding them. There are voluminous reports and books available on each of the topics that are covered in this book, but they are generally restricted to researchers, academicians and scholars. On the other hand, there are thousands of articles comparing India and China, which give a glimpse of the two countries but leave a reader wanting more. India and China: Comparing The Incomparable aims to strike a balance and provide a more complete picture by comparing India and China across a wide range of economic and developmental parameters.India and China: Comparing the Incomparable analyses the advantages and disadvantages of different models of growth adopted by India and China. The book:" Presents a comprehensive comparison of China and India on a variety of dimensions using the most recent data " Captures the debates around the sustainability of the development models of the two countries" Provides a broad perspective on the ongoing economic reform processes in the two countries" Rectifies the superficial analysis that is often carried out to compare the two economies " Addresses issues of common interest such as, Why are Chinese exports cheap and will they always remain cheap? , Is the Chinese currency undervalued? , Can India overtake China? , etc" Does not involve heavy jargon or complicated modes, which makes it accessible to a large readership




Emerging Giants


Book Description

China and India are the two most populous countries in the world and now also two of the fastest growing. By sheer virtue of the fact that China and India are home to 2.4 billion people - two-fifths of the world's population - the rapid growth of their economies has far-reaching implications not just for global living standards and poverty reduction but also for competitiveness and distribution of income in the rest of the world. Commensurate with their economic progress, there has been a surge of interest in the nature and implications of China and India's economic growth. There are several apparent similarities in the development process of China and India: both are home to ancient civilizations that have bequeathed distinctive attitudes, institutions, and traditions. Both have very large populations. Both have performed well economically for more than two decades. However there are important differences that can be seen beneath the surface. China started the current reform process in 1978 - that is, almost fifteen years before India. The two countries have very different political systems. Their development models differ fundamentally as well. China has opened up much more than India to foreign trade and foreign direct investment, while India has a better developed banking system. Growth in the two countries has been driven by different sectors - Chinese growth by manufacturing and Indian growth by services. This volume brings together some of the best research on issues related to the growth experience of China and India and places these issues in a comparative perspective. It contains papers written by some of the leading academic and experts in the world on issues ranging from the roles of China and India in the world economy, contrasts in their development experience, and challenges to sustaining growth.




Competitiveness Of Nations 1, The: Navigating The Us-china Trade War And The Covid-19 Global Pandemic


Book Description

In the existing reports on national competitiveness and rankings such as IMD World Competitiveness Yearbook and WEF Global Competitiveness Report, there are sizable discrepancies in the ranking order for the same countries. As a result, the reader is often confused because such an outcome creates difficulties for government officials when translating these findings into real-world policies. These discrepancies are actually due to the differences in logic and analytical models used by IMD and WEF. Therefore, in recognizing the problems and limitations of these models, this book presents the IPS model as a new approach. As an extension of Michael Porter's diamond model, it demonstrates a robust set of methodologies as well as offers a number of key policy implications for countries around the world that wish to enhance their national competitiveness.The analytical tools used in this book can be further utilized for other units of analysis such as industries and firms. As this book provides a series of sophisticated methodologies and specific guidelines for enhancing national competitiveness, both academics and practitioners can derive useful implications from this research. Alongside the theoretical frameworks and methodologies for national competitiveness presented in this book, timely topics are included such as the COVID-19 global pandemic and the US-China trade war. This book also includes various country-specific real-world cases that are assessed from the perspective of both developed and developing countries.




Chindia Rising


Book Description

In Chindia Rising, Dr. Jagdish Sheth introduces the concept of Chindia, which captures the re-emergence of the two Himalayan demographic neighbors as economic powers. This thoroughly researched and detailed work analyzes the impact of these nations' re-emergence on global economies, both advanced and emerging. The primary topics of discussion are: -The enormous business implications of the rising economies of China and India on other nations, particularly in the United States, Africa, the Caribbean, Latin America and Southeast Asia; -Major obstacles inhibiting the rise of Chindia, including need for natural resources, poverty, environmental damage, and substandard education among the impoverished; and -Real world examples demonstrating the trends and techniques behind this economic rise, including the Lenovo PC Company in China and Mittal Steel in India. Distinguished author and Professor of Marketing Jagdish Sheth has produced a thoroughly detailed yet approachable text that suggests a hopeful future for world economies in relation to the Chindia economic boom. Chindia Rising is a highly useful guide to national and international economics for students and practitioners of both business and politics.




China and India


Book Description

In the last 30 years, the world’s software industry has been developing rapidly and the landscape has also been changing dramatically. It is no longer predominately controlled by the developed countries such as the United States and the United Kingdom. This book examines the competitive and strategic issues faced by China and India through a political, economic, social, technological, environmental and legal analysis. The book reviews their competitive strengths and weaknesses and the potential risks for organisations looking to expand or invest resources in these two countries. The book also looks at the market strategies of both countries in a global context and identifies the critical success factors that have enabled China and India to gain competitive advantage in their respective markets. Importantly, the book examines the threats that these two countries pose to other countries looking to expand their presence in the global software markets. This book helps practitioners and business managers who are responsible for a firm’s strategy or investment resources to grasp and understand the complexities and challenges faced by those organisations looking to expand their operations in these countries. Written from a highly knowledgeable and well-respected practitioner in the field of global strategy and software engineering Draws on the authors wide-ranging practical experience of working with some of the worlds leading global service providers on major strategy development and service provision Provides practical guidance to real-world problems in the global software industry




Enhancing Global Competitiveness


Book Description

In terms of overall orientation, this book has been so conceived and structured that it has followed a certain natural corollary and logical framework in comparing Indian economy with the Asian and the global economy in respect to the sectors wherein India is perceived to play a leadership role both in the regional and the global context. Secondly, an attempt has also been made to identify areas, where, India, despite possessing a huge potential, could not so far convincingly demonstrate its competitive advantage to compete globally. Thirdly, competitive advantages in certain chosen fields, wherein India can excel and outperform its competitors are elaborated and highlighted with broad indication of the future strategy. Last, but not the least, the book has dealt with the various sectoral investment opportunities in India for achieving global competitiveness.




India and China in the Emerging Dynamics of East Asia


Book Description

Though considerable research literature is now available on China–India relations, most of it still follows a conventional narrative, viewing the relationship through the narrow conflictual prism limited to South Asia than in the new, larger perspective, especially in the context of emerging East Asian dynamics. This book offers comprehensive analyses of some of these issues in papers addressing two broad themes. One, significant trends in the relationship between China and India on a range of issues, including economic development models, their military strategies, and the boundary dispute; and two, how others are responding to the rise of India and China and their impact on East Asia. Together, the chapters constitute a comprehensive study on both China–India relations and their concurrent rise, including a variety of perspectives and methodologies. Written by some of the top experts on the subject from India, China, Japan, and Taiwan and covering a broad range of issues, the book will generate considerable interest in understanding this relatively neglected dimension of today’s East Asia.




The Dragon and the Elephant


Book Description

The return of the once-dormant economies of China and India to dynamism and growth is one of the most remarkable stories in recent history. The two countries are home to nearly 40 percent of the world's population, but until recently neither had played an influential role in the contemporary global economy. In the past two decades, China and India have liberalized internal economic policy, treatment of foreign investment, and trade, and have experienced economic growth at sustained high rates. From the point of view of the United States, however, the most important development in the Chinese and Indian economies in the long term may be the strides they are making in developing their own domestic innovation capacities. After a long period of underinvestment, both countries have committed to growing their science and education systems to bolster research and further economic expansion. Some observers of the recent growth have said that both countries are surging in their efforts to spur innovation; others have emphasized the potential of one country over the other; and still others have suggested that both China and India have a long way to go before achieving innovation-driven growth. With such a range of views, The National Academies set out to describe developments in both countries, in relation to each other and the rest of the world, by organizing a conference in Washington, D.C. The conference, summarized in this volume, discussed recent changes at both the macroeconomic level and also in selected industries, and explored the causes and implications of those changes.




Strategies of Multinational Corporations in the Emerging Markets China and India


Book Description

Master's Thesis from the year 2008 in the subject Business economics - Economic Policy, grade: 1,3, European School of Business Reutlingen, 100 entries in the bibliography, language: English, abstract: In recent years, China and India have become two of the most important markets in terms of sales, low-cost manufacturing and R&D operations. The future progress will increase the competitive advantage for both countries and attract MNC's from all over the world to invest. Nevertheless, success is not guaranteed, even with the large business opportunities that China and India provide. A MNC has to be aware of various challenges that both countries pose, such as government interventions, underdeveloped infrastructures or copyright violations. Hence, MNC's need efficient strategies in order to compete and improve their position in these markets. Particularly the implementation of an efficient innovation and knowledge strategy has become a crucial aspect. Effectiveness in local product adjustments, globalizing R&D, tailoring talent management, mastering the complexity of global value chains, and managing risks are success factors that have to be considered. This, however, is not an easy task. Multiple failures of MNC's in China and India demonstrate that it is important to adapt a company's strategy to the local customer needs and to obtain a competitive advantage in the field of innovation. The purpose of this master thesis is to discuss all these aspects and present crucial factors for the implementation of an efficient strategy for the two markets China and India, with a focus on innovation and knowledge. Obviously, there are limits to the scope of this dissertation. Some aspects as for example the cultural background of both countries, governmental restrictions, the role of outsourcing or the availability of financial resources have either not been considered or are only discussed briefly. Moreover, this dissertation will only provide a general overview as the