Assessing and mitigating business risks in IndiaBalbir B. Bhasin.

By:

Bhasin, Balbir B [Author]

Material type: Text

TextSeries: Publication details: [New York, N.Y. (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2012.Edition: first editionDescription: 1 electronic text (x, 114 pages) : maps, digital fileContent type:

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781606493137

Subject(s):

LOC classification:

HF3786 .A874 2012

Online resources:

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Contents:

1. Background: the complexity that is India -- 2. Realizing the potential: the markets -- 3. Mitigating risks and navigating pitfalls -- 4. Relationship building and partnering in India -- 5. Epilogue: India in transition -- 6. Web resources -- References -- Index.

Abstract: This book focusses on the business opportunities India offers the world. Even as it draws attention to the challenges and risks involved in doing business in India, it provides suggestions for overcoming them. It begins by providing a background to understanding India and sets the stage by highlighting the business environment in which the economic, legal, and cultural variances exist. This is necessary to understand the complexity that exists in India. Potential markets are then discussed, focusing on the sectors, regions, and cities where growth is taking place; the upper, middle, and lower income segments; Indian multinational enterprises (MNEs); public sector and state-owned companies, and family-owned enterprises. This is followed by an overview of the various pitfalls and obstacles that are frequently encountered when operating in India, including political uncertainty and intransigence, corruption, bureaucratic roadblocks, the web of litigation, protecting intellectual property (IP), labor and human resources limitations, and India's ubiquitous second economy. These not only increase risk and lead to costly delays on account of lengthy litigation and payment of bribes, aggravating frustration, but also result in total loss of investments. The book provides keys to success, including guidelines for selecting partners and appointing agents, as well as negotiating techniques that work in India. Finally, the book provides a comprehensive list of web resources to help the reader explore further, and connect with government and private sector bodies.

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Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD)	G. Allen Fleece Library	Non-fiction	HF3786.5 (Browse shelf(Opens below))	Link to resource	Available	10582706
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Includes bibliographies and index.

Introduction -- 1. Background: the complexity that is India -- 2. Realizing the potential: the markets -- 3. Mitigating risks and navigating pitfalls -- 4. Relationship building and partnering in India -- 5. Epilogue: India in transition -- 6. Web resources -- References -- Index.

This book focusses on the business opportunities India offers the world. Even as it draws attention to the challenges and risks involved in doing business in India, it provides suggestions for overcoming them. It begins by providing a background to understanding India and sets the stage by highlighting the business environment in which the economic, legal, and cultural variances exist. This is necessary to understand the complexity that exists in India. Potential markets are then discussed, focusing on the sectors, regions, and cities where growth is taking place; the upper, middle, and lower income segments; Indian multinational enterprises (MNEs); public sector and state-owned companies, and family-owned enterprises. This is followed by an overview of the various pitfalls and obstacles that are frequently encountered when operating in India, including political uncertainty and intransigence, corruption, bureaucratic roadblocks, the web of litigation, protecting intellectual property (IP), labor and human resources limitations, and India's ubiquitous second economy. These not only increase risk and lead to costly delays on account of lengthy litigation and payment of bribes, aggravating frustration, but also result in total loss of investments. The book provides keys to success, including guidelines for selecting partners and appointing agents, as well as negotiating techniques that work in India. Finally, the book provides a comprehensive list of web resources to help the reader explore further, and connect with government and private sector bodies.