current business opportunities and challenges in china and india

Current Business Opportunities and Challenges in China and India

A Panel discussion atDiscovery Park,Purdue UniversityWest Lafayette, IN, 47907

March 28 2009

Sponsors

Led by Dr.Parasuram Balasubramanian, Entrepreneur in ResidenceDiscovery Park, Purdue UniversityWest Lafayette, IN, 47907


Is globalization creating the need for relationship with Asia in general and with China and India in particular?

Where are the significant business opportunities in each country ?

Is there a China Vs India issue?

Where are the significant opportunities for US universities in each of these countries?


What are the formidable challenges in working with China and India? Is diversity a threat or a challenge?

Can we recommend a generic strategy or university (strength) specific strategy for penetration? Focus on Alumni, Students or industry engagements? What can be the role of S & T ?

How can we structure win win propositions?

Can we suggest a road map?


Introduction to the Workshop 5 minutes

Moderator’s preamble 10 minutes Presentation by panelists 3*15 45 minutes Interactive session among panelists 30 minutes Audience interaction 20

minutes Summation 5

minutes Vote of Thanks 2 minutes

Quinn began his career with UPS in 1992 working the early

morning shift while attending the University of Utah. He completed undergraduate studies in Business Management

and Japanese. And then he accepted his first overseas assignment at UPS in 1999

and moved to Japan. After three years in Japan Quinn accepted an assignment to develop and lead UPS’ customer service strategies for the Asia Pacific Region based in Singapore.

There he primarily focused on the development and implementation of customer service solutions in the China and India markets.

In June of 2004 Quinn directed a market assessment project in Japan to develop UPS’ growth and expansion strategies. This market assessment project lead to his next assignment back in Japan as the Director of Business Development.

With nine combined years of professional experience in Asia Quinn has developed a wide understanding of the dynamic nature of this part of the world.

Quinn currently lives in Cumming Georgia with his wife Amie and their four children.

Manager International Business DevelopmentUPS

Quinn Frazier



Prasad is responsible for IP creation and commercialization in Software Engineering and Technology Labs (SETLabs) at Infosys.

He manages Java CoE, Microsoft Technology Center and the Influx Product Group.

Prasad participates in the Technology Council at Infosys key member of the core team responsible for business transformation

solutions.

He has over 20 years of experience in software technology, IT and BPO outsourcing and multi-cultural team management. His prior work experience includes senior positions at Tata Consultancy

Services , CGI (then IMR global) and STI Knowledge .

He holds BS in Electrical Engineering and MS in Computer Science degrees

He is settled in Atlanta. He enjoys travel, hiking and canoeing. And likes to cook and find it very creative and relieving. Now you know where to eat, next time you are in Atlanta.

Associate Vice President and Head, Microsoft Technology Center

Prasad Joshi

Senior Manager Business Development Tata Sons Ltd.

Vishwanath is the corporate venturing and business development lead for the Tata Group in North America.

He is responsible for strategic partnership, M&A and technology absorption opportunities for the Tata Group.

Vishwanath is a member of the Tata Administrative Service (TAS), Tata Group’s elite leadership development program.

Over the past 7 years he has handled responsibilities in IT Consulting, Product Management, Sales & Marketing, Human Resources, Strategy and Business Development with various Tata Group companies.

Vishwanath has a degree in Electronics and Communications Engineering from College of Engineering - Guindy, Anna University in Chennai, India.

He has attended a number of management development programs in India and the United States.


A.Vishwanath

Population Groups of relevance

Investing Era : [0 to 22 years]

Child to Adulthood, Faculty Development, Skills, Knowledge and Character building

Harvesting Era : [22 to 65 years]

Productive Employment and Asset Building for the nation

Protecting Era : [65+ years] Providing adequate health care, means of living etc

Source: NationMaster.com

199022%

199046%

199032%

200729%

200753%

200718%

India: Composition of GDP

Industry Services Agriculture

199042%

199031%

199027%

200748%

200740%

200712%

China: Composition of GDP

Industry Services Agriculture

Source: Internal elaboration on World Development Indicators database, September 2008

Sectoral composition

USA data : Agri 1.2 % Industry 19.8 % Services 79 % (2007 )

Source : www.indexmundi.com/united_states/gdp_composition_by_sector.html

India’s major growth issues

Needs a second green revolution to improve Farm Productivity Must find ways to improve storage and logistics of agri product distributionNeeds to find alternative sources of energy to reduce import dependency and environmental degradationHas to fight flooding and draught impacts in different parts of the countryBring portable water to villages Generate employment in millionsEnhance health care and nutrition across the populationBuild technical and marketable skills in millionsFind more teachersSignificantly boost exports ;stabilize currencyBuilding innovation & entrepreneurial Base and skill sets

China’s major growth issues

China’s export markets hit hard by the declining world economy Environmental pollutionfood and workplace safety problemssubstandard education and health careslowing per capita income growth Of farmers and the rural sector

Source: Premier Wen Jiabao speaks at the National People’s Congress 2005 http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2009/03/premier_wen_jia.html

Need to develop capital markets and banking services

Building innovation & entrepreneurial Base and skill sets


Challenges

Philosophical differences :Compassionate capitalism vs. competitive socialism/communismLanguage and Culture issuesSystem versus people focusIP managementFear of failure, ability to reorganizeDealing with bureaucracy at either endGovt to Govt issuesPrivacy and security concernsBusiness risks


Educational collaboration, Distance Education, Course certification, Sharing of Knowledge artifacts

Research needs in Energy,Ecology,Environment; Agriculture Management, Agri Products packaging, marketing and distribution; manufacturing industry (auto, metals, electrical devices etc) ;Pharma and bio; Healthcare Delivery; Services etc; collaboration opportunities

Industry engagements for Short term programs, Assessment and Certification, IP Licensing, Proof of Concept assignments etc

University Perspectives:Opportunity areas in the three segments of Learning (education), Discovery (research) and Engagement (commercial application)

A Noteworthy initiative from Abu Dhabi



Masdar City is being built in Middle East at a cost of $22 billion.

Designed to be the world’s first Zero carbon-footprint and Zero- waste settlement area.

Goal is to establish emirates as a center for clean-technology development and innovation.

Collaboration with BP, Rio Tinto and MIT

A Noteworthy initiative from Abu Dhabi Masdar City is being built in Middle East at a cost of $22 billion.

Designed to be the world’s first Zero carbon-footprint and Zero- waste settlement area.

Goal is to establish emirates as a center for clean-technology development and innovation.

Collaboration with BP, Rio Tinto and MIT

• A thin-film solar factory• Wind and solar energy tapping• A (CCS) carbon capture and

sequestration project• CO2 to be stored in abandoned oil

wells

A Noteworthy initiative from Abu Dhabi Masdar City is being built in Middle East at a cost of $22

billion. Designed to be the world’s first Zero carbon-footprint and

Zero- waste settlement area. Goal is to establish emirates as a center for clean-technology

development and innovation. Collaboration with BP, Rio Tinto and MIT

• Abu Dhabi is under no economic compulsion to do this now.

• But looking ahead to the future


Sponsors

Thank you for the participation

[email protected]

current business opportunities and challenges in china and india

Documents

business management

india prasad

china vs india issue

india introduction

india markets

significant opportunities

japan quinn

minutes quinn