Preview

India Country

Powerful Essays
Open Document
Open Document
846 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
India Country
India Essay

Below is a free essay on "India" from Anti Essays, your source for free research papers, essays, and term paper examples.

1. What is the climate for doing business in India? Is it supportive of foreign investment? o The climate for doing business in India is continuously evolving. Today, the Indian economy is characterized by a liberalized foreign investment and trade policy, the extensive role played by the private sector and deregulation. India is extremely supportive of foreign investment and in fact in recent years, the government has been relaxing its bureaucratic rules particularly those relating to foreign investments.
2. How important is a highly educated human resource pool for MNCs wanting to invest in India? Is it more important for some businesses more than for others? o It’s very important for MNCs wanting to invest in India to have a highly educated human resource pool because it is very important for them to understand what they are getting into (specifically language & cultural barriers) and for them to adapt to the changes that come along with the corporation investing internationally. It’s evident that as India continues to grow and evolve so will the demand for well educated people. The more successful and competitive India becomes, the more critical human resource management will be. Luckily, companies are beginning to see that an investment in human resource processes & outsourcing services that can help make the successful is a good way to gain competitive advantage for their organizations future. It is more important for some businesses than for others depending on the industry they are in and the level of technology they use. Some MNCs use advanced technology to help them communicate, produce, and deliver their goods and services internationally which has ultimately led to some experts predicting that in the future, technology has the potential to displace employees in all industries.
3. Given the low per capita income of

You May Also Find These Documents Helpful

  • Better Essays

    According to Bhal, many of the organizations in the India market have not focused on the human resource aspect of the business module (Bhal, 2002, p. 141). This has left a hard task to overcome for those companies looking to expand into the area. India has seen the need for a transformation in the Human Resource department, in terms of their treatment and beliefs in the management of their personnel. According to Amba-Rao, Petrick, Gupta, and Von der Embse there are four major areas that are said to be…

    • 1191 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    According to National Portal of India, based on Purchase Power Parity (PPP) India has the fourth largest economy of the world. Today India is an attractive country for investment and business opportunities because of a huge manpower base, natural resources and macro-economic fundamentals. Since 1991 some economic reforms have been occurred in this country, which as result, have been providing friendlier environment for investors through a liberalized policy framework spanning the whole economy.…

    • 1866 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    India is a complex nation with a rich history and years of diversity. With the rise of the global economy over the last century, it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s, the country also has a growing local economy that is primed for investment should the right opportunity arise. However, not just any company can invest in or partner with India. Because India is rich in tradition and very slow to change its views, it will take a savvy, experienced investor with a team of managers willing to take on the task of creating a successful partnership with a country whose past has been riveted with corruption and a caste system that tends to hold its citizens back from improvement. A Multi National Corporation (MNC), with the right resources, will be able to benefit from the positive attributes of the developing country while at the same time contributing to the reduction of poverty and improved lifestyle of local citizens.…

    • 7910 Words
    • 24 Pages
    Good Essays
  • Satisfactory Essays

    International Human resource management is critical thing to be considered when an organization is looking to “going global”. Human resource is a critical resource in any organization. It is obvious that today’s most successful business is mainly depending on their employee’s brain power.…

    • 505 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Becoming international adds complexity to the art of running a company. Manage human resources from so many countries with so many different cultures is not an easy task. India is a very rich country with a fascinating culture but…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Cultural Briefing- India

    • 2697 Words
    • 11 Pages

    India is a country with 5000 year old civilization, values and traditions. Its history is divided into 7 periods, original Indians dating back to 1700BC to 3300 BC, Aryans from 2500 BC to 322 BC, the Mauryan Empire from 322BC to 188 BC, Gupta Period from 320 AD to 480 AD, Muslim period from 1175 AD to 1800AD, and Europeans Rule from 1800 AD to 1947. In 1947 India regained its independence from the British Empire (Cohen, 1998).…

    • 2697 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Human capital is considered an organization’s core competency and source of competitive advantage, thus strategic management of human assets is critical particularly in knowledge-intensive industries.…

    • 1046 Words
    • 5 Pages
    Good Essays
  • Good Essays

    It is not simple to invest and enter foreign markets as regulations and restrictions differ from country to country. However, as with all ventures, there are risks attached to this move and it is not a step to be taken lightly. We will mention some key applicable laws as well as the consequences of noncompliance with those laws that involved in doing business in India for your reference first.…

    • 938 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Macro Environment of Tesco

    • 6712 Words
    • 27 Pages

    With this in mind, this report aims to review the international human resource management policies that would influence the decision of a multinational corporation, namely Hewlett Packard (HP), to set up a subsidiary in Southern India, the challenges faced in attempting this, and ways in which those policies could be adjusted to accommodate operations in the new environment. Southern India was chosen because, according to an article entitled "India Country Profile" written…

    • 6712 Words
    • 27 Pages
    Powerful Essays
  • Satisfactory Essays

    Entry Mode in India

    • 433 Words
    • 2 Pages

    India's restrictive commercial laws prohibit most foreign companies from setting up shop to compete with domestic retailers. However, a foreign company can invest in an Indian company through a joint venture agreement in the areas which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories such as real estate, insurance, agriculture and plantation.…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The scarcity of qualified managers has become a major constraint on the speed with which multinational companies can expand their international sales. The growth of the knowledge-based society, along with the pressures of opening up emerging markets, has led cutting-edge global companies to recognize now more than ever that human resources and intellectual capital are as significant as financial assets in building sustainable competitive advantage. To follow their lead, chief executives in other multinational companies will have to bridge the yawning chasm between their companies ' human resources rhetoric and reality. H.R. must now be given a prominent seat in the boardroom.…

    • 6272 Words
    • 26 Pages
    Good Essays
  • Satisfactory Essays

    MGMT302 1

    • 327 Words
    • 1 Page

    1. What is the climate for doing business in India? Is it supportive of foreign investment? In the past, doing business in India has been quite difficult because of too many barriers to effective operation. As a result, some MNCs left India. In recent years, the government has been relaxing its bureaucratic rules, particularly those relating to foreign investments. From 1981 to 1991, total foreign direct investment in India increased by $250 million, and after that time the climate for foreign investment has improved markedly. One reason for this change is that the government realizes that any monies not invested in India may be lost to China forever. Additionally, it can be seen that foreign investments are having a very positive effect in the Indian economy.…

    • 327 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The HR function of 21st century India has made a transition from being ‘behind-the scenes’ support appendage to becoming the critical differentiator in business. Rapid globalization has made companies realize people are the key to growth, the only strategic resource that any enterprise truly needs. This has led to companies routinely using their innovative HR practices as their USP (Unique Selling Proposition) to keep up with the times in the wake of a rapidly changing labor landscape.…

    • 6170 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    History to Hrm

    • 848 Words
    • 4 Pages

    Rising Prominence of the Human Resource Management: • • • • • Emphasis on quality Impact of technology Liberalization of Indian economy Privatization of Indian economy Globalization…

    • 848 Words
    • 4 Pages
    Good Essays

Related Topics