New Horizons In Indian Management
Date: 21 April 2011, 10:12
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An ancient civilization but a young nation, the incredible India as a nation has been constantly changing and steadfastly moving towards being a self sufficient, strong federal democratic nation. During the last few years there has been a noticeable shift in the landscape of global economy from West to East and from the well established behemoths of the corporate world to a new breed of young, confident and ambitious upcoming companies. India celebrated the 60th anniversary of Independence this year and during the last 60 years there have been many various revolutions in India. Indian economy has brought about new paradigms, new processes and new generation of leaders in various fields. There is a new buzz about India in the international business community and management people. India is rapidly emerging as a preferred destination for foreign investors, young management students and MNCs. The accelerated pace of mergers and acquisitions in sectors such as financial services, manufacturing, banking services, information technology and construction have boosted FDI inflows. While inflow is increasing outflow is also equally exciting as Indian companies are becoming truly multinational in nature. India is on the way to becoming the economic, intellectual and cultural powerhouse of the world. Indian corp orates are gradually rising up to the challenges of global competition and establishing themselves as effective leaders with a global mindset. New areas of challenges and opportunities are emerging in various fields. India is gradually emerging as the world's fastest growing wealth creator, the richest in human capital and leader in Information Technology. The book is about how Indian management i,:; witnessing new horizons, new challenges, new opportunities in the present day global economy. It is an attempt to identify the newly emerging horizons in the Indian context. There are a number of emerging modern Indian corporations with a global mindset, benchmarking with the best in the world, internationalising their operations for....
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