Just In Print Finding
American (basically Indian and Marwari) Gunjan Bagla, CEO, Amrit Industries, (educated at IIT KANPUR Southern Illinois University) is Author, public speaker, businessperson , par excellence in entire US etc. Solitary Man who tells/advises/suggests/provides consultancy/nuances/secrets/ fine points/ between lines/practical tips to “dazed Americans” on how to do business/es smoothly without any ado, hassle, friction, confrontations, differences, brush-off anywhere.
His Tips on Doing-Business/es-In-India: When a North American company does business with organizations from India, its managers must quickly become adept at many new skills such as
- cross-cultural communications
- dealing with colleagues who are 8-12 time zones away
- business practices that may seem odd to American but are routine in India
- concerns about complying with American laws and international practices
- distributed product development, distributed marketing, customer service
- unique aspects of marketing, distribution, sales and credit assessment
- sourcing or outsourcing products and services from unfamiliar locations
- travel or relocation to a seemingly alien society.
Bagla”s Amritt experts always readily offer full scale all level, all round guidance in the above area as well as in the business of
SELLING to and BUYING from Indian cultures.
This guidance can take the form of our executive
course offered at Caltech, the California Institute of Technology. (Caltech is ranked as a Top 7 university worldwide.) Amritt also offers customized in-company classes that can include specific material relevant to business or industry as it relates on Asia. In addition Bagla and his compatriots under his leadership take on specific consulting engagements to coach, guide and train our clients, their distribution partners overseas and their overseas vendors on how to prevent and overcome the unique challenges of doing business between North America and India. They are now into below all out. Read below :
Just In Print Finding – : India’s $12 billion defense market will likely reach somewhere between $18 billion and $20 billion by 2020 for capital equipment alone. Platform spending, mainly Naval equipment, will likely hit $150 billion by 2017. India will continue to be a large net importer of defense hardware, however.
Domestic demand will likely be set by five factors.
These include geopolitical scenarios relevant to Indian foreign policy, such as Pakistan and home-grown terrorist groups that may necessitate the need for new defense equipment. Moreover, replacing outdated weapons and delivery systems are also high on the demand list.
If India’s economy improves, as many economists are now forecasting since Narendra Modi and his BJP party swept into power in May, the government will have more to spend on defense.
“The domestic industry seems poised for another period of rapid growth,” says Gunjan Bagla. “India has the potential to become an attractive destination for governments and companies around the world that need engineering services and components.”
As defense budgets shrink in the U.S., some contractors have turned to India to offset higher labor costs at home. Lockheed Martin’s C-130 is an example of that.
Such opportunities for off shoring could mean an additional $6 billion to $10 billion for Indian defense contractors over the next six years.
India is in its early days of expanding defense relations, including with the U.S.
The country’s defense spending will be determined by its geopolitical situation and its budding defense ties with Washington. Events and political relationships with the U.S. and other countries, namely France and Russia, will have the biggest potential to spark “substantial changes in India’s strategic relationships and ultimately the balance of trade in the global defense industry,” opine Bagla-associates.
Some of the main orders expected include Mirage and MiG-29 upgrades along with new, fifth-gen multi-role combat aircraft for the Air Force. On sea, India will likely spend upwards of $40 billion on nuclear submarines and aircraft carriers. For land vehicles, Indian made tanks and U.S. made Javelin anti-tank missiles are also likely purchases.
