Assessing and Mitigating Business Risks in India
- 1h 43m
- Balbir B. Bhasin
- Business Expert Press
- 2012
This book outlines India's opportunities and challenges in progressive stages and allows for a meaningful analysis of the risks posed. First, it provides the background to understanding India and sets the stage by highlighting the economic, legal and cultural variances that exist. This is necessary to understand the complexity that is India. The potential markets are then discussed focusing on the growth sectors, MNEs, the upper, middle and lower income segments, and regions and cities where growth is taking place. Next are presented the various pitfalls and obstacles that are frequently faced when operating in India. These can not only increase risk, lead to costly delays, involve lengthy litigation and payment of bribes, aggravate and frustrate, but may even result in total loss of investments. Keys to success are provided. Guidelines are also provided in selecting partners and appointing representatives, as well as the 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.
About the Author
Dr. Balbir B. Bhasin is the Ross Pendergraft Endowed Professor of International Business at the University of Arkansas – Fort Smith. He holds a Master of International Management (MIM) degree (with Distinctions) from the prestigious Thunderbird School of Global Management in Arizona, and a PhD in international business from the University of South Australia in Adelaide. Bhasin was born in India and grew up in Singapore. He is multicultured and multilingual and has done business in South, Southeast, and Far East Asia, Australia, Europe, North America, and Africa. He is the also author of Doing Business in the ASEAN Countries and advises companies eager to benefit from the opportunities in emerging Asia.
In this Book
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Assessing and Mitigating—Business Risks in India
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Abstract
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Introduction
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Background—The Complexity that is India
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Realizing the Potential—The Markets
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Mitigating Risks and Navigating Pitfalls
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Relationship Building and Partnering in India
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Epilogue—India in Transition
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Web Resources
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Notes
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References
