When global management consultancy, the Boston Consulting Group penned a report titled, "The New Global Challengers: How 100 top companies from rapidly developing economies are going global - and changing the world", it homed in on 3,000 companies from 12 rapidly developing economies.
When the top 100 list was published in May 2006, 21 Indian companies made it to the elite list. Asian companies formed 70 per cent of that list. And how? These companies were selected on the basis of being truly based out of developing economies.
The chosen companies belonged to a diverse set of industries
( The India 21). As the findings below indicate, each company follows its own way, implementing a number of different strategies. But certain patterns seem to emerge which fall under six primary models of globalisation.
The India 21
Sector
Company
Automotive Bajaj Auto, Tata Motors, Mahindra & Mahindra, TVS Motors, Bharat Forge
IT/BPO
Infosys, Satyam, Tata Consultancy Services, Wipro
Engineering and construction
Larsen & Toubro
Healthcare/pharmaceutical
Ranbaxy, Cipla, Dr Reddy's Laboratories
Steel and industrial goods
Hindalco, Tata Steel, Crompton Greaves
Other sectors
ONGC, Reliance, Videocon, VSNL, Tata Tea
Inb case you require more details, kindly open site :
http://www.rediff.com/money/2006/jul/04bspec.htm
2006-08-06 17:28:30
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answer #1
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answered by PK LAMBA 6
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