The country of India doesn’t look like the new frontier in the high tech revolution but in the ancient rural villages of southern India, amidst the chaos of crowded streets, is a bold new world. India has turned into a technology mecca by being able to draw big name international companies and by creating a few of their own. Mohandas Pai, CEO of InfoSys, provides a tour of its facilities and explains the company’s extraordinary growth by growing from 500 to 50,000 employees in 12 years. He says it’s time to go East young man. InfoSys believes the key to luring foreign investors and workers is to create companies on par with any in the West. Pai showcases the InfoSys conference room which is noted as similar to the United Nations. With over 40 office buildings, 2 gyms, basketball courts, a supermarket, a golf course, and its own bank, InfoSys looks more like a resort spa than a company headquarters.
Along with Indians who have traded jobs overseas to come home, increasing numbers of young Americans from elite U.S. colleges are coming to work for companies like InfoSys in India which has the second largest software industry. Many feel they can get more experience and opportunities they could not get in the U.S. Graduates of U.S. colleges are interviewed for their perspectives on the opportunities to contribute to organizations and the lures that are available in India. Americans are working hard and living well with lower salaries and lower cost of living with minimum standards of 3 meals a day for a $1. Mohandas Pai says that young Americans should come to India for the future is here.
Also check out:
(Indian Economic Growth) under the link: http://www.indianeconomics.org/ and
INFOSYS: https://www.youtube.com/user/Infosys
What international strategy incentives does India offer to a foreign investor? What limitations exist in India for companies desiring international expansion? Explain.
What benefits does InfoSys receive from its international strategy? Explain.
How does India’s national advantage(s) influence its business-level strategy? Explain.
What corporate-level strategy is used by InfoSys and why? Explain.