A roadmap for understanding the business challenges and
opportunities in China
By 2025, China and India will be two of the world's four largest
economies. By then, economic ties between them should also rank
among the ten most important bilateral ties worldwide. Their
leaders are well aware of these emerging realities. In May 2013,
just two months after taking charge, Premier Li Keqiang left for
India on his first official trip outside China, a clear signal of
China's foreign policy priorities.
"The Silk Road Rediscovered" is the first book ever to analyze
the growing corporate linkages between India and China. Did you
know that: India's Mahindra is the fifth largest tractor
manufacturer in China?Tata Motors' Jaguar Land Rover unit is the
fastest growing luxury auto seller in China?India's NIIT is the
most influential IT training brand in China?China's Huawei has its
second largest R&D center in Bangalore and employs over 5000
people in India?Shanghai Electric earns its largest revenues
outside China from India?
As these developments illustrate, pioneering Indian and Chinese
companies are rediscovering the fabled Silk Road which joined their
nations in ancient times. Winning in each other's markets is also
making them stronger and whetting their appetite for further global
expansion.
This book examines how Indian companies such as Tata Consultancy
Services, Mahindra Tractors, NIIT, Tata Motors/Jaguar Land Rover
and Sundaram Fasteners have figured out how to win in China. Their
experiences may inspire and offer lessons to other Indian
companies. The book also examines how Chinese pioneers such as
Lenovo, Huawei, TBEA, Haier and Xinxing have made a strong
commitment to India and are beginning to realize the fruits of this
commitment. The key lessons that emerge from these analyses are:
the odds of success go up dramatically when executives adopt a
global rather than local-for-local perspective "and" are skillful
at learning on the ground.
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