Development in India:
Advice and Lessons Learned
American companies are now setting up R&D centres in India.
They are not coming for cheap labour in sweatshops. They are
coming for India’s brains. "
—Times of India
recent years the list of multinationals that have launched
or are launching ambitious R&D programs in India includes
Intel, Cisco, General Electric, Microsoft, General
Motors, Astra Zeneca, Motorola, Texas Instruments and
this interest and activity? India represents huge
opportunities for Western firms with its large talent pool,
increasing innovation capability and rapidly expanding
economy. Developing and implementing a successful R&D
program in India requires an accurate and pragmatic
understanding of both the risks and rewards.
briefing focuses on avoiding the 10 most common mistakes
that Western firms make in India.
the wrong entry strategy, or partner.
basis for Agreement is unclear or misunderstood by one
party; getting the lawyers involved too early.
understanding how to motivate and/or train
team has pre-conceived notion of what will succeed
without understanding the changing business environment.
horizons for execution and ROI are unrealistic.
enough homework, or worse doing the wrong homework.
cross-cultural communication issues.
the first sign of trouble.
R&D work based on lowest quoted price.
the good (or bad) news about India in the popular media.
out how to avoid and/or correct these mistakes, plan on
joining this 90 minute audio
session led by Gunjan Bagla on
Thursday, March 6, from 1-2:30 pm ET.
your whole team to join you - the fee is the same as long as
you are on one line, just put it on speakerphone!
make the time and date of the call? Join
FastTrack and receive the transcript and download
the mp3 of this
and other audio sessions.
About the Session Leader
Gunjan Bagla is Managing
Director of Amritt Ventures, Inc, an advisory service
facilitating technology trade between the United States and
India. He provides guidance in entering new markets, global
strategy execution, finding and managing vendor partners,
and establishing overseas offices. Mr. Bagla has managed
teams sourcing technical products and services from China,
India, Japan, Singapore, and Thailand. He began his career
as an engineer for Larsen & Toubro, a prominent Indian
industrial firm, sourcing French machined components. Mr.
Bagla came to the U.S. and later worked as director of
program management for Tandon Computer. He was born and
raised in India and currently lives in the United States
while travelling to India frequently.
He is the author of
Doing Business in 21st Century India - How to Profit Today
from Tomorrow's Most Exciting Market due for release by
Warner/Grand Central Publishing on July 31, 2008.
Mr. Bagla serves as co-chairperson of the global
sourcing special interest group of The Indus Entrepreneur
(TiE), a business association including Western and Indian
organizations, of which he is also a Charter Member. Mr.
Bagla earned his MBA with honors from Southern Illinois
University. He received his bachelor's degree in mechanical
engineering from the world-famous Indian Institute of
Technology (IIT) in Kanpur, Mr. Bagla can be reached via
www.amritt.com or by calling 1 (562) 402-4435.
Attn AudioSession participants:
Dial-in instructions and accompanying materials were sent to
confirmed registrants via email. If you did not receive this
information, please call the MRT office at 781-891-8080.
March 6, 2008
Unlimited attendance per phone connection
If you are registering for this session on the
same day as the event,
please call us at
How To Register:
Online Registration Form
You will receive:
confirmation of your registration and dial-in instructions
of presentation slides emailed to your office prior to
questions answered by an expert - both during the session (live)
and after (by email)