Title: Current Business Opportunities and Challenges in China and India
1Current Business Opportunities and Challenges in
China and India
A Panel discussion at Discovery Park, Purdue
University West Lafayette, IN, 47907 March 28
2009
Led by Dr.Parasuram Balasubramanian,
Entrepreneur in Residence Discovery Park, Purdue
University West Lafayette, IN, 47907
Sponsors
2Current Business Opportunities and Challenges in
China and India
- Is globalization creating the need for
relationship with Asia in general and with China
and India in particular? - Where are the significant business opportunities
in each country ? - Is there a China Vs India issue?
- Where are the significant opportunities for US
universities in each of these countries?
3Current Business Opportunities and Challenges in
China and India
- What are the formidable challenges in working
with China and India? Is diversity a threat or a
challenge? - Can we recommend a generic strategy or university
(strength) specific strategy for penetration?
Focus on Alumni, Students or industry
engagements? What can be the role of S T ? - How can we structure win win propositions?
- Can we suggest a road map?
4Current Business Opportunities and Challenges in
China and India
- Introduction to the Workshop 5
minutes - Moderators preamble 10 minutes
- Presentation by panelists 315 45
minutes - Interactive session among panelists 30 minutes
- Audience interaction 20 minutes
- Summation
5 minutes - Vote of Thanks
2 minutes
5Current Business Opportunities and Challenges in
China and India
Quinn Frazier
- Quinn began his career with UPS in 1992 working
the early morning shift while attending the
University of Utah. - He completed undergraduate studies in Business
Management and Japanese. - And then he accepted his first overseas
assignment at UPS in 1999 and moved to Japan.
After three years in Japan Quinn accepted an
assignment to develop and lead UPS customer
service strategies for the Asia Pacific Region
based in Singapore. - There he primarily focused on the development and
implementation of customer service solutions in
the China and India markets. - In June of 2004 Quinn directed a market
assessment project in Japan to develop UPS
growth and expansion strategies. This market
assessment project lead to his next assignment
back in Japan as the Director of Business
Development. - With nine combined years of professional
experience in Asia Quinn has developed a wide
understanding of the dynamic nature of this part
of the world. - Quinn currently lives in Cumming Georgia with
his wife Amie and their four children.
Manager International Business Development UPS
6Current Business Opportunities and Challenges in
China and India
Prasad Joshi
- Prasad is responsible for IP creation and
commercialization in Software Engineering and
Technology Labs (SETLabs) at Infosys. - He manages Java CoE, Microsoft Technology Center
and the Influx Product Group. - Prasad participates in the Technology Council at
Infosys - key member of the core team responsible for
business transformation solutions. - He has over 20 years of experience in software
technology, - IT and BPO outsourcing and multi-cultural team
management. - His prior work experience includes senior
positions at Tata Consultancy Services , CGI
(then IMR global) and STI Knowledge . - He holds BS in Electrical Engineering and MS in
Computer Science degrees - He is settled in Atlanta.
- He enjoys travel, hiking and canoeing.
- And likes to cook and find it very creative and
relieving. - Now you know where to eat, next time you are in
Atlanta.
Associate Vice President and Head, Microsoft
Technology Center
7 A.Vishwanath
Current Business Opportunities and Challenges in
China and India
- Vishwanath is the corporate venturing and
business development lead for the Tata Group in
North America. - He is responsible for strategic partnership, MA
and technology absorption opportunities for the
Tata Group. - Vishwanath is a member of the Tata Administrative
Service (TAS), Tata Groups elite leadership
development program. - Over the past 7 years he has handled
responsibilities in IT Consulting, Product
Management, Sales Marketing, Human Resources,
Strategy and Business Development with various
Tata Group companies. - Vishwanath has a degree in Electronics and
Communications Engineering from College of
Engineering - Guindy, Anna University in Chennai,
India. - He has attended a number of management
development programs in India and the United
States.
Senior Manager Business Development Tata Sons
Ltd.
8- Population Groups of relevance
- Investing Era 0 to 22 years
- Child to Adulthood, Faculty Development,
- Skills, Knowledge and Character building
- Harvesting Era 22 to 65 years
- Productive Employment and
- Asset Building for the nation
- Protecting Era 65 years
- Providing adequate health care, means of
living etc -
9Source NationMaster.com
10Source NationMaster.com
11Source NationMaster.com
12Sectoral composition
Source Internal elaboration on World Development
Indicators database, September 2008
USA data Agri 1.2 Industry 19.8 Services
79 (2007 ) Source www.indexmundi.com/unite
d_states/gdp_composition_by_sector.html
13- Indias major growth issues
- Needs a second green revolution to improve Farm
Productivity - Must find ways to improve storage and logistics
of agri product distribution - Needs to find alternative sources of energy to
reduce import dependency and environmental
degradation - Has to fight flooding and draught impacts in
different parts of the country - Bring portable water to villages
- Generate employment in millions
- Enhance health care and nutrition across the
population - Build technical and marketable skills in millions
- Find more teachers
- Significantly boost exports stabilize currency
- Building innovation entrepreneurial Base and
skill sets
14- Chinas major growth issues
- Chinas export markets hit hard by the declining
world economy - Environmental pollution
- food and workplace safety problems
- substandard education and health care
- slowing per capita income growth Of farmers and
the rural sector
Source Premier Wen Jiabao speaks at the
National Peoples Congress 2005
http//www.businessweek.com/globalbiz/blog/eyeonas
ia/archives/2009/03/premier_wen_jia.html
- Need to develop capital markets and banking
services - Building innovation entrepreneurial Base and
skill sets
15Current Business Opportunities and Challenges in
China and India
- Challenges
- Philosophical differences Compassionate
capitalism vs. competitive socialism/communism - Language and Culture issues
- System versus people focus
- IP management
- Fear of failure, ability to reorganize
- Dealing with bureaucracy at either end
- Govt to Govt issues
- Privacy and security concerns
- Business risks
16Current Business Opportunities and Challenges in
China and India
University Perspectives Opportunity areas in the
three segments of Learning (education),
Discovery (research) and Engagement (commercial
application)
- Educational collaboration, Distance Education,
Course certification, Sharing of Knowledge
artifacts - Research needs in Energy,Ecology,Environment
Agriculture Management, Agri Products packaging,
marketing and distribution manufacturing
industry (auto, metals, electrical devices etc)
Pharma and bio Healthcare Delivery Services
etc collaboration opportunities - Industry engagements for Short term programs,
Assessment and Certification, IP Licensing, Proof
of Concept assignments etc
17A Noteworthy initiative from Abu Dhabi
A Noteworthy initiative from Abu Dhabi
18A Noteworthy initiative from Abu Dhabi
- Masdar City is being built in Middle East at a
cost of 22 billion. - Designed to be the worlds first Zero
carbon-footprint and Zero- waste settlement
area. - Goal is to establish emirates as a center for
clean-technology development and innovation. - Collaboration with BP, Rio Tinto and MIT
19A Noteworthy initiative from Abu Dhabi
- Masdar City is being built in Middle East at a
cost of 22 billion. - Designed to be the worlds first Zero
carbon-footprint and Zero- waste settlement
area. - Goal is to establish emirates as a center for
clean-technology development and innovation. - Collaboration with BP, Rio Tinto and MIT
- A thin-film solar factory
- Wind and solar energy tapping
- A (CCS) carbon capture and sequestration project
- CO2 to be stored in abandoned oil wells
20A Noteworthy initiative from Abu Dhabi
- Masdar City is being built in Middle East at a
cost of 22 billion. - Designed to be the worlds first Zero
carbon-footprint and Zero- waste settlement
area. - Goal is to establish emirates as a center for
clean-technology development and innovation. - Collaboration with BP, Rio Tinto and MIT
- Abu Dhabi is under no economic compulsion to do
this now. - But looking ahead to the future
21Current Business Opportunities and Challenges in
China and India
Thank you for the participation balasubp_at_gmail.co
m
Sponsors