Investing In India Opportunity 2020

Conference Paper

2009

Kumaran, Dr Sunitha . 2009

The idea of providing professional services to the developed world remotely from India is not new. However, little analysis has been done so far on the exact nature of this opportunity and the action steps required to exploit it.  There are several factors that deter successful implementation of growth plans in India -these are Lack of alignment within government on core guiding principles for action, Lack of involvement of all concerned ministries at planning stage,   Lack of agreement on implementation plan - leading to coordination problems across various entities, Lack of continuity and accountability of key bureaucrats, Lack of systematic involvement/push from companies and industry associations,  mismatch between the requisite skills for the job and allocation of responsibility and  requirements for significant funding from the government. The paper takes a broad look at the above mentioned factors and explores way to counterfeit them. The objective of the paper is to identify the opportunities available to Indian companies, highlight the need for policy makers to act quickly in view of the urgent job-creation requirements and develop a process that creates alignment between the various stakeholders and the common goal. 
 

• Conference Location: INDIA
• Conference Name: for the 2nd International Conference on "Doing Business in India"
• Sponsoring Organization: IFIM-BANGALORE