 | |
| Author | Nirmalya Kumar |
|---|---|
| Language | English |
| Subject | economics |
| Publisher | Harvard Business Press |
Publication date | 2009 |
| ISBN | 978-1-4221-4762-7 |
India's Global Powerhouses - How They Are Taking on the World is a 2009 book by Nirmalya Kumar. The book discusses the success of some of the largest commercial companies in India.
India's Global Powerhouses informs readers about the 2009 contemporary phenomenon of Indian private firms becoming multinational and discusses common attributes of smaller multinational India-based companies. [1]
The book profiles some Indian companies, including the following:
A multinational corporation (MNC) is a corporate organization that owns or controls production of goods or services in at least one country other than its home country. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. However, a firm that owns and controls 51% of a foreign subsidiary also controls production of goods or services in at least one country other than its home country and therefore would also meet the criterion, even if that foreign affiliate generates only a few percent of its revenue. A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation. There are subtle but real differences between these terms.
SsangYong Motor Company is the fourth largest South Korea-based automobile manufacturer, which is owned by Indian multinational automotive company Mahindra & Mahindra Limited.
Mahindra United Football Club was a professional football club based in Mumbai, Maharashtra, India. Their home ground was the Cooperage Ground in Mumbai. Mahindra United played in the 1st Division of the I-League, the AFC-affiliated top-tier football league in India before closing down at the end of 2009–10 season.
The Mahindra Scorpio is a mid-size SUV manufactured by the Indian automaker Mahindra & Mahindra since 2002. It was Mahindra's first global model to be built for the global market.
Tech Mahindra Limited is an Indian multinational technology company, providing information technology (IT) and business process outsourcing (BPO) services. A subsidiary of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai.
The automotive industry in India is the fourth-largest in the world.
Mahindra may refer to:
Mahindra & Mahindra Limited is an Indian multinational vehicle manufacturing corporation headquartered in Mumbai, Maharashtra, India. It was established in 1945 as Muhammad & Mahindra and later renamed as Mahindra and Mahindra. It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors in the world. It is a part of the Mahindra Group, an Indian conglomerate. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian market include Maruti Suzuki and Tata Motors.
Mahindra Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra. It has operations in over 100 countries around the globe. The group has a presence in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail, and two wheelers. It is considered to be one of the most reputable Indian industrial houses with market leadership in utility vehicles as well as tractors in India.
Tractors in India is a major industry and significant contributor to its agriculture output gains.
Chennai, the capital city of the state of Tamil Nadu, India, is the largest industrial and commercial center of South India. Recent estimates of the economy of the Chennai Metropolitan Area have ranged from US$79 to US$86 billion, ranking it from fourth to sixth most productive metro area of India, and the third highest by GDP per capita. The metropolitan area doesn't include the nearby industrial zones of Sholinganallur, Siruseri, Oragadam and Sriperumbudur, due to which these regions' economy doesn't get included in the total economy of Chennai. If these regions are included, the economy of chennai would be somewhere around $167 billion to $210 billion.
Club Mahindra Holidays is an Indian travel company founded in 1996. It is a part of the Mahindra Group and provides holidays on a timeshare basis. Mahindra Holiday & Resorts India Limited (MHRIL) is a part of the Leisure and Hospitality sector of the Mahindra Group. Vacation ownership is its key offering and "Club Mahindra" is its flagship brand. MHRIL offers family holidays primarily through vacation ownership memberships for over a period of 25/10 years.
Nirmalya Kumar is Lee Kong Chian Professor of Marketing at Singapore Management University and a Distinguished Fellow at INSEAD Emerging Markets Institute. He has served on the Boards of ACC Limited, Ambuja Cements, Bata India, BP Ergo, Tata Capital, Tata Chemicals, Ultratech, and Zensar Technologies.
Information Technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.7% in 2017. According to NASSCOM, the sector aggregated revenues of US$180 billion in 2019, with export revenue standing at US$99 billion and domestic revenue at US$48 billion, growing by over 13%. As of 2020, India's IT workforce accounts for 4.36 million employees. The United States accounts for two-thirds of India's IT services exports.
Anand Gopal Mahindra is an Indian billionaire businessman, and the chairman of Mahindra Group, a Mumbai-based business conglomerate. The group operates in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate and retail. Mahindra is the grandson of Jagdish Chandra Mahindra, co-founder of Mahindra & Mahindra.
The Economic Times Awards for Corporate Excellence are the awards conferred by The Economic Times in the field of business, corporate and government policies, economies in India. It is an annual awards, conferred in various categories. Since 2017, Deloitte Touche Tohmatsu India LLP (Deloitte) has been the title sponsor of the awards. The 2018 leg of the awards will be held on 22 November in Mumbai.
Mahindra Aerospace is aerospace division of the Indian multinational conglomerate company Mahindra Group. It is the first Indian private firm to make smaller civil aircraft for the Indian general aviation market. It is an AS9100 Rev.D certified design organization.
There is a small community of Indians in Egypt includes Indian expatriates in Egypt, as well as Egyptian citizens of Indian origin or descent. Most of the Indian residents have senior level jobs, with the majority being professionals working for multinationals in the oil and gas, banking and IT sector and their postings are mainly senior positions, which means typically they are at least in their thirties and accompanied by their families. There are currently about 300 Indian companies, having joint ventures or wholly owned subsidiaries or offices in Egypt. Some of the top Indian companies with investments in Egypt are Wipro, Mahindra & Mahindra, Jindals and Tatas.
Amitava Chattopadhyay is The GlaxoSmithKline Chaired Professor in Corporate Innovation — Professor of Marketing at INSEAD, Fellow of the Institute on Asian Consumer Insights, and Senior Fellow at the Ernst & Young Institute for Emerging Market Studies.
Pawan Kumar Goenka is an Indian businessman, and the Managing Director of Mahindra and Mahindra Limited, an Indian multinational automobile manufacturing corporation headquartered in Mumbai, and the chairman of SsangYong Motor Company in Korea.