Indian companies ahead of China, Brazil in operating globally: Study

[Srinivas]

Indian companies ahead of China, Brazil in operating globally: Study

BANGALORE: Indian manufacturers are significantly more likely to operate multi-nationally than their Chinese and Brazilian counterparts, according to a study which also said they are on par with globalisation efforts of those in Germany and the US.

The study 'The Product Mindset 2013' conducted by safety science company UL said as much as 88 per cent of Indian manufacturers operate globally as compared to 68 per cent in China and 64 per cent in Brazil.
The study further said Indian manufacturers (55 per cent) are on par with those in Germany (50 per cent) and the US (54 per cent) on aspects of global operations such as sourcing, manufacturing, distribution/sales and marketing/promotion, leaving behind their counterparts in China (32 per cent) and Brazil (31 per cent).

The study shows globalisation influencing manufacturers and consumer priorities such as transparency and ethical sourcing, a UL statement said. Now in its third year,he study seeks to better identify the concerns and priorities of manufacturers and consumers.

According to the study, Indian consumers are becoming more and more conscious about eco-friendly products. A very high percentage of Indian consumers (81 per cent) are willing to pay more for eco-friendly products than their counterparts. Nearly three-quarters (73 per cent) of Indian consumers believe that manufacturers use eco-friendly processes.

Seventy-seven per cent of India's consumers believe that product quality has improved in the past five years, but 54 per cent believe manufacturers use low-cost materials regardless of quality.

Product recall is conspicuous by its absence in India, and redressal by consumer forums is arduous. A tangible sense of optimism is emerging in India market with regard to regulatory norms. The study indicates that 79 per cent of Indian consumers desire stringent regulations.


Read more at:
Indian companies ahead of China, Brazil in operating globally: Study - The Economic Times

This is a welcome news India has the advantage in quality and quality of service when it comes to brand value.

 

[Truth Finder]

This is a welcome news India has the advantage in quality and quality of service when it comes to brand value.

Nothing surprising. China can provide with only cheap labors and nothing more than that. Once the cheap labors are finished(that has already started), they are also gone. They do not have Tatas, Birlas or Ambanis.

 

[Fattyacids]

LOL, this study says nothing about manufacturing capability.
India doesn't even have a strong manufacturing base, naturally the need to source for supply and people globally. Even established manufacturing power, like US and Germany, have to source for parts and supply from China. In a country where the entire supply chain is locally owned, surely China will be less global.

This is what you called a bollywood research study

Nothing surprising. China can provide with only cheap labors and nothing more than that. Once the cheap labors are finished(that has already started), they are also gone. They do not have Tatas, Birlas or Ambanis.

China labour is cheap, india is even cheaper. China income per capita is 5 times higher, LOL.

 

[Jade]

Commonly, Indian companies are private owned. Private owned companies are more competitive than public owned and their objectives is better value creation, so they goes anywhere across the world where they can create better value.

Major Chinese companies are public owned. Public companies are better at public welfare as government id the major stakeholder. Hence their objective is to stay at home and create more employment opportunities for locals.

 

[neehar]

LOL, this study says nothing about manufacturing capability.
India doesn't even have a strong manufacturing base, naturally the need to source for supply and people globally. Even established manufacturing power, like US and Germany, have to source for parts and supply from China. In a country where the entire supply chain is locally owned, surely China will be less global.

This is what you called a bollywood research study



China labour is cheap, india is even cheaper. China income per capita is 5 times higher, LOL.

could'nt bear anything which shows india in a good light do we??this is not about the "manufacturing capability"its about the capability to manufacture multi-nationally.

 

[slapshot]

Indians trying hard to convince them selves they are better then china

 

[danger007]

Indians trying hard to convince them selves they are better then china

atleast we are trying our selves unlike you slaves..

 

[slapshot]

atleast we are trying our selves unlike you slaves..

Indians selling them selves under the brand of cheap services all over the world and we are the slaves. Its not about trying to do something its about India's inferiority complex hence all the self studies to prove themselves better then china If you have achieved something be proud of it regardless of the fact if its better then some other country or not

 

[danger007]

Indians selling them selves under the brand of cheap services all over the world and we are the slaves. Its not about trying to do something its about India's inferiority complex hence all the self studies to prove themselves better then china If you have achieved something be proud of it regardless of the fact if its better then some other country or not

Slaves is those who beg for every thing... not the Indians.... atleast have shame...silly look at your country position below the deep well... still you are trying to laugh..silly fellow..

 

[slapshot]

Slaves is those who beg for every thing... not the Indians.... atleast have shame...silly look at your country position below the deep well... still you are trying to laugh..silly fellow..

There are good times and then there are bad times. Pakistan is going through a lot but we will get through it. Pakistan still have enough punch to keep our bully neighbor on toes.

 

[AirRodgers]

Commonly, Indian companies are private owned. Private owned companies are more competitive than public owned and their objectives is better value creation, so they goes anywhere across the world where they can create better value.

Major Chinese companies are public owned. Public companies are better at public welfare as government id the major stakeholder. Hence their objective is to stay at home and create more employment opportunities for locals.

China supply chain is mostly in country, hence the term world factory, they don't really need to source out for anything. India need to source out of their homeland to get anything made... Competitive wise having your supply chain in country with regard to China can be a huge advantage. That why China can make anything Cheaper than most country even though their labor cost is higher than a lot of the developing world.

 

[cnleio]

How many Indian using SmartPhone made in China ?
The Android OS created by American, the Phone designed & produced in China.
Soon our Table PC also will flood in ur market.

 

[KRAIT]

Indians trying hard to convince them selves they are better then china

We are not claiming anything, dude.

How many Indian using SmartPhone made in China ?
The Android OS created by American, the Phone designed & produced in China.
Soon our Table PC also will flood in ur market.

I use Korean product, manufactured cheaply in China, Android based phone and btw Samsung has good research division in India too.

BTW do you know next time you travel in a Boeing plane, its mid air collision system was made by Indian company TCS.

 

[Jade]

China supply chain is mostly in country, hence the term world factory, they don't really need to source out for anything. India need to source out of their homeland to get anything made... Competitive wise having your supply chain in country with regard to China can be a huge advantage. That why China can make anything Cheaper than most country even though their labor cost is higher than a lot of the developing world.

I guess, I am missing your point. I was talking about the general characteristics of public vs private enterprises and here you are talking about supply chains.

Anyway, when you have demand that is coming outside of your country, you should have half the supply chain that lies outside your country. You cannot produce something that has no demand, and full fulling the demand require extensive distribution network. Distribution network is part of that supply chain.

And moreover, demand commands what China should produce and not the other way. Hence unless China owns everything in the world it cannot escape outsourcing. Demand is dynamic hence outsourcing is too

 

[shuttler]

China supply chain is mostly in country, hence the term world factory, they don't really need to source out for anything. India need to source out of their homeland to get anything made... Competitive wise having your supply chain in country with regard to China can be a huge advantage. That why China can make anything Cheaper than most country even though their labor cost is higher than a lot of the developing world.

Correct!

When you read this:

Indian shipyards import 80% of components | Business Line

then you know that is nothing to brag about here!