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Success in India Requires More Than Risk and Profitability Analyses

Posted by Rana Sinha on 14/03/17 11:07

Many people approaching India from a strict production economy viewpoint and aiming only to maximize the return on their investment and the predictability of their operations will soon encounter their share of challenges. They often have their roots in cultural miscommunication: scheduling conflicts for projects, communication challenges, even personnel issues.

However, many companies manage to succeed in India, bringing in great results from their offshoring, outsourcing and co-operation projects. And no wonder! With a consistent growth rate of 7%, having overtaken the UK’s economy and with several unique achievements like reaching Mars at their first go, India keeps on dazzling with success stories. So, what can we learn from these?

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Topics: Cross-cultural training, Cultural training, Cultural differences, Indian Culture

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