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Current 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.

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slide1

Current 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

slide2

Current 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?
slide3

Current 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?
slide4

Current Business Opportunities and Challenges in China and India

  • Introduction to the Workshop 5 minutes
  • Moderator’s preamble 10 minutes
  • Presentation by panelists 3*15 45 minutes
  • Interactive session among panelists 30 minutes
  • Audience interaction 20 minutes
  • Summation 5 minutes
  • Vote of Thanks 2 minutes
slide5

Current 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

slide6

Current 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

slide7

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, M&A and technology absorption opportunities for the Tata Group.
  • Vishwanath is a member of the Tata Administrative Service (TAS), Tata Group’s 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.

slide8

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
sectoral composition
Sectoral 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/united_states/gdp_composition_by_sector.html

slide13

India’s 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
slide14

China’s major growth issues

  • China’s 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 People’s Congress 2005 http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2009/03/premier_wen_jia.html

  • Need to develop capital markets and banking services
  • Building innovation & entrepreneurial Base and skill sets
slide15

Current 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
slide16

Current 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
slide17

A Noteworthy initiative from Abu Dhabi

A Noteworthy initiative from Abu Dhabi

slide18

A Noteworthy initiative from Abu Dhabi

  • Masdar City is being built in Middle East at a cost of $22 billion.
  • Designed to be the world’s 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
slide19

A Noteworthy initiative from Abu Dhabi

  • Masdar City is being built in Middle East at a cost of $22 billion.
  • Designed to be the world’s 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
slide20

A Noteworthy initiative from Abu Dhabi

  • Masdar City is being built in Middle East at a cost of $22 billion.
  • Designed to be the world’s 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
slide21

Current Business Opportunities and Challenges in China and India

Thank you for the participation

balasubp@gmail.com

Sponsors