Essay on the Globalisation of Indian Business
The Indian corporate sector has to take a proactive role in bringing globalization of business. Every business entity has to pass through different stages. Firstly, Indian business has to develop exportable surplus for foreign customers.The exporting company should set up its manufacturing unit abroad. It may also set up sales offices and send its own personal staff to those offices and who would work along with countrymen of those countries. But sales personnel’s should be recruited from foreign country.Most of the Indian firms have not adequate capacity to be global. Firstly, they are content with home market, Secondly, many of them are dishonest, who would not be agreeable to foreclosure of information. Image Source: spanish-translation-blog.spanishtranslation.us ADVERTISEMENTS: The outlook of Indian business community is conservative, Businessman lack innovative ideas, many of…