Current Business Opportunities and Challenges in China and India
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1 Current Business Opportunities and Challenges in China and India A Panel discussion at Discovery Park, Purdue University West Lafayette, IN, March Sponsors Led by Dr.Parasuram Balasubramanian, Entrepreneur in Residence Discovery Park, Purdue University West Lafayette, IN, 47907
2 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?
3 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?
4 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
5 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
6 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. Associate Vice President and Head, Microsoft Technology Center 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.
7 Current Business Opportunities and Challenges in China and India A.Vishwanath 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.
8 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
9 Source: NationMaster.com
10 Source: NationMaster.com
11 Source: NationMaster.com
12 Sectoral composition China: Composition of GDP % % % % % % Industry Services Agriculture Source: Internal elaboration on World Development Indicators database, September 2008 USA data : Agri 1.2 % Industry 19.8 % Services 79 % (2007 ) Source :
13 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
14 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 /premier_wen_jia.html Need to develop capital markets and banking services Building innovation & entrepreneurial Base and skill sets
15 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
16 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
17 A Noteworthy initiative from Abu Dhabi A Noteworthy initiative from Abu Dhabi
18 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
19 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 Zerowaste 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
20 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
21 Current Business Opportunities and Challenges in China and India Thank you for the participation Sponsors
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