
India is transforming in every direction, isn’t it? Indian Companies are expanding their wings in foreign countries. Indian multinationals have invested $522 million in the US. This is increasing at eighty percent from investment level in 2003.
Indian CEOs are moving to the US to find the core rules and to absorb it in them. Sudhakar Ram is the CEO of a company whose UK and Asian units were making consistent growth while the US division was not. He then moved to Edison, NJ to learn more about the US.
He implemented the learning there and now his US unit has grown about 50 per cent since he arrived. Forbes.com interviewed Ram about the suggestions he wants to give to his fellow Indian CEOs.
Here are the tips that may be helpful for CEOs planning to go US.
# You need a couple of years to understand the market and to see the process to expand business there.
# Visit to the US is necessary at least once.
# Corporate America is facing the problem of technological legacy.
# Communication at lowest level in the US will give Indian CEOs the rules to succeed.
# The regulatory system is well established in the US that India lacks.
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Some tips for Indian CEOs planning to go to U.S.
Made Popular Jul 8 2006
India :
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