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Multinationals at the Gate: Top ten Learnings from India R&D centre
JamBuster Technologies Pvt. Ltd, Jan 2006, Pages: 13
This research was founded to provide insight into globalization of multinationals’ R&D resources with focus on India. The founding team brings 21+ yrs of US R&D management experience.
In 1985, Texas Instruments started its R&D operations in India, pioneering a trend. We have reviewed more than 100 multinationals that followed to understand why this trend is gathering momentum. An impressive conclusion is that almost every R&D center is growing despite of all the accidental learning’s. This report has analyzed data to come up with top 10 mistakes to avoid for companies looking to start an India R&D center. Here are a few of those:
10. Thinking in dollar & not in rupees.
09. Using a western consulting firm to learn about India.
08. Giving charge to a manager who is never been to a developing nation.
07. Thinking how different rest of the India can be from Bangalore?
06. Giving 100+% higher salaries than local salaries to lure existing talent.
05. Not informing and making middle management stakeholders from beginning.
04. Not looking at the India as a fast growing market.
03. Making a glossy announcement before securing land.
02. “Build & They Will Come” approach.
01. Going to Bangalore because every other multinational is there.
This review provides insight into success of multinationals into tapping India as a R&D resource and build on it for the fast growing Indian market. It builds on our unique experience in spotting subtle but resonating technology trends.
This report is meant to serve as the first reference for companies planning to open an R&D center in India and leverage the past experiences.
This review provides insight into success of multinationals into tapping India as a R&D resource and build on it for the fast growing Indian market. It builds on our unique experience in spotting subtle but resonating technology trends.
This report is meant to serve as the first reference for companies planning to open an R&D center in India and leverage the past experiences.
Data Collection:
Most of the data used in these reports were collected through direct, primary contact during September 2005 through March 2006. A limited amount of secondary data, obtained from reputable sources, has been used but only after being spot-checked.
A summary of our data sources is available to our customers, upon request and for a small handling fee.
Category
People
Methodology
Educational Institutes: NAAC Rating, Websites, Various Ratings. National Labs: CSIR website, calls and emails to institutes. Corp R&D Labs: Websites, Cross references.
Category
Real Estate
Methodology
Data from Money Outlook (Mar 2005 -Mar2006)– Real Estate Section, Actual Builder spot calls, double checks through Colliers International Asia Pacific (India Report Sept 2005) & Knight-Frank Pune Office. Other sources Real Estate sections in Times of India & Economic times.
Category
Infrastructure
Methodology
Roads: Actual city visits (Aug 2005 – Jan 2006).
Power: State electricity Boards – telephone calls to check black-out times.
Telecom: Communication with Reliance, Tata-VSNL & BSNL for services offered.
Water: Determined water supply and schedules searched the relevant newspaper sites for water supply.
Category
Cost of People
Methodology
Spot Interviews, HR Contacts, Salary Surveys.
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