<\/figure><\/div>\n\n\nThe new emerging Indian brands like OYO, OLA and Zomato are already expanding out of their home markets. We need to admire their spirit and learn from these new companies and who have had the courage to move out of their homeland. It\u2019s easy to setup a sales office, but to establish operations & nurturing it in a foreign land is courageous step. This is the courage & vision Indian companies need to build for themselves.<\/p>\n\n\n\n
There are several international companies who have taken this path. For going global, a corporation needs to study local markets and their own individual needs. IKEA and Toyota can be great case studies. Both faced initial difficulties when going global. However, their success came when they realized what worked in their home markets won\u2019t work in other markets. There is a saying in chess, \u201cYou can only get smarter by playing a smarter opponent\u201d.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n History has shown us that economies have flourished by expanding globally. So in the future, the key focus for India needs to be global expansion of Indian brands by setting up a new home in foreign lands. Although a huge risk and investment, this will encourage competitiveness and push innovation across industries, while putting India on the global map and giving our corporations countless business lessons. Furthermore, these innovations will also improve the Indian quality of life.<\/p>\n\n\n\n
And that future is now. Our previous generations have enjoyed the comforts of import and local competition only. Being blessed with natural resources made Indians risk-averse, enjoying simpler career paths. However, it\u2019s the responsibility of our generation to pave the way towards making India a truly global economy. This is the only path that will make India a global leader and influencer, instead of a follower.<\/p>\n","protected":false},"excerpt":{"rendered":"
Analyzing the colonial era and World Wars, this paper aims to explain why India, despite having been a historically abundant region, couldn\u2019t bounce back after the suffering sustained in World War II like … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":18,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,118,120],"tags":[4,5,6,3],"_links":{"self":[{"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/posts\/12"}],"collection":[{"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/comments?post=12"}],"version-history":[{"count":2,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/posts\/12\/revisions"}],"predecessor-version":[{"id":1224,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/posts\/12\/revisions\/1224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/media\/18"}],"wp:attachment":[{"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/media?parent=12"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/categories?post=12"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opiniown.com\/wp-json\/wp\/v2\/tags?post=12"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}