Identify prospects in regions and sectors, says Limsay
India as the fastest growing large economy of the world holds significant promise not just for Singaporean enterprises but also global corporations based out of the Asian financial hub strategically located in the midst of world trade routes.
Taking note of the importance of India-Singapore partnership, Vikram Limsay, Founder & Managing Partner, Helicon Consulting of India, believes collaboration will yield disproportionate economic benefits for the two business-commerce focused countries.
The trick is to be open to each other and trust mutual strengths and work to collaborate in every aspect of doing business and offer world-class products and services.
Limsay pointed out, “India is a country of continental dimensions with diverse regional complexities. While the 6% GDP growth is an average indicator of growth in India, there are certain states and sectors that operate above that average.
“Understanding and identifying prospects in regions and sectors that offer maximum opportunity will be beneficial for those wanting to engage with India.”
Understanding policy and governance complexities born out of a complex federal state structure will be an advantage, advised Limsay who attended an international conference on India in Singapore.
An ecosystem approach and process driven operating model will help in succeeding in this large market, he said on the sidelines of the conference hosted by Horasis of Switzerland.
Specifucallly for MNC’s to win technology investments and data driven business models along with localising their business model will be key differentiator, said Limsay who heads the Bangalore-based advisory.
The conference, co-hosted by Global Schools Group and Confederation of Indian Industry at the One World International School Digital Campus was held 15-16 Dec. fiinews.com
