Piedmont Electronic Paging Device's India Strategy

             Given that the demand for Piedmont Pagers has grown so rapidly in the
             past few years, and also given the explosion in the need and demand for
             faster and more efficient forms of communication, the next logical step for
             the Piedmont Company seems to expand its reach into the international
             market through a direct investment initiative to establish assembly and
             company operations in a key developmental market. Although numerous
             countries have been considered, including Brazil, China, Dominican
             Republic, Malaysia, Malawi, Mexico, Philippines, United Kingdom, India is
             India offers many unique advantages. It boasts a highly educated
             workforce, particularly on a technical level. However, this labor force is
             also relatively inexpensive and located in concentrated areas. India has
             strong ties with the European world, because of its previous colonial
             status with England. Its native language is English, although many
             languages are spoken throughout this diverse land. It also has a large,
             ever-expanding population that offers an ideal market opportunity for
             Piedmont, and will also establish Piedmont's presence within another region
             of the globe, which expansion into a European nation would not.
             According to the Internet web site indiaserver.com's article on "Doing
             Business in India: India's economic policies "are designed to attract
             significant capital inflows into India on a sustained basics and to
             encourage technology calibration agreements between Indian and foreign
             firms." Specifically, policy initiatives by the government "over the last
             few years have resulted in significant inflows of foreign investment in all
             areas of the economy, "except those reserved for the public sector."
             This phrase, by and large, speaks highly of India's attractiveness for
             investment. However, the last phrase regarding the public sector does
             contain a caveat for the prospective manager. ...

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Piedmont Electronic Paging Device's India Strategy. (1969, December 31). In MegaEssays.com. Retrieved 23:15, April 26, 2024, from https://www.megaessays.com/viewpaper/200662.html