Friday, June 17, 2011

Invest In Asia


Why Corporations are interested in investing in Asia
All people do ask this question and ask it all the time.
Few years back the straight forward answer was the cost to the company is very less.  Globalization helped in the phenomena of free trade.
Main intention of any organizations is to provide a solution to a customer problem.
The whole structure of the organization i.e. to invent, develop, design, manufacture products to solve a problem.
India's highly skilled professionals, low-cost operations, a booming economy, good telecommunications links and a rapidly growing market have made many companies announce big investments or increase existing investments in the country.
One of the quote:- "We depend on India for manpower that is why we are scaling operations here. We have 4,000 people today and we will be 7,000 over the next three to four years. We are hiring as fast as we can"
India has a fantastic pool of engineering professionals. The world needs to benefit from this. Nobody ever think with so little product companies software services sector will grow so strong as it has grown here.
But after a decade, if we just pause a moment and think, why is it that organizations invest in Asia. It started with low cost centre. Solving problems in more cost centric manner is highly acceptable.  
But times have changed; right now it is a matter of scale.
How many research and development can be started in parallel? How fast can we bring products to the market? How fast can we get in people together?
The low cost centre is not the deciding factor right now. The factors of deciding are products to market. It’s a race where all organizations would like to bring products in the market as much less time as possible.
Only with scale of operations you could get this in place.

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