The targets were stupendous and considered unachievable by almost everyone. Slightly over two years to find a suitable partner, finalize all legal documentation, get governmental approval to these agreements as well as to the investment proposals, build a factory, develop a supplier base to meet localization regulations, create a sales and service network, and develop and launch a people's car that would sell 100,000 a year, in a sector where Indian expertise ...
Padma Samhita Critically ed. in English (In 2 Vols.)
Back in 1993, American Express launched its rupee cards in India. It was an operation similar to those it was running in other countries. Except for the curious fact that while the quality of the operations seemed to be better than elsewhere, the costs were much lower. Certain that something was wrong with the figures, the company’s comptroller visited India, and found that the reports were indeed correct. That initial discovery would lead, shortly after, to ...
