Keynote session on Billions of Entrepreneurs - how China and India are re-shaping their future and yours?, Prof Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School

Copyright Tarun Khanna 2008

NASSCOM

Mumbai

Tarun KhannaHBS

February 15, 2008



Machimaar Village, Mumbai


Machimaar Village, Mumbai“The fishermen were here first ... when Bombay was a dumbbell-shaped island tapering, at the center, to a narrow shining strand beyond which could be seen the finest and largest natural harbor in Asia.”

Midnights’s Children. Salman Rushdie



Property Rights

China

Err in direction of public interest

India

Err in direction of private rights


Caijing

Tehelka

Information


Information

China

Noise-free but biased

India

Noisy but unbiased


China and India

Infrastructure Scorecard

China India

Roads Power Phones

Legal System Intellectual Property Risk Capital CEO Market

Tailored to MNCs Indigenous


China and India

China Leads India Leads

Consumer Autos Pharma SoftwareElectronics Mass Specialty Biotech Films, Banking

Advertising

Source: Adapted from “China & India: The Race to Growth” Roundtable discussion: Sinha, Khanna, Woetzel, Farrell.McKinsey Quarterly September 2004

HaierHuaweiWahaha

InfosysWiproBiocon


ShanghaiStock Exchange

NationalStock Exchange

Equity Markets


“DEERE JOHN, I HAVEFOUND SOMEONE NEW.”The Mahindra Company ©2006 Mahindra USA, Inc._____________________________________An independent survey says it all. 82% of folks who’ve owned botha Mahindra tractor and a Deere said they’d buy another Mahindra.We don’t blame the competition for being green with envy.Stop by sometime at mahindrausa.com. Cultivate your dreams®_____________________________________

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From Nashik to Nanchang

“We’ve ensured that the handful of Indian expatriates all report to Chinese bosses; they are none the worse for it.”

Institutional ownership. Global capital.

Indian engineers. Nashik

Chinese senior management & ops. Nanchang

Tractors to California


China + IndiaThe Power of 2!

SuspensionSuspension

MexicoMexicoMonterreyMonterrey

SystemSystem

ChinaChinaBeijingBeijing

117 Parts117 Parts

AsiaKorea, Taiwan4 Parts

W. EU

4 Parts

22 Parts

USA, Canada

18 Parts

360 Parts360 Parts

47 Parts

GeneratorGenerator

IndiaIndiaBangaloreBangalore

122 Parts122 Parts

N. AfricaMorocco23 Parts

E. EUPoland

1 Part1 1

PaPartrt

Photo

Proteu

s

MO-03


Huawei, HaierWhere to Innovate?

IFC Investment Profile

Domestic54%

North-South36%

South-South10%

Domestic

North-South

South-South

South–South FDI (percent)

0

5

10

15

20

25

30

35

40

45

1995 1999 2000 2001 2002 2003

South–South FDI(percent)


Keynote session on Billions of Entrepreneurs - how China and India are re-shaping their future and yours?, Prof Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School

Business

india china

parts e

parts usa

property rights china

parts asia korea

biased india noisy

information china noisefree

mahindra usa