CHANGES IN industry dynamics, typically caused by technology, can lead to doomsday for established players. IBM, which dominated IT for decades, faced it in the early 1990s. It took an outsider, Louis Gerstner Jr, to save the company. But photography giant Eastman Kodak wasn't able to manage a turnaround, and went bankrupt in 2013.
The global auto industry is now facing structural changes with EVs. An ICE vehicle has hundreds of moving parts, so the auto industry's supply chain is vast. Managing this network of thousands became a major entry barrier for new players. By the 1980s, all major players had a significant presence in the three major markets of North America, Western Europe, and Japan, preventing the entry of newer players.
Esta historia es de la edición December 28, 2024 de Financial Express Mumbai.
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Esta historia es de la edición December 28, 2024 de Financial Express Mumbai.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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Special category visa for foreign students
INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.
Stars Who Couldn't Walk the Talk
IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT).
Bajaj Auto's EV charge
LAUNCH OF MASS MARKET SCOOTERS PAYS OFF
Indian-Origin IT Companies Corner a Fifth of H-1B Visas
INDIAN-ORIGIN TECH COMPANIES cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services (TCS) leading the pack, an analysis of data from the US immigration department showed.
A handy tool to make your voice louder
● Simple plug and play design adds to its ease of use
Track kids' location in real-time
A 4G smartwatch with large display and GPS tracking
No need to run an air purifier and room heater at the same time
● It heats in winter and purifies indoor air all year round
Readying talent for the AI era
● GenAI industry to add 1 million new jobs by 2028
A win-win solution
● Platform becomes match-maker for India Inc & startups
Man magnet: Is this the most handsome bike in India?
Those twin parking lights that look like jet engines of Messerschmitt Me 262, that calligraphy on the sides where it says 'Goan Classic', those whitewall tyres, and those raised handlebars... if all this isn't art on wheels, what is?
