India is the world’s sixth largest military spender*. Why should it lag behind with regard to R&D in the defence sector?
Research and Development (R&D) activity in India has generally been neglected, and has been dominated by government-owned organisations. This is particularly true in the aerospace and defence (a&D) sector, where government organisations such as Defence Research and Development organization (DRDo) labs, gas Turbine Research Establishment (gTRE), Council of scientific and Industrial Research (CsIR), and Defence Public sector Undertakings (DPsUs) undertook almost all R&D until the early 2000s. however, once the defence sector was opened to private and foreign investment, India has evolved into an attractive destination for R&D, simulation, and engineering services due to its inherent advantages—a large number of qualified, low-cost engineers and scientists.
In the last decade and a half, the country has welcomed private foreign investment in R&D with the government’s policy support and tax incentives. This has resulted in global a&D majors such as airbus, Boeing, snecma, Textron, honeywell, Rockwell, and gE aviation establishing their technology and engineering centres in India. out of these, some companies have also engaged with academic institutions here for their design and development programmes.
Denne historien er fra September 2016-utgaven av Indian Management.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 2016-utgaven av Indian Management.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Trust is a must
Trust a belief in the abilities, integrity, values, and character of any organisation is one of the most important management principles.
Listen To Your Customers
A good customer experience management strategy will not just help retain existing customers but also attract new ones.
The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.
