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Past Issue • Jul-Sep 2012

Competing through Innovation

Innovation is the key contributor to the growth and internationalisation of Indian industry in recent years, suggests Professor Amitava Chattopadhyay. In this article, he discusses the building blocks of innovative organisations that have enabled them to compete effectively in India and abroad, and also considers the impediments that prevent Indian businesses from achieving their full growth potential.

In the past decade, the Indian industr y has not only grown at a rapid rate, but has also established a global presence. This growth and internationalisation has been in product (e.g., Ranbaxy, Mahindra and Mahindra) and service businesses (e.g., Bharti Airtel) catering to end consumers (e.g., Tata Chemicals) as well as businesses (e.g., Wipro).

ABOUT THE AUTHORS

  • Amitava-Chattopadhyay-Feb7-2014_1

    Amitava Chattopadhyay

    GlaxoSmithKline Chaired Professor of Corporate Innovation, INSEAD and Co-author of the book, “The New Emerging Market Multinationals: Four Strategies for Disrupting Markets and Building Brands”.
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