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Thursday, August 23, 2007

Responding to the Rising Rupee: Why Indian Firms Must Rethink Their Business Models

As India Knowledge@Wharton recently reported, many Indian companies and industry organizations -- especially those that are export-oriented -- have been complaining about the strong rupee's negative effects on their operations. Some have urged the Reserve Bank of India to intervene. Jitendra V. Singh of Wharton's management department -- who takes over as dean of Singapore's Nanyang Business School on September 1 -- has a different view. In this opinion piece, Singh argues that Indian firms should use the rupee's strength to their advantage by adapting their business models in innovative ways, much as Japan's automakers did during the 1980s. Read more...

posted by Charles Monat Associates at 9:25 AM


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