| What is the objective behind
having the India Advantage cluster in the overall
initiative? What is the criticality of the cluster
to the success of this initiative? |
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| The ‘India Advantage’
cluster aims to identify the India-specific advantages
that could help Indian companies evolve innovative
business models / products / practices to leapfrog
in global markets. The India Advantage could be
in terms of resource advantage (such as availability
of skilled labor force, large market) or the skills
developed by operating in this market. The focus
of this cluster is to identify the unique skills
/ competencies developed by companies operating
in Indian market and to explore how they can be
extended to the global markets. The cluster will
also draw lessons from the experiences of current
Indian global players, which could be useful for
the country as a whole. |
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| What is the broad approach
(framework, process) of the cluster? |
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| We would follow the case study approach.
First, we would identify the successful products
/ services / business models of Indian companies
in both global and Indian (with the potential to
go global) markets. We would analyse these successes
in detail to understand what specific India Advantage
has been leveraged in these successes. We will also
explore how each of these ‘India Advantages’
can be leveraged across the businesses of cluster
members. |
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| What would the cluster do
to achieve its objectives? |
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| Preparation of case studies |
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| Creating generic frameworks that
could be applicable for the cluster members |
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Ex: Building high performance
product teams |
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Ex: Last mile training and
development |
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| Detailed interactions between cluster
members to benefit from each others experiences |
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| To be decided based on the June
25 meetings |
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| What will be the performance
indices for the cluster? |
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The No. of active members |
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No. of cluster meetings /
cluster interactions, etc., |
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| What are some of the innovations
that the cluster will bring to the initiative? |
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| This is the first time Industry
is trying to identify the country-related success
factors and leverage them across the industries.
So far, the effort has been only benchmarking the
best practices in terms of processes and systems. |
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| What is the road map for
the cluster in the next 6 months to one-year time
frame in terms of activities (workshops, training
programme, site visits etc)? |
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| Will be decided at the June 25 meeting,
based on the requirement of cluster members. The
broad roadmap is: |
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Regular cluster calls –
once in a fortnight |
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Face-to-face cluster meetings
– once in two months |
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A few company visits to have
detailed discussions with the practitioners |
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