Cluster II - An Overview   India Inc. is in an exciting era – unprecedented growth, global acquisitions and increased outsourcing. What makes Indian companies succeed in global markets? Is it only the resource advantage (cheap and skilled labour, a large English-speaking population) or something more than that? A close examination of the successful forays of Indian companies highlights that success comes not from resources alone, but also how companies have been able to leverage these resources through appropriate strategy, structure, systems and innovative approaches. The IT companies have developed skills to recruit and manage a huge talent pool; the engineering companies have developed systems and processes to leverage the local cost advantage with the front-end capabilities of their global acquisitions; many other companies have leveraged their skills gained from operating in a diverse market such as India to develop unique product offerings for the global market. While some of these skills / competencies could be industry specific, many could be adopted by the companies in other industries to accelerate their globalization efforts. The objective of the India Advantage cluster is to identify such factors that have helped Indian companies succeed in global markets and how these can be leveraged across industrial segments. The cluster already has members from diverse industry segments such as Banking (ICICI Bank), IT (Infosys), Textiles (Raymond), Apparel (Gokuldas) and Conglomerate (Mahindra & Mahindra). The cluster is following a case-study approach. It will identify successful global efforts of the cluster members and analyse them to identify success factors. From these success factors, common themes would be identified such as: Building high performance product teams Eco-system for building shared services infrastructure Leveraging technology to build business models and bring down operating costs Last mile training and development Using innovative models to open new markets including the Bottom of the Pyramid