Managing Global Competitiveness in the Indian Industry: A Case of the Power Sector
IIMC Working Paper No. 396A-2001
14 Pages Posted: 2 Jan 2007
Date Written: January 2001
This paper attempts to present an approach for global competitiveness by achieving sustainable corporate growth in the Indian power sector. Sustainable growth is the process through which managers ensure the long-term growth of their firm in its environment. Indian power sector is beset with a huge demand-supply gap and hence presents scope for endurable development for a firm with the right kind of attitude. Energy infrastructure policies that balance the demand and supply in the context of ecological concerns will have a critical impact on the development of the sector. A trade-off between the benefits of economies of scale, appropriate vertical integration and appropriate geographical coverage will determine the sustainable growth of enterprise. The firm will have to develop and/or acquire the desired characteristics for growth - like financing arrangements, strong asset base and effective external relations. While deciding on expansion, the firm will have to analyse the competition intensity and consider the important determinants for business responsiveness like resource optimisation, organisation effectiveness and feedback.
Keywords: Global Competitiveness, India, Power Sector, Sustainable Growth
JEL Classification: L94, N75, M10
Suggested Citation: Suggested Citation