Because of rapid economic growth in the last couple of years, people nowadays think that Indian business is endowed with some special qualities. The India Way talks approvingly of Indian values and flexibility/ adaptability in jugaad. This is a very exaggerated view.
Look at the massive fraud at Adidas Reebok's Indian operations. The CEO ran a secret warehouse stuffed with stolen Adidas products! Japanese firm Sankyo had to bear a whopping loss after acquiring Ranbaxy. So a restrained view of Indian business is necessary.
Look at the massive fraud at Adidas Reebok's Indian operations. The CEO ran a secret warehouse stuffed with stolen Adidas products! Japanese firm Sankyo had to bear a whopping loss after acquiring Ranbaxy. So a restrained view of Indian business is necessary.
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