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Last modified: Tuesday, May 30, 2006

IUís Kelley School offers free symposium about doing business with China and India

FOR IMMEDIATE RELEASE:
May 30, 2006

INDIANAPOLIS, Ind. -- Indiana University's Kelley School of Business' Center for International Business Education and Research will offer Indiana business and community leaders a free symposium, "Asian Powers: India and China," on June 7 from 2 p.m. to 4 p.m. at the Indiana Repertory Theatre, 140 W. Washington St., Indianapolis.

The event is a follow-up to a successful executive symposium last June on the large emerging economies of Brazil, Russia, India and China. The Indiana Humanities Council will co-sponsor this year's symposium along with the Kelley School as part of the Indiana Leadership Conference.

The symposium will provide an opportunity for Indiana business executives and community leaders to consider how India and China are changing the economic landscape. They also will discuss opportunities and challenges such changes bring about for Indiana and plan how they should respond.

Kelley School Dean Dan Smith will provide the opening address. Other speakers will include:

  • Steve Chapman, group vice president, emerging markets, Cummins Inc. The Columbus, Ind.-based company was one of the few foreign investors to respond when China opened its doors to western companies in the 1970s. Over the last three decades, Cummins has expanded its activities in China significantly from a licensing arrangement to substantive direct investment and several joint ventures. Chapman will present what Cummins has been able to accomplish in China, Cummins' vision of China's future and some of the lessons they have learned that could be of value to Indiana businesses.
  • Rajiv Gulati, director of China/India strategy, Eli Lilly and Co. Eli Lilly has been active in India for several years and currently runs its wholly owned subsidiary in India -- which Gulati previously led -- as well as several strategic alliances in drug manufacturing and clinical research. Gulati will present recent developments in India's economic landscape. He will discuss India's potential and ways Indiana businesses can tap in to this market, and will suggest practical approaches.
  • Surya Kant, president, TCS America. Tata Consultancy Services Limited (TCS) is the largest global IT consulting and services company headquartered in India. China and India are sometimes viewed as low-cost centers to counter rapidly rising wages in the West. However, real wage differentials, particularly in high-tech sectors, are declining rapidly. Chinese and Indian firms are increasingly focusing on innovation and investing in R&D. Less is known about how emerging market firms approach and adopt innovation. Kant will present the TCS case study and highlight how it innovates and adopts innovation to compete globally.
  • Charles Dhanaraj, associate professor of management, IU Kelley School. The manufacturing exports of China and service exports of India have dominated our perception of these markets. In recent years the focus is shifting to the growing strength of the domestic markets and the re-alignment of political forces to focus on economic growth and development. Dhanaraj will present an overview of these trends and what these trends imply for Indiana businesses.

Registration to the event is free, but limited to 300 people. Additional details and registration information is available at http://www.iubric.org.