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Author Salwan, Prashant, author

Title Navigating in a sea of uncertainty : an emerging economy multinational / Prashant Salwan
Published London : NeilsonJournals Publishing, 2015

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Description 1 online resource : illustrations
Series SAGE Knowledge. Cases
SAGE Knowledge. Cases
Summary This case study concerns an emerging economy multinational Bharat Forge Ltd. (BFL). BFL was founded in 1961 and became the world's largest forging company by 2008-09. BFL manufactured forgings for several industries around the world including the automotive, power, oil and gas, marine and aerospace, and railways industries. The external environment became increasingly dynamic and uncertain from 1991 onwards after Indian market liberalisation. This liberalisation however gave BFL the opportunity to absorb new technologies as well as to build new relations with international players. From 2004 onwards BFL focused on its international business strategy. Due to the global recession's impact on the US, Europe, Japan, China and of course India in 2008-09, BFL's production capacity fell to 20%. This greatly reduced the company's financial standing. Mr Baba Kalyani (BFL's CMD) had to decide on ways to survive the uncertainties and seek a more sustainable competitive advantage moving forward
Notes Originally Published InSalwan, P. (2015). Navigating in a sea of uncertainty: An emerging economy multinational. Journal of International Business Education, 10(1), 353-382. JIBE10-0CS3
Description based on XML content
Subject Bharat Forge Ltd
Forging industry -- India -- Case studies
Exports -- India -- Case studies
Exports
Forging industry
India
Genre/Form Case studies
Case studies.
Études de cas.
Form Electronic book
ISBN 9781526461186
1526461188