A Business Development Strategy for India's Rail Company Ircon in Expanding Businesses to Asia, Africa and Middle East

2020 ◽  
pp. 1027-1044
Author(s):  
Sandeep Chinnobaiah

The Ircon is one of the key players in the market of transportation infrastructure development backed by Indian government and Indian railways. It has successful presence in various locations such as Malaysia, Algeria, Mozambique, Srilanka and India. The objective of the company is to expand globally to get lucrative projects simultaneously sustain competition locally and overseas. The idea is to devise a strategic marketing plan based on infrastructure spending data, location accessibility and market friendliness of the target market countries. The research design carried out was of comprehensive study of data collected from email survey, archive survey and depth interview analysis on various stages of business. The survey outcomes from exclusively selected respondents having international experience in construction business have indicated that infrastructure spending of a country is of utmost importance with 56% of survey response agreeing to it, similarly majority of respondents agreed that deciding factors like market entry plan, entry strategies and other attributes in markets.

Author(s):  
Sandeep Chinnobaiah

The Ircon is one of the key players in the market of transportation infrastructure development backed by Indian government and Indian railways. It has successful presence in various locations such as Malaysia, Algeria, Mozambique, Srilanka and India. The objective of the company is to expand globally to get lucrative projects simultaneously sustain competition locally and overseas. The idea is to devise a strategic marketing plan based on infrastructure spending data, location accessibility and market friendliness of the target market countries. The research design carried out was of comprehensive study of data collected from email survey, archive survey and depth interview analysis on various stages of business. The survey outcomes from exclusively selected respondents having international experience in construction business have indicated that infrastructure spending of a country is of utmost importance with 56% of survey response agreeing to it, similarly majority of respondents agreed that deciding factors like market entry plan, entry strategies and other attributes in markets.


Author(s):  
Sandeep Chinnobaiah

The Ircon International Limited is major player in rail infrastructure development backed by Indian government and railways. It has presence in Asia, South East Asia, and the Middle East. The idea is to devise a strategic marketing plan based on infrastructure spending data, location accessibility, and market friendliness of the target countries. The research design carried out is of comprehensive study of data analysis from email survey, archive survey, and in-depth interview. The survey data outcomes from relevant sample respondents having international experience in construction business have opined that infrastructure spending of country is of utmost importance in market development, also the deciding factors like market entry plan, entry strategies, and attributes determined penetration level into various markets. The data emphasis for restructuring businesses also summarized Ircon's lacking in marketing and financing means for large-scale projects.


2017 ◽  
Vol 31 (1-2) ◽  
pp. 139-152
Author(s):  
Kedar Dahal ◽  
Krishna Prasad Timalsina

 Increasing urbanization has been a major challenge to tackle issues relating to population growth, housing, infrastructure development and urban management in Nepal. Initiatives have been taking by the stakeholders of urban sectors in different course of action plans. New town development, smart city development, preparation and implementation of various strategic plans and action plans are some of the initiatives undertaken by the Ministry of Urban Development, Government of Nepal. At present, the Ministry of Urban Development is preparing intervening plans and programmes to 40 towns for planned urban development in Nepal. Some of these towns are already in pace of development and some others are in infancy stages. Balance urban development strategy so far is a strategy of government of Nepal however theory of political economy of development is inherently coming in selection of the towns, and basically in implementing the plans. Therefore, most of the prepared action plans are in question of effective implementation. Among the prioritized new towns of Nepal, some of these towns particularly smart cities are in very infancy stages of infrastructure development in which ‘smartness’ itself falls into huge dilemma. Therefore, more challenges are added in implementing the smart cities into action plan. However, new towns of Hilly and Tarai-Madhesh area will definitely provide the opportunities to cater population and create more opportunities. In this context, this study focus on the new town development and their spatial distribution in Nepal through the collection of primary information and review of previous literature.


2019 ◽  
Vol 3 (1) ◽  
pp. 22
Author(s):  
Willem Thobias Fofid ◽  
Anggoro Sutrisno ◽  
Wisnu Handoko

This article aims to analyze the policy strategies implemented for the commercial shipping development of the Apo Dock in Jayapura port to improve port performance towards strengthening the sea highway program. Apo Dock as a shipping commercial in Jayapura port has weaknesses as identified by the observation and the study of primary data. These weaknesses have resulted in price disparities for the Papua province as port functions well as a logistical hub. Based on the Strengthen-Weakness-Opportunity-Threats (SWOT) analysis results, it was concluded that the Apo Dock performance as the Jayapura Port Commercial Route was in quota I with a position (0.83; 1.44). The strategy used by Jayapura port to develop commercial shipping to be more efficient in accordance with its function as the strength-opportunity (SO) strategy. The SO strategy strengthens the commercial shipping function as a support base for the economic development centers and a government supporter in MP3EI, the commercial port facilities and infrastructure development were established in order to support all port activities and efficiency, and develop hinterland areas to maximize the busy and crowded commercial shipping hub.


2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Luh Putu Sinthya Ulandari

One of the private hospital successful implementation the National Health Insurance with cost efficiency without neglecting the quality of service is An-Nisa Hospital. This study aimed to finding out the strategy of An-Nisa Hospital in the implementation of the National Health Insurance with Balanced Scorecard. The research was conducted in May 2018 using qualitative approach. Data was collected through in-depth interview to 7 informants from hospital and 2 informants from BPJS Kesehatan. The subjects were selected purposively and the data was analyzed using thematic analysis. The results show that there are several strategies that have been developed and implemented, including: adding types of services, increasing the capacity of inpatients and polyclinics, increasing doctor practice slots, completing medical equipment, applying the principle of low cost and increasing working capital, choosing JKN patients as target market, develop 5 values propotition, complaint management, develop standard operating procedures, develop drug formulary and clinical pathways, carry out operational and audit controls, build business models, form casemix teams and claim management, develop training, giving reward and good salaries, build a competitive work environments, and pay attention to employee career paths. Through this strategy, An-Nisa Hospital is able to implement the JKN Program well and still record a surplus without sacrificing service quality


2019 ◽  
Vol 1 (1) ◽  
pp. 67-74
Author(s):  
Kamal Pandit

Connectivity has always been a hindrance for landlocked countries to efficiently deliver their products and services across the globe. Such issue is no different in case of Nepal. Being a mountainous and landlocked country, Nepal is facing problems in trade, transportation and economic development. The introduction of the Belt and Road Initiatives by China to improve trade and connectivity among its member countries brings a new hope of economic prosperity. One can simply argue on the dark side of the project through media evidence illustrating the case of Hambantota Port, Sri Lanka. The purpose of the paper is to identify and formulate strategies for implementing the BRI projects in Nepal for enhancing economic development through connectivity. Paucity of academic discourse on the implementation strategies of the BRI project in Nepal was one of the motivating factors for this research. Literature review forms the major portion of research methodology and critical analysis has been done to derive conclusions. During the last 4 decades, China had an impressive achievement transforming itself from agricultural economy to world class digital powerhouse. It was found that from hardworking farmers, they have moved to become a traveller for pleasure and business. And now with its global development strategy involving infrastructure development and investment in more than 150 countries, it is at the edge of becoming the super power of the world. Nepal’s participation in the BRI goes beyond physical connectivity as we share history immemorial in terms of trade, religion, ideas and culture. The connectivity projects will definitely shape the trade of Nepal through exposure and efficient custom and transit transport procedures overcoming the problems in trade, transportation and economic development.


Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-16
Author(s):  
Wu Hao ◽  
Syed Mehmood Ali Shah ◽  
Ahsan Nawaz ◽  
Ali Asad ◽  
Shahid Iqbal ◽  
...  

This paper examines how the latest mega plan and the Belt and Road Initiative (BRI) will impact the geopolitics of energy and infrastructural development. With a massive change in the supply and demand of global energy and its infrastructure, the transition of international energy order is in the making. While the US is going towards a more isolationist path from its traditional superpower role, there are rising economies such as China, India, Japan, and Russia which are undoubtedly playing a vital role in the geopolitical stage and the other development endeavors. Several regions such as Central Asia, the Arctic, Eastern Mediterranean, and the South China Sea are offering substantial natural gas and oil reserves and drawing global attention to develop energy cooperation. This situation is profoundly influencing the transition of energy order. In this transition, BRI is supposed to play an important role. As a mega development strategy with a robust geostrategic dimension, it purposes to advocate interconnectivity collaboration in framework, exchange, and advancement among the partaking nations. This super arrangement offers a lot of ventures, foundation developments, and modern reconciliation in the energy sector. The country is trying to establish a multilateral platform for endorsing and shielding energy cooperation under BRI. This paper, therefore, attempts to observe how this mega plan will contribute to reshaping the existing energy order as well as the geopolitics of energy with motivation on multifaceted energy collaboration.


2015 ◽  
Vol 4 (1) ◽  
pp. 85-91
Author(s):  
Mark Dodds ◽  
Larry DeGaris ◽  
Alan L. Morse ◽  
Luisa Velez-Colon ◽  
David Perricone

Claire Monroe was challenged to increase a minor league baseball team’s revenue and was in charge of developing a marketing plan to target female baseball fans. This would be a new target market for the team. The increasing female fan base can create revenue for baseball franchises through ticket, merchandise, and concession sales, as well as connecting with sponsors who specifically target female customers. Although there are many gender similarities in regards to fan avidity, there are important differences between the sexes in terms of motivation, media, and merchandise needs. Claire must research the target audience, analyze marketing research data, and make recommendations to increase female attendance to have those women spend more money on baseball-related items.


Industrial policy has long been regarded as a strategy to encourage sector, industry, or economy-wide development by the state. It has been central to competitiveness, catching-up, and structural change in both advanced and developing countries. It has also been one of the most contested issues in economics, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the economic, social, and political consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and novel approaches to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macroeconomic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, the Handbook offers valuable lessons and policy insights to policymakers, practitioners, and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technological change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thoughts from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.


2013 ◽  
Vol 17 ◽  
pp. 685-692 ◽  
Author(s):  
Endang Setiawati ◽  
Suprihanto Notodarmojo ◽  
Prayatni Soewondo ◽  
Agus Jatnika Effendi ◽  
Bambang Widjanarko Otok

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