TVS is not based in Chennai. Its based in Madurai. And Venu srinivasan did not build the TVS company. TVS was conceived and built from scratch by TV sundaram iyengar. Must be the grand daddy of Venu srinivasan.
Re: TVS is from madurai
by CoolGuy on Dec 18, 2010 12:17 PM
You are right, its utterly stupid to write that TVS is a Chennai based company. Come on Rediff TVS had a monopoly in Madurai from decades back and thats where they started.
This is often the result of the outsider bullying his Indian collaborators.
Basically together with the know-how and capital the outsider also bring yet one more component into the JV - their superiority complex and everything else associated therewith.
Some of the business families are much more aristocratic and much more highly mannered and sophisticated than their outsider counter-parts.
When the bullying starts, the Indian resists. A day comes when the resistance level is at the point of explosion and it is usually the Indian partner who shows the outsider the door.
The Indian industrialist is incapable of tolerating a nonsense beyond a certain point. And that is exactly how it should be.
The outsiders must know their limits. They cannot behave like masters when they are just joint owners or rather partners.
Re: Curtailment of the honeymoon !
by cultureshock01@rediffmail.com on Dec 20, 2010 06:34 AM
They must know doesn't translate into actions, you have to fight (literally)
Re: Re: Curtailment of the honeymoon !
by chanakya maurya on Dec 20, 2010 05:19 PM
Despite differences the HeroHonda marriage lasted over more than two and a half decades which is indeed an appreciably long duration for a nuptial note of this nature. Salutes to both the spouses.
The exceptionally long association perhaps warrants the divorce !!!
Most of the joint ventures are formed by the opportunity seeking selfish Multinationals to get a foot hold in India. They wanted piggyback ride on the back of a Indian company as they were unsure of Indian market and success of the venture. As in most of the joint ventures, all their products were outdated in international market, but for Indians they were 'great' - like Maruti800 for those who saw only old Ambassadors & Fiats(Primiere). Once the business is well estabished, they will kick out the Indain partner or start their own with the latest models.
Re: SELFISH MULTI NATIONALS
by Sachin Gupta on Dec 17, 2010 12:46 PM
The indian partner brings in local access, local market knowledge. This the MNC is able to pick up soon. Hence, it wants the partner to go silent. The Govt did a fantastic job to sell its stake to Suzuki, realizing that it was the latter who made cars!!
