Asian Paints Ltd has successfully expanded globally without detracting from its core domestic market in India for three key reasons: 1) Financial performance in India remained strong as the company took continuous innovation in domestic operations and leveraged domestic strengths for global expansion; 2) They established a strong domestic footing before looking outward through a derisking approach to globalization; 3) They reduced domestic material costs to finance global acquisitions while doubling sales and reducing working capital 50% domestically. The international market saw 110.77% growth from 2004 to 2005, implying significant potential for further growth and profitability abroad.
Asian Paints Ltd has successfully expanded globally without detracting from its core domestic market in India for three key reasons: 1) Financial performance in India remained strong as the company took continuous innovation in domestic operations and leveraged domestic strengths for global expansion; 2) They established a strong domestic footing before looking outward through a derisking approach to globalization; 3) They reduced domestic material costs to finance global acquisitions while doubling sales and reducing working capital 50% domestically. The international market saw 110.77% growth from 2004 to 2005, implying significant potential for further growth and profitability abroad.
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Asian Paints Ltd has successfully expanded globally without detracting from its core domestic market in India for three key reasons: 1) Financial performance in India remained strong as the company took continuous innovation in domestic operations and leveraged domestic strengths for global expansion; 2) They established a strong domestic footing before looking outward through a derisking approach to globalization; 3) They reduced domestic material costs to finance global acquisitions while doubling sales and reducing working capital 50% domestically. The international market saw 110.77% growth from 2004 to 2005, implying significant potential for further growth and profitability abroad.
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PPTX, PDF, TXT ou leia online no Scribd
ASIAN PAINTS LTD
BY:
DEEPANSHU SACHDEVA.
GAURAV GUPTA
NIPUN KHULLAR
VIKASH KUMAR
SUBHOJOY CHANDAQ1. DOES GLOBAL EXPANSION DETRACT
THE COMPANY FROM ITS CORE MARKET
NO, GLOBAL EXPANSION DOES NOT DETRACT THE
COMPANY FROM ITS GLOBAL MARKET
REASONS:
— FINANCIAL PERFORMANCE OF DOMESTIC MARKET REMAINED
SOUND
— THE COMPANY TOOK CONTINUOUS INNOVATION — IN
OPERATIONS IN DOMESTIC MARKET
— LEVERAGED DOMESTIC STRENGTH IN GLOBAL OPERATIONS
— THEY PLAY THE DOMESTIC OPERATION ON A STRONG FOOTING
BEFORE LOOKING OUTWARD, AS THEY TAKE A DERISKING
APPROACH TO GLOBALIZATION
— THEY ALSO REDUCE THE COST OF MATERIAL IN DOMESTIC
MARKET TO FINANCE GLOBAL ACQUISITIONS
— DOUBLED THE SALES AND BROUGHT DOWN WORKING CAPITAL
BY 50% IN DOMESTIC MARKET2005.00 2004.00 2003.00 2002.00
ICONSOLIDA| CONSOLIDA] CONSOLIDA] [CONSOLIDA]
Ted | apt _|intne| Ted | ape [intNL| TED | APL _[INTNL| TED
PAT(USS
muution) | 38.73 | 38.66 | 0.07
APL_|INTNL
32.23 |3298|-065| 3098 | 31.56 | -0.58
23.52 _| 25.69 | -2.17
GROWTH(%) 19.95
1110.77 6.13 |-12.07 34.18 | 73.27 NA
NA
WE SEE THAT THE GROWTH IN THE INTERNATIONAL MARKET HAS
GROWN BY 110.77% IN 2005 AS COMPARED TO 2004. THIS
IMPLIES THAT THE INTERNATIONAL MARKET STILL HAS A LOT OF
POTENTIAL IN TERM OF GROWTH AND PROFITABILITY