Oops, speaking of what happened to SAIC in India, this is really a "cross-border bloody drama"! Imagine that SAIC Motor entered the Indian market with hope and wanted to make a big difference, but found that it seemed to have walked into a "business maze" and accidentally fell into the "hegemony trap". It's not an overt "Indian welcoming" – you're just in time, and we just don't have a "business partner" here to "share the risk".
And our XCMG, the "Iron Man of the construction machinery industry", is not much better in India. They not only have to sell equipment in India, but also have to help India improve its system, and this is not a "charcoal in the snow"? India's business environment is notoriously "unpredictable," and it is like playing a "business adventure" with no rules, and you never know whether you will step on the "banana peel of the policy" in the next step.
However, XCMG is like a warrior who is "not afraid of wind and rain", in the face of India's business environment, they did not retreat, but chose to "swim against the current". No, they not only gained a firm foothold in the Indian market, but also helped India improve the level of infrastructure construction, this spirit is simply the "international version of Lei Feng"!
However, to be honest, India's business environment is indeed a bit "uncomfortable" for most businesses. From cumbersome bureaucratic procedures to an unstable policy environment to the occasional "protectionist" little moves, this is a headache for many businesses. It's like if you travel to India and want to enjoy the exotic scenery, only to find yourself on the lookout for "pickpockets" and "scammers" all the time.
Therefore, the story of SAIC and XCMG in India is like a "cross-border adventure". Although SAIC suffered the misfortune of "being occupied" and XCMG also stumbled on the road to "improving the system", their experience also reminds us that to do business in India, you must have a "big heart" and a pair of "discerning eyes" to find your place in this land full of variables.
Dear friends, what do you think? Do you also think that SAIC's experience in India makes people laugh and cry, and XCMG's "selfless dedication" in India is admirable? Doing business in India really requires a "big heart" and a pair of "discerning eyes"! However, perhaps it is precisely this kind of challenge that makes the stories of these enterprises more exciting!