September 28 2013
In part 5 of the podcast Phanish and I discuss how exploiting Process Innovation potential in India can lead to new products
1. We talk about the success
in process innovation in Indian Pharma - Pfizer bought the rights for 51 generic drugs from Aurobindo
Pharma to sell in the US and Europe in their own brands.
2. We discuss the experience of Bharat Forge transforming itself in 11 years from having 85% blue collar
workforce to 85% white collar workforce including over 700 engineers. Are there
other industries in India where this can still be replicated?