Market Entry Strategy for M.A.N

23
Primary Question: Regarding M.A.N is producing trucks, is the Indian market an opportunity to increase sales ? Secondary Question: Would a subsidiary in India be the suitable entry strategy for MAN ?

description

I was giving this presentation in my course "International Marketing". It will show whether or not India is a country in which M.A.N could increase their sales. Furthermore I told the class if a subsidiary in India would be a sensible market entry strategy for M.A.N to enter the Indien market.

Transcript of Market Entry Strategy for M.A.N

Page 1: Market Entry Strategy for M.A.N

Primary Question:

Regarding M.A.N is producing trucks, is the Indian market an opportunity to increase sales ?

Secondary Question:

Would a subsidiary in India be the suitable entry strategy for MAN ?

Page 2: Market Entry Strategy for M.A.N

Today’s Agenda

Introduction to M.A.N

India’s Potential: construction-/ transportation- industry

India’s Problems

Subsidiary

Solution for M.A.N

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Commercial Vehicles

Power Engineering

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History

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€ 14,945,000,000€ 11,208,000,000

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48.621Germany55%

Abroad

45%

Employees of MAN

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India’s Potential

Page 8: Market Entry Strategy for M.A.N

6,5%

GDP INDIA

GDP USA

-2,4%

GDP

2009

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GDP INDIA

GDP USA

Transport 5,5%

9,0%

2,1%

GDP

2007

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54,4 60,9

2,7 3,1

22,3 25,2

29,4 32,6

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invested into India‘s Construction Industry

in 07/08

60,9 bil. Euro

will be given to Greece until 2012 by Germany

22,4 bil. Euro

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India’s Struggle

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Asphalt roads in

Inda: 50%

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90%of streets in India

cannot be used by

Trucks.

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5 Days

will it take to drive 1500

km with a truck in

Germany.

2 Days

for a truck in India.

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5846 km

4000 km

3300 km

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“We need $500 billion of investment in the next five

years for roads, power, airports, railways.”

Forbes

Magazine:

Handelsblatt:

„Projekte über 55 Mrd. Euro will Indien ausschreiben, um

pro Jahr rund 7000 km an neuen Fernstraßen zu bauen.“

„Erste Schätzungen haben ergeben, dass wir unsere

Ausgaben für Infrastruktur auf eine Billion Dollar für fünf

Jahre aufstocken müssen.“

FAZ:

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Subsidiary

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Subsidiar

y Transport

Governme

nt Knowledge

transfer Delivery

Labour

costs

Tariff

barriers

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Subsidiar

yCultural

differences

Communication

Political

differences

Acceptance in

India

Money

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Solution for M.A.N

M.A.N Trucks

Infrastructure

Construction Industry

Subsidiary

Page 23: Market Entry Strategy for M.A.N

References:Bahree, M. (2009). Ambassador: Indian Economy Will Grow. Forbes Magazine.

Boris, A. (2010). Indien – Bauwirtschaft (Hochbau/Gebäudebau), Branche kompakt, p. 1.

Die MAN. Eine deutsche Industriegeschichte. C.H. Beck, München 2008.

Doole, I; Lowe, R. (1994). International Marketing Strategy, Analysis, development and implementation. London: Thomson.

Hauschild, H. (2010). Indien wirbt um Mega-Investitionen. Handelsblatt.

Hein, C. (2010). 1000 Milliarden Dollar für Straßen und Strom. Frankfurter Allgemeine Zeitung.

Interim-Report, Operating Profit in line with expectations in a difficult market environment, cost-cutting measures take effect. 30. September 2009

National Highways Authority Of India, Ministry of Road Transport & Highway Government of India. NHAI Phase I&II map, NHAI Phase IIIA map, NHAI Phase IIIB map.

Schäfers, M. (2010). Kabinett beschließt Griechenland-Hilfe. Frankfurter Allgemeine Zeitung.

U.S. Central Intelligence Agency (2010). Economy – overview. Washington.

World Bank (2010). India Transport Sector.

250 Jahre MAN: 1808 - Aus drei Hütten wird die Hüttengemwerkschaft

250 Jahre MAN: 1898 - Entstehung der M.A.N.