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...Dell Computer recently announced its intention to build a factory in India, joining those it already has in China and Malaysia. In fact, the Indian manufacturing sector expanded 9% last year, a key reason why the country posted economic growth of 8.4%. A 2004 report by consulting firm McKinsey & Co. and the Confederation of Indian Industry says that manufactured exports from India can potentially increase to $300 billion by 2015. "'Made in India' could become the next big manufacturing exports story," the report said...

Author: /time Magazine | Title: The Drive to Compete | 6/19/2006 | See Source »

...decrepit infrastructure adds about 2% to 5% onto the costs of doing business in India compared to China, estimates Deloitte Touche Tohmatsu. Much of India's clothing and textile industry, for example, remains a patchwork of smaller producers that can't match the scale of Chinese companies. A McKinsey study found that Indian apparel makers are half as productive as Chinese firms due to poor management and a lack of training and technology. McKinsey figures that a man's shirt costs about 23% more to produce in India than it does in China. At the same time, companies in India...

Author: /time Magazine | Title: The Drive to Compete | 6/19/2006 | See Source »

...know what to do with it," says Rahul Bajaj, chairman of Bajaj Auto. But the country has made false starts on the road to modernization before. Is this time different? "I don't think this party can be spoiled," says Shirish Sankhe, a partner at McKinsey in Bombay. "No one wants to stay out of India...

Author: /time Magazine | Title: The Drive to Compete | 6/19/2006 | See Source »

...inefficiency. In 2003 it had one bus for every 1,300 people, two public parking spots for every 1,000 cars, 17 public toilets for every million people and one civic hospital for 7.2 million people in the northern slums, according to a report for the state government by McKinsey & Co. At least one-third of the population lacks clean drinking water, and 2 million do not have access to a toilet...

Author: /time Magazine | Title: India Inc.: Bombay's Boom | 6/18/2006 | See Source »

...management consultant who started her career with McKinsey & Company, Nolan is marshalling her skills from the private and non-profit sectors in an effort to address the Cambridge schools’ shortcomings...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Rebels With a Cause | 6/7/2006 | See Source »

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