Japanese Companies & great Indian landscape

Japanese companies in India, are the hallmark of superior pricing & quality. Though japanese companies are in india for decades, in terms of business, they haven't made any great impact in the enviroment.

Here comes the Korean chaeopals LG & Samsung, both are brutally aggressive & understands the great indian middle class mindset. Within a decade of their existence, they have become indispensable in the market place & leads the market in certain industry product lines.

On the other hand, Japanese companies had problems in understanding India. They believe, that quality comes with a hefty price tag. Look at the fortunes of Sanyo, Akai, Panasonic and joining the race is Sony.

"CLOSE on the heels of shutting down its audio manufacturing unit, consumer electronics firm Sony India has suspended production at its colour television facility and said that it was evaluating whether to close down the CTV unit.

"We are evaluating the viability of CTV manufacturing unit in India. At this moment, we cannot say whether the company will continue with the unit," - Sony closes its plants

One of my friend works in National Panasonic's chennai factory and complained that there are huge piles of stocks worth few crores lying idle in their factory and the Japanese majors seriously considering the shutting down of the factory. Poor state of affairs for Japanese in india, like their haiku, their business dominance will be short & sweet only in certain areas.