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Answer on Other Management Question for Subramanian

Question #50300
Critically examine the globe – hex strategies for the Indian government.
Expert's answer
Answer on Question #50300, Management, OtherJustin's Globe-Hex model offers six strategies for success — infrastructure development, export led growth policy, proactive and planned participation, agriculture promotion, import of raw materials, and safeguards against unrealistic imports.The economy of India is the tenth- in the world by GDP and the third-largest by PPP. The country is one of the G-20 major economies, a member of BRICS and a developing economy that is among the top 20 global traders according to the WTO.The implementation of Globe-Hex model would be good for the Indian economy.

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