Competitive Intelligence in India

Companies in India monitors competition using either Passive Intelligence and Semi Active intelligence and Human Intelligence. Organizations in India are discreet about competitive intelligence. They do not call it competitive intelligence. Leading companies in India monitor the environment through open source emissions such as Financial Times, Economic Times and other newspapers. SWOT analysis reports Business houses in India also watch business news channels. Scanning of the environment is done using external auditors, internal auditors and legal experts. Organizations use analysis tools such as Five Force Analysis, Strength, Weakness, Opportunity and Threat Analysis, Value Chain Analysis, Political, Economic, Social and Technology Analysis are used by employees in the organizations. Indian businesses derive low cost advantage as white collar workers come at lower salaries.

Industry reports are available through Federation of Indian Chambers of Commerce and Industry and Confederation of Indian Industry.

Federation of Indian Chambers of Commerce and Industry membership has over 1500 corporates and over 500 chambers of commerce and business associations, Federation of Indian Chambers of Commerce and Industry espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units. They monitor the environment and help Indian businesses become competitive.

The Confederation of Indian Industry works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes. Confederation of Indian Industry is a not-for-profit, industry led and industry managed organization, playing a proactive role in Indian business development process. Founded over 114 years ago, it is a premier business association, with a direct membership of over 7800 organizations from the private as well as public sectors, including Small and Medium Enterprise and Multinational Companies, and an indirect membership of over 90,000 companies from around 385 national and regional sectoral associations.

There are Business Intelligence companies in India who sell software to Indian corporates to monitor open source emissions. There are database providers in India, who sell databases and industry reports and credit reports. Even global companies are discreet about competitive intelligence in India.