Why TACT

India’s vibrant democracy brings with it a mixed bag of contradictions that almost always challenge new business entrants. India’s socio-economic diversity is mirrored in its politics where fragile coalition governments have become almost de rigueur over the last fifteen years.

At the same time, business is being increasingly liberated from government interference in India as structural economic reforms gather momentum. Yet, both central and state governments often wield their ebbing authority in an effort to posture to relatively less evolved vote banks. Populist statements directed at billion dollar multinationals fetch short term political dividends.

Aspirations run high across India and yet, the means to acquire wealth still remain comparatively limited though there has been a visible expansion in such opportunities consequent upon the technology revolution that has enveloped India and simultaneously raised the country’s intellectual profile in western markets. The “Made in India” brand is now actively sought by marquee technology companies.

For every Indian success story, there are a hundred failures as more than a billion dreams are not easy to realize. The sheer pressure of numbers leads to companies cutting corners, violating global standards of corporate conduct, leveraging government contacts to sabotage competitors and short changing the consumer.

TACT is acutely alive to the business malpractices that often impact operations of MNCs due to its constant engagement with risk related situations.  Though majority of business houses in India are above board and transparent, it is the odd business malpractice that TACT is always cognizant of. TACT is in a unique “on the ground” position to render objective advice and execute customized solutions to minimize operational risks for its clients. Our consultants probably understand India better than most other expatriate consultants who may have an equally broad view but are sometimes limited in the context of Indian Sub Continent’s turf knowledge.

Over the last six years, TACT has been sought out by a series of multinationals to mitigate their business risks and also to defuse potentially awkward situations. TACT’s professional standards of integrity and non disclosure, that are bench marked against global leaders in the risk mitigation business, are key determinants in multinationals regularly seeking the firm’s services.

TACT engages at the board level its client companies to appreciate the macro risk factors more deeply than others who limit their interaction to security managers only.

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