What was the strategic rationale underlying jcb-s entry


What was the strategic rationale underlying JCB's entry into India in 1979, and China in 2005? Given that capital to fund expansion is limited, does it make more sense for JCB to expand its presence in these markets, as opposed to more developed markets, such as those of Western Europe?

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Microeconomics: What was the strategic rationale underlying jcb-s entry
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