Blue Ocean Strategy, Competitive Repositioning and Sustained Value Creation in Indian Sunrise Industries
Author(s): Rajesh Patil, Smita Garde
Affiliation: Rajesh Patil, Smita Garde Department of Management, Symbiosis Institute of Business Management, Pune, Maharashtra, India
Page No: 26-28-
Volume issue & Publishing Year: Volume 3, Issue 4, 2026/04/09
Journal: International Journal of Modern Engineering and Management | IJMEM
ISSN NO: 3048-8230
DOI: https://doi.org/10.5281/zenodo.19710293
Abstract:
Kim and Mauborgne's Blue Ocean Strategy — the systematic creation of uncontested market space by simultaneously pursuing differentiation and low cost through the four actions framework (Eliminate-Reduce-Raise-Create) — has generated substantial academic and practitioner interest since its 2005 formulation. India's high-growth sectors — EdTech, HealthTech, AgriTech, D2C Consumer, and FinServ — provide a rich empirical testing ground for the blue ocean hypothesis, as the convergence of digital infrastructure, rising middle-class aspirations, and regulatory liberalisation has enabled challenger firms to create genuinely new market spaces that legacy incumbents were unable to perceive or respond to. This study examines 96 Indian blue ocean firms identified through strategy canvas methodology across seven industries, analysing their value factor differentiation, market share dynamics, profitability-NPS correlation, and five-year survival rates. Strategy canvas analysis confirms statistically significant value factor differentiation from red ocean incumbents on convenience, technology features, after-sales service, sustainability credibility, and customisation (all p<0.001). Market share analysis confirms an accelerating trajectory — blue ocean challengers grew from 4.2% to 28.4% market share over 2019-2024. The INSEAD collaboration contributes the original strategy canvas validation instrument and the BOS implementation quality scoring rubric enabling systematic assessment of blue ocean implementations beyond binary classification
Keywords:
Blue Ocean Strategy, strategy canvas, competitive advantage, value innovation, India, EdTech, FinServ, D2C, startup, market creation, INSEAD, ERRC framework
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