Monday, January 08, 2007

INDIA CALLING!

Even if one leaves aside the phenomenal growth story of the telecom sector, there are plenty of other reasons for the global majors to make India as their prime destination. The very fact that the calling rates are on a constant decline has acted as a propellant to the growth of the mobile handset market. Since the year 2000, the mobile tariff rates have fallen by more than two-thirds, all thanks to the increasing competition between telecom service providers like Airtel, Hutch, Reliance, Idea Cellular & Tata Indicom. According to telecom analyst Shushmul Maheshwari of RNCOS, “At present, India has the lowest average phone call prices in the world (merely 0.25 cents per minute).The projection is that due to falling call rates & competitive handset prices triggered by the competition, cell phones are becoming affordable gizmos.”

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Thursday, January 04, 2007

HURDLE OF THE CULTURE WALL

Not every nation is Iraq, which Bush and his army can forcefully grip in their regime. Every country is vibrant with its own culture and custom. And forcing a country to fi t in the cocoon of the other tantamount to a disaster. This is very much applicable in the corporate domain and Wal-Mart from Bush’s country is a classic example of cultural mismatch. Ever since Wal-Mart kicked off its operations in 1997 in Germany, it was unable to match the price sensitive Germans, who prefer driving to multiple stores in the hunt of the cheapest deal, instead of travelling outside urban areas – where the retail behemoth had plopped its stores.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Wednesday, January 03, 2007

Wal-Mart Will Revolutionise Indian Retail

Analysts are hyperventilating about how Wal-Mart will revolutionise Indian retail; about how it will stomp triumphantly and trample upon competition; and about how the entry of Wal-Mart (along with the launch of Reliance retail) signals the beginning of the end of mom and pop stores – just as it happened in the United States. Says S.P. Oswal, Chairman of the Textile Committee of CII, “Entry of Wal-Mart will mean a better service for the customer as the entire industry will become competitive and all the players have to give best service to the customer”. Yet, scratch the hype and conduct a cold, sober and objective analysis and the hoopla over Wal-Mart starts looking like…well, simply hoopla. The reality is: there are even chances of the Wal-Mart invasion of India turning out to be a loser, a campaign that started with a bang and perhaps ended in a whimper.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Tuesday, January 02, 2007

TRIBAL NIGHTS, & RITES

WHO SAID TRIBALS DO NOT UNDERSTAND PROPERTY RIGHTS?
Normally, you won’t find the Ministry of Environment, animal rights and green activists in the same corner during a policy bout. Suddenly, they are batting for each other. And the reason is the controversial Tribal Bill that has been approved by the Union Cabinet and is being placed in the Parliament. If the Bill is passed, the new law will grant a few acres of land to each family that has been living in the forests. Suddenly, babus in the Environment Ministry (who have happily allowed criminals and assorted Mafia to plunder India’s forests for decades) have discovered that they need to protect India’s forests.

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Source : IIPM Editorial, 2006

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

'Security'

‘Security’ is an industry which is growing at a robust rate of 20-25% annually and is estimated to be Rs.750 billion strong. The growth of the private security industry is a factor of the demand and supply matrix. With the liberalization of trade, there was a concomitant increase in demand for protecting private property. Obviously as ever, the government was unable to meet the growing needs, added to that the government’s mis-governace in protecting law. Resulting thereon, there are now more than 10,000 small and large private security firms in a largely unregulated market.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative