Fashionable Endowments

MANAGEMENT GURU

However, FDI is quite slow in the coming for now. A recent study conducted by CITI echoes the need of at least 35% investment from FDI out of the total investment in the textile sector. “In China, out of the total FDI, 15% FDI is for textile industry alone, while in India, textile industry’s share of total FDI is a mere 1.3% FDI is required for value addition in export and also JVs with foreign companies’ help to have an edge in the home market,” reasons, Shisir Jaypuria, President, Northern India Textile Mills Association. But with Textile Ministry allowing 100% FDI in 2006, things should change. Assures, Sumeet Yadav, VP, Arvind Brands, “More and more foreign brands are going to come in and textile industry is going to witness more JVs this year.”

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wherever you go, take Dave along!

Management Guru 's Speak on IIPM

Seagate’s DAVE already has a companion in the market. Agere Systems has come out with a similar device, christened BlueOnyx, which can deliver content to handsets via Bluetooth or Wi-Fi and can store up to 40 GB data. But the question is will Seagate dent the high-end market of mobile phones? Consumers opting for high-range models just for storage will now have the option of DAVE instead of a lower price band mobile phone. This might affect the high-end mobile phone market, as this happens to be more value for money.

Expected to hit the markets this summer, DAVE is expected to list for approximately $150 to $170. With DAVE, the consumer’s mobile multimedia experience is bound to reach new heights. And it would be interesting to see how Nokia, Samsung, LG, Sony, et al plan their next move...

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM BEST B-SCHOOL

The enigma for future...
Maybe Malthus would give a dry smile after all. More than two centuries after he made his dire prophecies that population will soon outstrip food supply, his ideas are finding application in a different way. The two dimensions that have emerged dangerously corroborating him, have been energy and water. While the spectre of petroleum reserves running out have been well documented, the looming water crisis is silently ignored. 33% of the world’s population lives in water-stressed countries now. By 2025, this is expected to rise to 66%. Scaringly, water consumption in the last century grew 6 times (from about 650 cubic km in 1900 to close to 4000 cubic km in 2000) – that is more than the rate of population growth.

The amount of water used by agriculture today will almost double by 2050 and since it uses 70 times more water than is utilised for other purposes (drinking, cooking, washing and bathing), the situation might become acute. Immediate action is then warranted by national governments to prevent aggravation of the impending crisis. Malthus doesn’t need resurrection in any form, whatsoever.

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Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Pakistan’s rated better...

IIPM PUBLICATION

Despite upgrading us, S&P thinks so!
It was after fifteen long years that India’s sovereignty got dusted when ratings agency Standard and Poor’s revised India’s credit ratings to ‘investment’ grade.

The lynch-pin of India’s ratings upgradation has been the robustness of the economy. According to Ping Chew, Credit Analyst, Standard and Poor’s, “India’s economic prospects remain strong and are rising gradually, with the GDP trend growth likely to average more than 7.5% in the medium term.” Definitely, this upgradation is good news for the Indian economy, as well as the Indian corporate sector, as this will not only see more capital flowing into the country from outside, but also will bring down the cost of capital for India Inc. Now, with a better sovereign rating, India Inc. can borrow at more competitive and cheaper rates than it used to do previously. But while all of India has been swept by a vehement wind of optimism, many have hardly thought beyond the benefits and realised the fact that India has still a lot to achieve.

If we take a look at India’s position as compared to its Asian counterparts, it gives us a reason to ponder. Amongst the Asian economies, the current rating upgradation still keeps India quite below. There are countries like China, Thailand, Malaysia, Hong Kong, Pakistan and Philippines, which are well ahead of India. As India’s fiscal state still continues to be one of the worst, India should consider this upgradation as a wake up call and improve its fiscal state, rather than celebrate!

Edit bureau: Bikram Keshari Jena

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Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

When advertising is ‘straight from the heart’!

IIPM BEST B-SCHOOL

If 2002 saw Saffola starting an interactive web site, http://www.saffolalife.com/, to guide heart-carers as well as health seekers on various aspects of dietary health; the year 2004 proved to be significant for the brand with its ‘Dial a Dietician’ service, aimed at giving free advice on the dietetic facets of health by a team of experts.

Be it the Aaj Se ad or the Abhi to mein Jawaan Hoon campaign, Saffola has audaciously advocated the quintessence of a healthy lifestyle in each of its endeavours. The Aaj Se campaign launched in 2004 touched many a hearts & encouraged health aficionados to follow a healthy lifestyle. The campaign met with a ‘heart’ warming response with the viewers, resulting in a noticeable surge in sales. It later went on to grab the Grand Effie 2005 award.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative