Sunday, March 11, 2012
What is Life???
Did you ever think what is our Life?? How does it make???
Is it you or your family or your friends or your work or your love or their permutation - combination or something else?? You may give me some situational answers.And that's also not wrong.For everyone it has different meaning.
But what i realize and believe is- Life is made up of our DECISIONS which we take in our daily life.Its kinda chain of various Decisions which we take in our whole life.
Let look at our life and begin with our childhood.You brought up at the place where your parents decided to live.so you got the culture of that place...If you could be brought up at different place,you would be different which you are...so Change 1 could be possible.
Then your Parents decided to send you in one particular School which developed your foundation...so if your school could be different,you might be different...so Change 2 is possible.
You made your friends there..if you could select other friends,your liking would be changed...People say that if you wanna know what are your Qualities,see who are your friends,How are they?? Their liking is your liking...change 3 is possible.
you decided to take some subjects in your graduations..if you could take other subjects, you would be different what you are today..if you are engineer today, you might be doctor,CA,Writer,Politicians,anything...your profession could be different... Right??..so change 4 possible.
Then you decided to merry one girl..if you could merry a different girl,your life would be different...change 5 possible.
Hence, can you see the pattern how our life is made up of our decisions?? Its like sequence...Took one decision,found its consequences,among them again made a decision.
You might be laughing...But i seriously found the base of my life.
LIFE....is just all about our DECISIONS!!!!
Monday, March 5, 2012
Need of Policy Reformation in India
As Union Budget is going to be present in next few days, People are expecting Tax relaxes, More Subsidies and Cheaper Products but how can such efforts can be implemented? Ans is It is not a dream world.
But yes! we can expect similar or indirect benefits which can come into picture if we bring some changes in our Political and Economical Policies.
If we talk about urgent need, Three Sectors come into my mind which have urgent need of hour e.g.
1. RETAIL:
FDI in Retail must be discussed and should be passed in next parliamentary session because FDI not only fuel or pump money into increasing fiscal deficit situation in the country but it will enhance and establish Supply-Chain Infrastructure in the country.
Foreign companies which are technologically advanced in Retail infrastructure,will invest in our country and that would be turning point step for our domestic Retail players.
2. Aviation:
There is urgent need to bring changes with respect to Aviation Industry in India. Fund drought situation of Kingfisher and Air India is the example in front of us.These are not the only victim of their malpractices but also of Government Policies.High fuel taxes, Airport Authority charges, Import duties of aircraft parts,unavailability of maintenance work and Tight Regulation with Foreign Airlines are some of the factors which are responsible for the situation of these Airlines.
3. Tax Policies:
Every year companies are loosing their large part of trade in paying older type of taxes between state governments ,Octrai, and other stupid Taxes.
There has to central consensus in Tax collection policies across the country. May be GST is the need of hour.
But yes! we can expect similar or indirect benefits which can come into picture if we bring some changes in our Political and Economical Policies.
If we talk about urgent need, Three Sectors come into my mind which have urgent need of hour e.g.
1. RETAIL:
FDI in Retail must be discussed and should be passed in next parliamentary session because FDI not only fuel or pump money into increasing fiscal deficit situation in the country but it will enhance and establish Supply-Chain Infrastructure in the country.
Foreign companies which are technologically advanced in Retail infrastructure,will invest in our country and that would be turning point step for our domestic Retail players.
2. Aviation:
There is urgent need to bring changes with respect to Aviation Industry in India. Fund drought situation of Kingfisher and Air India is the example in front of us.These are not the only victim of their malpractices but also of Government Policies.High fuel taxes, Airport Authority charges, Import duties of aircraft parts,unavailability of maintenance work and Tight Regulation with Foreign Airlines are some of the factors which are responsible for the situation of these Airlines.
3. Tax Policies:
Every year companies are loosing their large part of trade in paying older type of taxes between state governments ,Octrai, and other stupid Taxes.
There has to central consensus in Tax collection policies across the country. May be GST is the need of hour.
Tuesday, July 19, 2011
What is the difference between GOAL and VISION?
This is an inspirational and informative article from 'Thenewconstructs' written by Mr.Sudhakar Ram. When i read it first time, I could not stop myself to post this article on my Blog because i used to ask myself how to differentiate between Goal and Vision.
“I have a dream”, Dr. Martin Luther King Jr. proclaimed. His dream was racial equality, building upon Gandhi’s vision of freedom through ahimsa – non-violence. These men were powerful because their visions inspired millions, and changed the world.
Jack Welch, the venerated CEO of General Electric, had a goal for every business his conglomerate was in. “I want to be No. 1 or 2 in every business”, he proclaimed. This goal drove GE forward for a while, of course. But it did not last.
What’s the difference between what Dr. King wanted, and what Jack Welch wanted? Visions for humankind versus goals for a corporation? We tend to confuse vision with goals. Gandhi and King had a vision. Welch had a goal. A goal, in the absence of a vision, is limited in value.
Most of us need both vision and goals. Goals are good mechanisms to help members of a team understand where they are headed, and to spur them to produce the desired outcome. However, goals are time-bound, finite, and limited in their power. Very few people wake up every morning with the burning desire to make their company No. 1 or 2. I would look at such people as limited and boring – one-dimensional in their approach. Yes, goals can motivate, in the short term. But goals can also cause competitiveness, aggressiveness, and selfishness in people, including among members of a team. The goal of winning is fine, and even fun, in a game of football or cricket. But extended to the game called life, it becomes a constraining obsession.
Vision, on the other hand, is not a thing to be achieved. It is a way to live your life. Gandhi was the epitome of freedom and ahimsa in the way he lived his life. He chose to be free even as India was ruled by the British.
As I observe my daughter, Samvitha, I can see her vision. In simple terms, her vision is to be happy and awesome. She puts her heart and mind into everything she does. Her vision carries through to every aspect of her life – her academics, her relationships, her writing, and more. Her vision sometimes translates into specific goals – like topping her class in a subject. My wife and I occasionally get concerned; she takes on so much, and is unstinting in her effort to excel at everything she does. For instance, there were times when she had set her heart on ‘maxing’ some exams, but her results were a shade lower than her expectations. We thought she would be deeply disappointed. We thought she might be disheartened. And she was. But only briefly. She bounced back into her bubbly self pretty fast. To me, that showed that her long-term vision was more important than her short-term goals.
Living one’s vision can be an end in itself, with no attachment to the outcome. It’s like Gandhi feeling fulfilled even though India was not free. Or Samvitha choosing to remain awesome, despite falling a little short of her very high aspirations. She chalked it up to experience. This would be the mark of a true karma yogi, living Bhagavad Gita’s message of “Karmanye vadhikaraste” – doing one’s duty and living one’s true calling with no attachment to the outcomes of one’s efforts.
The Connected Age will require more of us to be vision-oriented rather than goal-oriented. People will connect with their true calling – living a life that is unique and meaningful, contributing to the world around them. Do share your own vision with the New Constructs community.
Long live the earth.
“I have a dream”, Dr. Martin Luther King Jr. proclaimed. His dream was racial equality, building upon Gandhi’s vision of freedom through ahimsa – non-violence. These men were powerful because their visions inspired millions, and changed the world.
Jack Welch, the venerated CEO of General Electric, had a goal for every business his conglomerate was in. “I want to be No. 1 or 2 in every business”, he proclaimed. This goal drove GE forward for a while, of course. But it did not last.
What’s the difference between what Dr. King wanted, and what Jack Welch wanted? Visions for humankind versus goals for a corporation? We tend to confuse vision with goals. Gandhi and King had a vision. Welch had a goal. A goal, in the absence of a vision, is limited in value.
Most of us need both vision and goals. Goals are good mechanisms to help members of a team understand where they are headed, and to spur them to produce the desired outcome. However, goals are time-bound, finite, and limited in their power. Very few people wake up every morning with the burning desire to make their company No. 1 or 2. I would look at such people as limited and boring – one-dimensional in their approach. Yes, goals can motivate, in the short term. But goals can also cause competitiveness, aggressiveness, and selfishness in people, including among members of a team. The goal of winning is fine, and even fun, in a game of football or cricket. But extended to the game called life, it becomes a constraining obsession.
Vision, on the other hand, is not a thing to be achieved. It is a way to live your life. Gandhi was the epitome of freedom and ahimsa in the way he lived his life. He chose to be free even as India was ruled by the British.
As I observe my daughter, Samvitha, I can see her vision. In simple terms, her vision is to be happy and awesome. She puts her heart and mind into everything she does. Her vision carries through to every aspect of her life – her academics, her relationships, her writing, and more. Her vision sometimes translates into specific goals – like topping her class in a subject. My wife and I occasionally get concerned; she takes on so much, and is unstinting in her effort to excel at everything she does. For instance, there were times when she had set her heart on ‘maxing’ some exams, but her results were a shade lower than her expectations. We thought she would be deeply disappointed. We thought she might be disheartened. And she was. But only briefly. She bounced back into her bubbly self pretty fast. To me, that showed that her long-term vision was more important than her short-term goals.
Living one’s vision can be an end in itself, with no attachment to the outcome. It’s like Gandhi feeling fulfilled even though India was not free. Or Samvitha choosing to remain awesome, despite falling a little short of her very high aspirations. She chalked it up to experience. This would be the mark of a true karma yogi, living Bhagavad Gita’s message of “Karmanye vadhikaraste” – doing one’s duty and living one’s true calling with no attachment to the outcomes of one’s efforts.
The Connected Age will require more of us to be vision-oriented rather than goal-oriented. People will connect with their true calling – living a life that is unique and meaningful, contributing to the world around them. Do share your own vision with the New Constructs community.
Long live the earth.
Wednesday, July 13, 2011
Population Explosion India
Check out these few pictures...Is it time to take some lesson in our life??
Imagine your future....
These picture are from place 'Govardhan' near Mathura in UP.
Now these are few pictures from our Delhi Metro...God knows what will happen in future..
Imagine your future....
These picture are from place 'Govardhan' near Mathura in UP.
Now these are few pictures from our Delhi Metro...God knows what will happen in future..
Friday, January 14, 2011
'No One Killed Jessica" case
What I learnt after watching “No one killed Jessica”? I thought it all my way back to hostel. I was so much filled with mixed feeling. I have concerned for our society, politicians, our socialite, Police, role of media, our judiciary system and most important our own people...Are they safe? Do they get what they deserve? What are their rights? Do they have faith in system? Do they get justice? Like these, there are so many questions which are raised by this movie. Like Jessica, there are so many cases for which judicial process is going on from a decade or more than that. People are waiting for justice. Will they get within time, these all are concerns which I think we all should have. So what are the ways to come out with solutions for such kind of problems?
In case of Jessica, what are the main concerns or areas where our system lacked to bring out the truth?
I think we all must give a thought on this.
Role of politicians- No doubt about it, Influence and Power are the words which they use as they wish. It should be under surveillance. Police and Court all know how our politicians use their power in tempering with the evidences in such cases where either they or their family members are involved. Government and law ministry should think on such act because we have seen in almost every case wherever politicians are involved. Either the cases are running from decades or they are closed in between in the lack of proper evidences. Even sometimes I surprised when I think about few cases in the last decade which were so popular in media and none of them come up to their final verdict. They are still running and running...
Role of media- There is no doubt about it that Media did a fabulous job in Jessica Lall case. Media kept the case live for almost 10years and proved that it is the fourth pillar of democracy in true sense. But sometimes we also see that cases come as momentarily, stories come in.... and out....if it is related to high profile, it can sustain for sometime otherwise for few days it will be aired and slowly it will fade out like a colour from a clothe. This shouldn’t be.
Role of society- This was the most embarrassing aspect in Jessica case. At which I feel that I am also a culprit. We all shout on our system and our politicians but how much we are responsible? How can we become so selfish? If it is related to us or our kin then only it is a problem otherwise no one cares. If it happens with someone else, we do not want to be involved in. Where is humanity? Is it dead? How could the prime witnesses deny from their statement-the truth which they knew.
People! Don’t forget if you are not there today, you or your family can be there tomorrow. So don’t let it (the truth) die ever.
So what is the need of hour?
•We all must understand our responsibility in society which makes from us and which is for us.
•There should be some improvement in our judiciary system precisely in our law system like there should be providence for “Witness Protection” in the cases where their statement is as an evidence.
I found a very good article written by a student of symbiosis law student on “Witness protection”.
Lastly, I want to thank Indian Cinema specially Mr. Raj Kumar Gupta(Director,Screenplay of No one killed Jessice) and his team who dared to make a film on such incident and made the people to think on issues related to it. We all hope that Indian cinema will keep trying to work on such subjects and will remind us time to time about our roles and responsibilities in society.
Sunday, December 5, 2010
Sunday, November 28, 2010
Solution of Corruption
During Mumbai visit, Mr. Obama and his delegation was praising India for its growth and development over the period. All Indian corporate leaders tried to present India as grown country rather than growing. Global media was presenting the powerful image of India and we all were feeling ‘feel good factor’.
But we will have to face such humiliation in such a small span of time. Nobody thinks about it. Scams after scams are coming out…all media is bringing the matter in front of the whole country and is starting to blame government and politicians for these scams. Now is that the solution? Or to know the culprit and punish them will be the solution? Perhaps, NO.
The reason is government, a virtual entity which is made of the people of the country. So if government is involved in something this means we are involved in it. A single leader cannot be accused of some corrupt act; the people who are working with him will also be doing same. One cannot do such activities without the involvement of the other people under his span of control. If a minister is involved then his secretary, office clerk and babus will also be the part of act. Who are they? They are the common people of our society, to whom whenever is asked, “what is your income?” they will give the answer, “aamdani to itni acchi nahi hai, par upari income acchi ho jati hai”
Now we can all understand who the culprits in such scams or corrupt acts are.
So until and unless, we are not going to bring change in ourselves, these obstacles will occur again and again in the path of development.
So rather than accusing our system, we all should bring Change in Ourselves and make the system transparent and presentable in the whole world.
This may look impractical but it is not impossible. In second week of november,i was in MRA(Moral Re-Armament) centre- Panchgani and I was amazed with their efforts to bring the change in this world.Their methods like to listen your inner voice, sit quiet in the nature for some time and variuos activities like talk about your feelings and relationship,are incredible. They want to bring change in this world through the changes in ourselves.I was astonished after seeing the participation from all across the globe.There were people from countries like US,UK,Vietnam,Latvia,Iran,Afganistan,Sudan,Ethiopia,Bhutan and many more.They all are part of one astounding program - Initiatives of Change
They are basically promoting 4 things to listen our inner voice-Absolute Purity,Absolute Honesty, Absolute Unselfishness and Absolute Love.They also spread the message through "Forgiveness".According to them.the virtue of forgiveness makes us happy and feels better.I also belive that this virtue can also play an important role in eradicating violence and hatred from our society.
So the reason why i mentioned MRA in this article of corruption is perhaps clear now.
I believe that these learning can bring the change in ourselves which we wabt to see in this world.
If you ever get chance to visit Pune, you must visit MRA Centre in Panchgani.It is incredibly beautiful and thought provoking.
But we will have to face such humiliation in such a small span of time. Nobody thinks about it. Scams after scams are coming out…all media is bringing the matter in front of the whole country and is starting to blame government and politicians for these scams. Now is that the solution? Or to know the culprit and punish them will be the solution? Perhaps, NO.
The reason is government, a virtual entity which is made of the people of the country. So if government is involved in something this means we are involved in it. A single leader cannot be accused of some corrupt act; the people who are working with him will also be doing same. One cannot do such activities without the involvement of the other people under his span of control. If a minister is involved then his secretary, office clerk and babus will also be the part of act. Who are they? They are the common people of our society, to whom whenever is asked, “what is your income?” they will give the answer, “aamdani to itni acchi nahi hai, par upari income acchi ho jati hai”
Now we can all understand who the culprits in such scams or corrupt acts are.
So until and unless, we are not going to bring change in ourselves, these obstacles will occur again and again in the path of development.
So rather than accusing our system, we all should bring Change in Ourselves and make the system transparent and presentable in the whole world.
This may look impractical but it is not impossible. In second week of november,i was in MRA(Moral Re-Armament) centre- Panchgani and I was amazed with their efforts to bring the change in this world.Their methods like to listen your inner voice, sit quiet in the nature for some time and variuos activities like talk about your feelings and relationship,are incredible. They want to bring change in this world through the changes in ourselves.I was astonished after seeing the participation from all across the globe.There were people from countries like US,UK,Vietnam,Latvia,Iran,Afganistan,Sudan,Ethiopia,Bhutan and many more.They all are part of one astounding program - Initiatives of Change
They are basically promoting 4 things to listen our inner voice-Absolute Purity,Absolute Honesty, Absolute Unselfishness and Absolute Love.They also spread the message through "Forgiveness".According to them.the virtue of forgiveness makes us happy and feels better.I also belive that this virtue can also play an important role in eradicating violence and hatred from our society.
So the reason why i mentioned MRA in this article of corruption is perhaps clear now.
I believe that these learning can bring the change in ourselves which we wabt to see in this world.
If you ever get chance to visit Pune, you must visit MRA Centre in Panchgani.It is incredibly beautiful and thought provoking.
Saturday, September 25, 2010
Services in Emerging Market
I am very excited about writing this article on Emerging Market in continuation because coincidently my last article posting was on Emerging Market/Economy and now I am writing with my real experience at a conference on the same subject in ISB, Hyderabad. It was overwhelming experience in ISB. The kind of exposure which I got in two days (23rd -24th sept) with industry honchos, experts, and various professors from universities all across the world was very enthusiastic.
The topic of the conference was: “Services in Emerging Market” or ‘Growth Market ‘as the industry people called it.
The basic characteristics of emerging economies are as follows:
1.Economic Liberalization
2.Low /Middle income country
3.Tech led innovation hotspot
4.Entrepreneur business environment
Nowadays, the world economics is converting from a product based towards a service oriented conception. Business processes are becoming complex in multi layers. So many solutions can be indentified in the market for each problem. Now who will win the market when so many providers are available….of course the one who is better service provider along with the product or solution. (In real meaning, Solution is the combination of Product and Service)
What the customer wants has become more important rather than what you provide them. Kotler’s theory also says don’t push your product; make/design your product as customer wants. The process should be in reverse from Customer to your Production house not from your production house to customer.
As such Service Productivity, Service Quality and Service Innovation exist with the product but now the market demands them to be more integrated.
Now if we talk about the role of Technology then we have to change in the pyramid mode of Service Marketing. Earlier there were 3 corners i.e. Company, Customer and Employee while now we should add Technology (IT) in it because Technology has become integrated part of system.
Source: lecture/presentation given by:
Prof A Parasuraman,university of Miami
Prof N Viswanadham, ISB
FC Kohli, GM,TCS
Guruduth Banavar,VP & CTO,IBM
Dream Place:
The topic of the conference was: “Services in Emerging Market” or ‘Growth Market ‘as the industry people called it.
The basic characteristics of emerging economies are as follows:
1.Economic Liberalization
2.Low /Middle income country
3.Tech led innovation hotspot
4.Entrepreneur business environment
Nowadays, the world economics is converting from a product based towards a service oriented conception. Business processes are becoming complex in multi layers. So many solutions can be indentified in the market for each problem. Now who will win the market when so many providers are available….of course the one who is better service provider along with the product or solution. (In real meaning, Solution is the combination of Product and Service)
What the customer wants has become more important rather than what you provide them. Kotler’s theory also says don’t push your product; make/design your product as customer wants. The process should be in reverse from Customer to your Production house not from your production house to customer.
As such Service Productivity, Service Quality and Service Innovation exist with the product but now the market demands them to be more integrated.
Now if we talk about the role of Technology then we have to change in the pyramid mode of Service Marketing. Earlier there were 3 corners i.e. Company, Customer and Employee while now we should add Technology (IT) in it because Technology has become integrated part of system.
Source: lecture/presentation given by:
Prof A Parasuraman,university of Miami
Prof N Viswanadham, ISB
FC Kohli, GM,TCS
Guruduth Banavar,VP & CTO,IBM
Dream Place:
Sunday, August 8, 2010
Emerging Market:
Few days back, I was reading some articles related to the new markets in the world where the companies are exploring market for their growth.
In this recession recovery period, we all have the same question, what is next? Where to go? Since business is coming at the edge of stagnation in the existing market. Where are the opportunities? Everyone is looking here and there. From automobile to telecom, all domain companies are searching for emerging market.
Then I decided to know what emerging market is? How do we decide that this country can be emerging marketing and I got to know-"Emerging markets are nations with social or business activity in the process of rapid growth and industrialization”. The phrase was defined in terms of economics and levels of wealth. Emerging markets are economies with low-to-middle per capita income.
In recent years, few terms have emerged to describe the largest developing countries such as BRIC (word is given by Goldman Sachs) that stands for Brazil, Russia, India, and China, BRICS (BRIC + South Africa) and CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa).Some experts believe that they are enjoying an increasing role in the world economy and on political platforms.
Few months before there was a statement from CEO of HSBC bank, he said, "After BRICs, look to CIVETS for growth”. As per his statement-The size of the emerging market middle class will swell to 1.2 billion people by 2030, from 250 million in 2000.hence banking sector has a lot of scope to further grow in these countries.
Emerging markets are characterized by strong economic growth, resulting in an often marked rise in GDP and disposable income. As a result, people in emerging countries are often able to buy goods and services that they previously would not have been able to afford. This provides international companies with the opportunity to tap large, new customer bases, potentially driving significant growth for a number of companies and industries. Though disposable incomes in emerging markets are rising, many of their citizens are still relatively poor. Luxury goods such as high-end automobiles and designer clothes are sure to benefit from the increased purchasing power of emerging economies, but everyday luxuries such as cell phones and brand name food products are becoming popular much more quickly. For example, the number of wireless subscribers in India grew at a compound annual growth rate of 91% from 2000 to 2005, and coca-cola company predicts that the BRIC countries will account for 41% of the company's growth by 2008.
Companies that benefit from growth in emerging markets:
Auto companies:
Ford Motor Company (F), General Motors (GM), Toyota Motor (TM), Honda Motor Company (HMC), and other car companies would benefit from increased demand for automobiles. As emerging countries improve their infrastructure and their GDPs continue to rise, the demand for cars is likely to increase as well.
Food and beverage manufacturers
Coca-Cola Company, PepsiCo, Kraft Foods and other food and beverage manufacturers have seen strong growth in emerging markets in recent years. As incomes rise, packaged food becomes more accessible for a larger percentage of the population, stimulating demand for these companies' products.
Mobile (telecom) companies:
The Indian telecommunications industry is one of the fastest growing in the world. According to the Telecom Regulatory Authority of India (TRAI), the number of telephone subscriber base in the country reached 653.92 million as on May 31, 2010, an increase of 2.49 per cent from 638.05 million in April 2010. With this the overall tele-density (telephones per 100 people) has touched 55.38. The wireless subscriber base has increased to 617.53 million at the end of May 2010 from 601.22 million in April 2010, registering a growth of 2.71 per cent.
Not only will India surpass China in terms of the total number of active subscriptions by 2013, but, according to Informa's forecasts, the Indian market will have a higher subscription penetration rate (75 per cent ) than China's by the end of 2011 (69 per cent ). By the end of 2014, India's subscription penetration will be 101 per cent.
Raw material suppliers:
BHP Billiton, Rio Tinto and other integrated mining companies have already benefitted from the explosive demand growth of emerging markets, especially China.
Industrial gas companies:
Praxair, Air Products and Chemicals, and other industrial gas companies stand to benefit as demand for their product grows; current per capita gas consumption in emerging markets is very low compared to developed countries. As consumption rises, demand for industrial gases will be stimulated.
Advertising Firms:
As growth in advertising spending slows in mature markets such as the United States and Western Europe, advertising conglomerates like Omnicom Group (OMC) and Interpublic Group of Companies (IPG) are shifting their focus to Russia, China, India and other emerging markets, where advertising spending is growing at much higher rates.
In this recession recovery period, we all have the same question, what is next? Where to go? Since business is coming at the edge of stagnation in the existing market. Where are the opportunities? Everyone is looking here and there. From automobile to telecom, all domain companies are searching for emerging market.
Then I decided to know what emerging market is? How do we decide that this country can be emerging marketing and I got to know-"Emerging markets are nations with social or business activity in the process of rapid growth and industrialization”. The phrase was defined in terms of economics and levels of wealth. Emerging markets are economies with low-to-middle per capita income.
In recent years, few terms have emerged to describe the largest developing countries such as BRIC (word is given by Goldman Sachs) that stands for Brazil, Russia, India, and China, BRICS (BRIC + South Africa) and CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa).Some experts believe that they are enjoying an increasing role in the world economy and on political platforms.
Few months before there was a statement from CEO of HSBC bank, he said, "After BRICs, look to CIVETS for growth”. As per his statement-The size of the emerging market middle class will swell to 1.2 billion people by 2030, from 250 million in 2000.hence banking sector has a lot of scope to further grow in these countries.
Emerging markets are characterized by strong economic growth, resulting in an often marked rise in GDP and disposable income. As a result, people in emerging countries are often able to buy goods and services that they previously would not have been able to afford. This provides international companies with the opportunity to tap large, new customer bases, potentially driving significant growth for a number of companies and industries. Though disposable incomes in emerging markets are rising, many of their citizens are still relatively poor. Luxury goods such as high-end automobiles and designer clothes are sure to benefit from the increased purchasing power of emerging economies, but everyday luxuries such as cell phones and brand name food products are becoming popular much more quickly. For example, the number of wireless subscribers in India grew at a compound annual growth rate of 91% from 2000 to 2005, and coca-cola company predicts that the BRIC countries will account for 41% of the company's growth by 2008.
Companies that benefit from growth in emerging markets:
Auto companies:
Ford Motor Company (F), General Motors (GM), Toyota Motor (TM), Honda Motor Company (HMC), and other car companies would benefit from increased demand for automobiles. As emerging countries improve their infrastructure and their GDPs continue to rise, the demand for cars is likely to increase as well.
Food and beverage manufacturers
Coca-Cola Company, PepsiCo, Kraft Foods and other food and beverage manufacturers have seen strong growth in emerging markets in recent years. As incomes rise, packaged food becomes more accessible for a larger percentage of the population, stimulating demand for these companies' products.
Mobile (telecom) companies:
The Indian telecommunications industry is one of the fastest growing in the world. According to the Telecom Regulatory Authority of India (TRAI), the number of telephone subscriber base in the country reached 653.92 million as on May 31, 2010, an increase of 2.49 per cent from 638.05 million in April 2010. With this the overall tele-density (telephones per 100 people) has touched 55.38. The wireless subscriber base has increased to 617.53 million at the end of May 2010 from 601.22 million in April 2010, registering a growth of 2.71 per cent.
Not only will India surpass China in terms of the total number of active subscriptions by 2013, but, according to Informa's forecasts, the Indian market will have a higher subscription penetration rate (75 per cent ) than China's by the end of 2011 (69 per cent ). By the end of 2014, India's subscription penetration will be 101 per cent.
Raw material suppliers:
BHP Billiton, Rio Tinto and other integrated mining companies have already benefitted from the explosive demand growth of emerging markets, especially China.
Industrial gas companies:
Praxair, Air Products and Chemicals, and other industrial gas companies stand to benefit as demand for their product grows; current per capita gas consumption in emerging markets is very low compared to developed countries. As consumption rises, demand for industrial gases will be stimulated.
Advertising Firms:
As growth in advertising spending slows in mature markets such as the United States and Western Europe, advertising conglomerates like Omnicom Group (OMC) and Interpublic Group of Companies (IPG) are shifting their focus to Russia, China, India and other emerging markets, where advertising spending is growing at much higher rates.
Friday, April 16, 2010
Blogger's Meet: An Acknowledgement from Indiblogger
It was my first chance to attend the Blogger's meet.Fortunatly, since i am in hyderabad and my blog is also listed from Hyderabad so of course it was on my card to attend this beautiful event on 11th April.I feel very charged after coming from this meet because i was filled with such innovative ideas which i never thought in my life.I met with so many kind of people from different backgrounds...from software engineer to doctor to banker to professor...to home maker and student. All with such a brillient ideas.People are writing on social issues ,economic issues ,senior citizen rights,technical blogs,about their life and life in their surrounding... even there were people who are writing on topic like cookies ..so now you can understand that in this world,there is so much around us that we can write on anything, just we have to concentrate on those things.Am i right? Actually ,we never think seriously on such things.But I am sure that if we will think on them then we can find something from nothing.
I like three things most -
1.Great Ideas: which are not only so impotant for our personal growth but also our society too. You can create any magical thing with your writing that i can understand now.I have the answer why J.K Rowling has become one of the top richest person in the world.
2. Twittering: Tweets tagged with #indihyd were streaming over the big screen live.
This was the humurous aspect of our meet and really i still giggle whenever i think
about it. On the screen, there were three vertical section. first one for the people who registered themselves,second for twitter and third,for people who had walked in the premise.
So in the Twitter section, there were live comical comments on people and on their talk.
3. Hitler Video: I will not write anything about it because it is complete in itself.It is just to watch.Although, i could not get Hyderabad-Hitler meet video but i got Chennai-Hitler meet video. I will very soon upload our Hyderabad-Hitler video because that shows Sania-Sohaib Saga with the twist of Hitler......Lol..........and here it is INDIBLOGGER MEET Hyd
There are few pictures of the event, hope you will like them....
I like three things most -
1.Great Ideas: which are not only so impotant for our personal growth but also our society too. You can create any magical thing with your writing that i can understand now.I have the answer why J.K Rowling has become one of the top richest person in the world.
2. Twittering: Tweets tagged with #indihyd were streaming over the big screen live.
This was the humurous aspect of our meet and really i still giggle whenever i think
about it. On the screen, there were three vertical section. first one for the people who registered themselves,second for twitter and third,for people who had walked in the premise.
So in the Twitter section, there were live comical comments on people and on their talk.
3. Hitler Video: I will not write anything about it because it is complete in itself.It is just to watch.Although, i could not get Hyderabad-Hitler meet video but i got Chennai-Hitler meet video. I will very soon upload our Hyderabad-Hitler video because that shows Sania-Sohaib Saga with the twist of Hitler......Lol..........and here it is INDIBLOGGER MEET Hyd
There are few pictures of the event, hope you will like them....
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