Tuesday, September 23, 2008

future of nano


Tata's to move from singur, with the singur row extending for more than a month tata's are looking at possibilities of shifting the base from singur.
The relocation of the mother plant would take 12 - 18 months even if it is done at war footing.
The options for tata's are open with many states offering then proposals for setting up the plant in their state.
Gujarat is said to be the forerunner, followed by karnataka and maharastra.
does this mean west bengal has lost its credibility?
yes until the singur row is resolved don't think any other company would dare to setup their plant in west bengal. too much is at stake.
west bengal lost tata's for sure.
The official announcement is expected to come in this week unless some miracle happens tata's are leaving west bengal for good.

men or women whose on top?


According to a survey conducted with the help of master card women shop more as compared to men online also. The survey was conducted taking 4157 respondents across Australia, Chinese mainland, China's Hong Kong, India, Japan, Singapore, South Korea and Thailand. out of the respondents 78% of the women shopped online and more than 50% of the women shopped more than six times in the past quarter.

but men bought for more money, 79% of the men who shop online in the respondents spent more than $100 compared to 72% women.

Women bought more impulsively 61 % over the net when compared to men who did a research before buying online.Women bought impulsively as they were attracted to the low prices over the net.

Over the net the main criteria for buying is value (perceived value).

So for a marketer who wants to sell the products online women are on top.

Monday, September 22, 2008

India Stock market to go down today


Oil Increased by a staggering $25 to end at $120.92 .The rise is the record single day increase in the oil prices ever. This is going to effect the Indian economy Multi folded, the inflation concern is back with oil prices set to rise. The sentiments of the Indian stock market is hit, with the current financial crisis the increase in oil will wreck havoc today in the BSE and the Nifty. I predict that the sensex is goin down by 200 points and main companies that will get effectd is the bankex and realty sectors.

Graziano Disaster


Graziano, the Multi national electronics company attacked today has nearly 600 employees. It is a large Italian multinational, Mr.Lalit Kishor Choudhury who died at work had been the managing director cum CEO for 10 years.
In this IT age of globalization, the ghost of the past the worker menace has come back today with a dreaded reality. M.D of Graziano electronics was brutally killed by a group of workers at his office.
He was hit on the head with sticks as if he was a snake, his mistake to help control the situation between the workers and the H.R regarding them being fired 2 months ago.
Mr. L.K. Chaudhary is survived by his wife a college lecturer and a son studying in class 12.What could he have done? could he have been still alive? whose mistake was it? these questions need to be answered.
Companies sacking people because of the macro economic conditions prevailing in the global economy. who is to be blamed for this? who will answer the son?
This points out to the fact that India is still in its socialistic past.
Government should take proper action against the culprits so that India Inc. doesnt lose its face in the international community.

Nokia's Mobile market to be down in India

At present the market share of Nokia in India is about 62% followed by Samsung . Nokia is at present losing the price war against companies like fly where in they are selling the mobile set with connection for just Rs.800. whereas Nokia’s starting model is priced at Rs.1500.
Nokia is losing out in the most attractive market in the Indian context the rural market.
Nokia has for long dominated the handsets segment and this is probably among the few industry segments where the market leader has had such a huge market share.
Even as companies work on their distribution, they are also bringing handset manufacture closer home. Nokia recently had a high profile launch of its manufacturing facility in Tamil Nadu.
LG, which also has a manufacturing facility in Pune, claims that setting up a local manufacturing unit has more benefits those economies of scale or savings on logistics - product modification, for instance. Two just-launched LG phones have a cricket game, based on customer feedback on the popularity of the sport here.
"We wouldn't have been able to meet market requirements if the product were being made elsewhere," points out H S Bhatia, product group head, GSM mobiles, LG.
So Nokia may not have any added advantage as all the mobile manufacturers have set up the plants in India.
Even though the market is growing I feel that with the entry of Apple Iphone in the market which is expected to cost around Rs.20000 in the next 3 months, will affect the sale of Nokia N and E series.
With the competition growing from the duplicate markets (China phones) Nokia will still lose its sales in the future. Nokia N 95 which costs Rs.25000 in the open market, N985 a duplicate from China costs only Rs.5000
Nokia should come up with marketing strategies to combat this rise in competitors.
Nokia’s main advantage is it brand in India and then the user friendly features which should emphasized in the low end products and the innovation in the high end products.
Nokia being a big player should be able to target the new entrants in this industry like fly and virgin mobile. Virgin mobile can take away the market share from Nokia because of their innovative strategies.