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.