Archive for July, 2007

The Tiger’s roar preferred over the Dragon’s?

Contributed by Ravi Srinivasan Manufacturing has been India’s Achilles heal in the globalize market. It is due to a combination of several reasons – the competition from the neighbours, mainly the manufacturing behemoth that China is, our incapacity to reduce costs and increase efficiency beyond a certain level, a level which the aforementioned competitors have [...]

Television is serious business now

Contributed by Ravi Srinivasan We peep into the entertainment and display industry today. With the burgeoning middle class story and the higher purchasing power, people are willing to spend more and more on leisure and entertainment and this is obviously getting consumer companies all excited. This has made them introduce newer technologies into the market [...]

US banks turn greenbacks flow towards Indian SMEs

Contributed By Pradeep Kumar I read a very interesting article which will have far reaching effects on the Indian SME industry. You can find the article here. In a nut shell its about US banks coming forward to offer credit to Indian SME’s without a collateral and at 7-8% interest. The major problem which Indian [...]

The Indian Laptop market – Growth beyond its time?

Contributed by Ravi & Pradeep It is old news that India is one of the fastest growing markets for the Personal Computer. For a developing economy it is also very interesting that a lot of this growth has been predicted not just in our urban pockets but even in the rural areas. The common Indian [...]

Problems faced by SMEs and entrepreneurs in India – 1

Contributed by Pradeep Kumar India ranks 46th out of 53 countries in aiding SME growth. Though this may not come as a surprise to us, it should atleast make us think. When there is so much talk going on about SME’s like this and this why is it that we still rank 46th out of [...]

Retail Branding in India

At the first-ever World Retail Congress , when Pantaloon Retail was named Emerging Market Retailer of the Year, the belief that Indian retail had arrived on the world stage was further consolidated. Retail in India is currently estimated to be a US$ 200 billion industry, of which organized retail makes up just 3 percent; i.e., [...]

Efficiency and Effectiveness

Peter Drucker, management guru talks about efficiency and effectiveness as two important concepts of management. Efficiency is “doing things right” and Effectiveness is “doing the right thing”. Efficiency is an input output concept wherein an efficient manager is one that uses minimum inputs to product maximum outputs. Effectiveness, by contrast, involves chosing the right goals. [...]

My Speech on "Integrity" to IRDE, Dehradun as part of YI, CII 15.07.07

13.07.07Ladies and Gentlemen,Good Afternoon!! First of all I take this opportunity to thank the scientists of this country, who make our lives peaceful and yet take little credit for it. You are the real heroes of this nation. On behalf of the CII’s Young Indians and on behalf of Milagrow Business and Knowledge Solutions, I [...]

Costly Turbulence in SME Waters of Haryana

Contributed by Sushant Munjal A recent announcement made by the Haryana Government over the hiking of the minimum pay-scale for unskilled employees working in the SMEs has triggered a thought which has a serious tone to it. As compared to other states Haryana has some of the best SMEs, who have excelled in their own [...]

Resources for starting your own business

Dreaming’s easy. But turning an idea into a reality takes a whole lot of guts, determination and patience, say the experts. As with any major endeavour, knowledge is the key to success. Fortunately, there are many resources in Edmonton (and Canada) that can provide critical information and support to you as you take the leap. [...]