Monday, July 31, 2006

Parallels and Laterals

Since Manmohanomics became the flavour of the India’s neo-economy, we have seen the rapid opening up of our markets. I remember hearing of how Coca~cola used to cost 50 paise a bottle at the time my parents were enjoying their college lives. Then Krumpled Kurta (who I believe has now patented this style of clothing) got rid of the beverage giant. We could only hope to taste it if we went abroad(or if we had smugglers giving us a regular supply of the bubbly).

Unaware then, that Dr. MS had just changed the way I looked at brands; I had my first taste of the aforementioned beverage for the first time in the early 90s. Others brands were quick to step in. The urban masses just loved the variety they offered as compared to the desi groceries/clothes/appliance to name a few. Now was the time to have real Macs and sport the Red Tab series. What if it cost a few bucks more? (Now that’s a lie, a lot of bucks more actually). Now even I could do some hip shopping and flaunt my style like Chintu’s aunty’s cousin’s sister’s uncle’s daughter who came to visit from you know where and always wore Abercrombie. (Whatev..)

Liberalization had been forced down our throat and it seemed a boon in disguise.
  • It got the sloppy desi companies to shape up or ship out.

  • Competition forced some to become quality conscious.

  • The consumer suddenly had a lot of choice.

  • Some girls next door managed to win beauty pageants further to the cause of cosmetic giants.

  • Jobs came in and there was a general buoyancy on the markets.

  • The huge untapped talent and market that was the middle class got recognized, at last.

  • Management was suddenly the in thing.

  • There was a lot of more networking for the netas and babus to do.

  • China’s existence as a competitor was actually recognized. Not that they did anything about it then or even now. But it is good to know who your enemies are!

  • They found newer ways to dupe the consumer.

  • Indians was traveling abroad more often and in huge numbers than ever before.

  • Suddenly India was this huge untapped market. And all were eager for a piece of the pie.

  • Indian economy continues to grow at an average 8% rate, a figure unthinkable before liberalization.


  • Now here is, in no particular order, a very base, 10 feet view of the whole transformation. Some changes took a decade and more to takeoff and some are still in the process. And there was a huge flip side to it as well, but more on that later. Most of what we had to agree to after we defaulted with the World Bank had USA written all over it. And most of the benefits of liberalization did go towards filling the coffers of businesses there.
    Then there is the WTO. Its failure orchestrated by USA and Co. time and again because it is not in their financial interest. There have been the Qatar and the Doha rounds and even some collective ASEAN involvement. It’s been the bane of our geographic region, (as history shows) that time and again we will refuse to come together for common interest.

    India’s
    current stand, after the treaty talks in Geneva reflects a thought maturity and willingness to fight it out without compromise. I am all for continued efforts towards looking at bilateral deals with the European Union and Japan.

    If anything, liberalization and international flip-flops on trade laterals Vs trade embargos, has taught us to look within. It’s been acknowledged that we have much to offer business wise, the huge market apart. And here I am not even touching the intellectual capital we hire out for IT, ITES or outsourcing services that we have become so famous for. This business in products related to pharma, textiles, agro, real estate (as my
    good friend will vouch for:)). Imagine the joy in finding a ‘Made in India’ GAP tee in the American heartland. So what if such coveted brands have started stepping in of late. If we can’t wear’em we will sell’em! We can and need to take on the rest of the ASEAN nations who compete with us in these areas.
    For starts! :)


    Thursday, July 27, 2006

    Wednesday, July 26, 2006

    pauses

    ....wild over growth of dry weeds,
    strong worn fence,
    foggy uncertainty lures with a whisper....

    jump!

    Wednesday, July 19, 2006

    Twins in charge

    Strange are the ways of our world. We have heard of cricketer twins (the Waugh brothers) and such. Now we have twins in control of Poland.

    Will they be able to tell if Jaroslaw came to the right office or did Lech? Thankfully, they don't have melas to add to the confusion. :)Or we might hear of a thrird brother taking charge of the judicary soon.:P

    The twins are limiting their appearances together. "We both agreed that [if he came] for many, the event would be the sight of two, rather similar faces," Jaroslaw told the TVN24 news channel.

    Tuesday, July 18, 2006

    India Inc.

    Who are we kidding? Corporate India's dirty laundry just got washed in public. ASSOCHAM's outrage at Corporate's potrayal of how big businesses work in India does not hold water. What Corporate did not do is surprise the viewers about the wheelings and dealings of the biggies and the political-criminal nexus underlying the *clean* image. Lets' face it, thats how 'successful' hard core product/manufacturing sector businesses are built and grown in India. The only exceptions perhaps are the industries invloving intellectual capital? Or am I too naive?

    Monday, July 17, 2006

    Citizen journos

    Having a camera in your cellphone can win you some prizes after all. :) Nokia and the UK Press Gazette chose photos captured by citizensof significant events for the first citizen journalism award. They were taken even before the press could swarm the area. Early birds do get the worm.

    Thursday, July 13, 2006

    The life after.....

    This one is going to attract a lot of eye balls for sometime to come. Tee! hee! :)
    Judges will now consider contribution as well as compensation in divorce lawsuits. I concurr all the same. Comments?