Products
Consumer 2.0 | Volume no. 2, Issue 19, April 2010 |
| From around India Bikes may not sport Bajaj tag post 2012 Bajaj Auto, India's number second biggest two wheeler maker, has decided to phase out the umbrella "Bajaj" brand by 2012 and instead promote individual brand names like Discover and Pulsar. Govt kicks off talks on FDI in retail The government allows up to 51% foreign investment in single-brand retail, but has so far been skittish about opening up multi-brand retail. Videocon eyeing Philips' consumer products biz in India Diversified conglomerate Videocon Industries is understood to be making moves to acquire consumer electronics business of Philips India. Audi launches India's most powerful SUV Audi India has recently announced the launch of the limited edition Q7 4.2 TDI in the Indian market. Priced at Rs.66,12,500 (ex-showroom Mumbai), the germen carmaker is surely attempting to strengthen its foothold in the luxury SUV market with the launch of the limited edition Q7. Sony launches range of Cyber-Shot cameras in India The company has sold over 5.5-lakh camera in 2009-10,while its target is to sell over 8-lakh units in this year Hyundai brings i20 variant at lower tag Hyundai, one of the strong players in the compact segment, has been forced to come out with a new version of its i20 compact, following the new launches and has driven in a new variant with a price cut of as much as Rs 40000. Healthy food yet to catch Indian consumers' attention Most consumers are aware that sugary or fried food items can lead to obesity, heart diseases, cholesterol problems or diabetes. Despite being aware about the hazardous effects of such food items, consumers still prefer to consume these over healthy food items. Retailers think big, shift focus to large-format stores "It's the flavour of the season," said Thomas Varghese, chief executive of Aditya Birla Retail, which plans to open a dozen so-called hypermarkets with sizes ranging between 50,000 sq. ft and 70,000 sq ft. Penetration of Financial Services in India
Mumbai accounts for nearly 20% of all certified financial agents.
Of the top 20 postal codes (in terms of Certified Financial Agents), as many as 9 are located in Mumbai and 5 in Gujarat.
Mumbai accounts for 26% of all Bank credits and 20% of all Bank deposits.
Source: Indicus Products Know about Indicus Products here Insights from Indicus Record 3G bids vouch for Gujarat's consumer clout Seven Gujarat cities figure amongst the top 100 cities in India on consumer market size Independent and Individualistic Think of the mindset of a person who is school educated, a businessman and living alone in the city, without any family support and the E3 segment comes to life. The Freedom of Self Employment E2 households comprise those where the chief wage earners are mostly in the age group of 25-34 years, are school educated, married and live in joint families, but do not have children yet. The government has the power to overhaul the way things are done. All it needs to show is more resolve, and inclusive growth will follow IBM, Microsoft point fingers at each other There is a role for Competition Commission to play in it as there might be a problem if the installed base starts becoming high Competition in Mainframe and Associated Services in India The report calls for lending serious thought to issues of free and fair competition, entry of new innovators in this space, international or Indian, prevention of bundling of IT goods and services, ensuring universal inter-operability between different IT systems, including high-end computers This week we take a look at the C5 segment—middle-aged, married with young children, living in a nuclear family Well settled and with higher savings rate Comprising 1.5% of the total urban population, C4 has close to 900,000 households and a population of nearly five million Jharkhand Development Report 2010 Various aspects of Jharkhand's economy and the changes therein over time have been tracked to see the extent of progress in different indicators of growth and development From around the world Plenty of headwinds for weary consumers with little confidence Consumers certainly appear to be on a mad shopping spree, but it may be a bit too early to pop the champagne. Euro-Zone Sentix consumer confidence surprises with positive reading The Euro-Zone's consumer confidence index posted a surprising jump into positive territory by advancing to 2.5 in April's estimate, up from March's reading of -7.5. Understanding Aggregate Demand and Consumer Confidence Consumer trust is often the largest factor in a down economy. Households look for lower prices and discounts and may wave a favorite brand for a cheaper brand. Because most families don't include economic experts, that trust factor plays a huge role when families consider stock market drops, the possibility they will lose their job, and if they will have enough money to pay their mortgage and other living expenses. Consumer loan delinquencies drop in eight categories In a positive sign for the economy, the number of consumers who were delinquent on their loans fell in eight of 11 loan categories in the fourth quarter of 2009, according to the American Bankers Association on Wednesday. S.E.C. Moves to Tighten Rules on Bonds Backed by Consumer Loans Credit rating agencies would lose their formal role in evaluating certain bonds backed by consumer loans, like home mortgages, under rules proposed on Wednesday by the Securities and Exchange Commission. Instead, the companies issuing these bonds would have to vouch for their soundness. MasterCard Joins Forces with Next Jump to Revolutionize the Consumer E-Commerce Experience The strategic agreement will allow the companies to work together to harness their combined assets in the payments technology, e-commerce and digital marketing space to drive innovation for the industry and improve the consumer experience. It will also give MasterCard access to Next Jump's extensive aggregated e-commerce network, human capital through its digital technology engineers, and an agile development process to fuel innovation and drive speed to market for relevant and desirable e-commerce solutions that meet consumer demands. |
