Sunday, January 30, 2011

STATE SPONSORED MONOPOLIES


One of the major  root cause of  Corruption, Recession, difference between
Rich and poor and various injustices  in the world  is  "MONOPOLY"

Monopolies with Merits can be tolerated ;

but states should not further sponsor monopolies
by giving gigantic incentives (land , loans, legal framework ) to corporates.

Instead state should create balance of power
by creating competition.

UN, WTO, G-8,G-20,  IMF, World Bank - all these institutes who created monopolies now can decide and create due and needful competition.


Warm Regards
Mr. Bankim Shah

Monday, January 24, 2011

Tourism Industry - Urgently Needs ; Nationalization and Regulations


Like Other Industries, Private Players like Hoteliers, Tour Operators,
Agents etc.  in Tourism and Travel Industry - These  private players

* have taken all the incentives from NDA and UPA governments
but have not pro actively followed the guidelines and directives of the
Tourism Ministry.

*  This is one of the fastest growing Industry with a major employment
generation but Consumers (tourists) and employees are losers and exploited,
almost looted, whereas Tour Business Men are beneficiary.

There is lot of BLACK MONEY involved in this. Payments given to
Tour and travel companies, hoteliers are unaccounted.

* Tourism Ministry is like a Tooth less Tiger like other Ministries till
they are alarmed by public cry and civil society activism.

*Private Tour Operators are taking Consumers - Tourists for granted.

* They are pleasing and bailing out foreign tourists at the cost of
domestic tourists.

* The Customer Protection laws  , Consumer Awareness are not working.

Warm Regards
Mr. Bankim Shah

Saturday, January 1, 2011

Investigating a co-relation between Marriage Celebrations and Price hike in vegetables.

Marriage Celebrations is a big (regressive) business worth 8-10% (One lac Crore p.a. ) of Indian GDP

In the month of January , there were lot of marriages through out India.
This also includes lavish  marriage of the son of Mr. Nitin Gadkari,  BJP President.
Is there any direct or indirect relation between price hike, inflation and conspicuous
consumption and expensive marriages by Indian Rich and Upper middle class
(burzwas) ?

* Even if 77% of Indians are having disposable income of Re 20 per day; party
goes on. ( if someone disagrees with 77% it is surely more than 55%)

* Not only page 3 culture, corporate, politicians, bureaucrats who think ,it
is their right to celebrate lavishly ; but also lower middle class brides and grooms
( "well-educated") think that it is their duty to celebrate their marriages lavishly.

* Thanks to our "empowered", "Independent " and  "educated" women power who is so much interested and focused on enjoying "sangeet" and "Mehndi" rather than focusing on
finding long term ideal life partner. Contrary to this, there was a news from USA , that
American brides are  cutting their wedding costs.
I think as  a  man  I would find  American  woman far  better and marriageable than Indian women.

* These girls hate patriotic, idealistic and responsible guys who used to be Heroes
at the time of independence; which is why hardly any freedom fighter was single.

* Same is the case with everyday disco, page 3, business parties.

*  Where are politicians like  Mrs.  Indira  Gandhi who would  set an  example
of austerity in her  Son Rajeev Gandhi's marriage.  It  was she who gave away
all  her jewelery in Indo-Pak war. There are many like these. But we think these
people are out of fashion.

* When Obama , having simple and small personal wealth of around 25 crore Indian Rupees, praises Mahatma Gandhi , suddenly our Indian Americans , politicians and youth "have to agree"with Uncle Sam. Otherwise Gandhiji is almost  officially  "Not applicable" , "Not  sensible",
"Not contemporaneous" model.

 *  When China and other Asian countries can retain their Easternness and Asian-ness why  common Indian  is  tortured to accept westernness by foreigners like  Soniyas and  Manmohan  singhs.

*Please  read information from following website

Regards
Bankim Shah





http://retail.franchiseindia.com/articles/Retail-Business-Practice/
Market-Research/The-Flourishing-Indian-Wedding-Industry-247/

The Flourishing Indian Wedding Industry
An Indian wedding entails tremendous business opportunity



.(......................following details are from website....
The Indian Wedding Industry
Currently, the Indian wedding industry is over Rs 100,000 crore and is growing at 25 to 30 per cent annually. The estimated cost of a wedding with no expenses spared could be between Rs 5 lakh to Rs 5 crore, in India.

The wedding market in India
  • No. of Indian marriages in a year: Approx 1,00,00,000
  • Indian wedding market worth: Rs 100,000 to Rs 110,000 crore
  • Gold and diamond jewellery market worth: Rs 60,000 crore
  • Apparel market (wedding) worth: Rs 10,000 crore
  • Durable goods market worth: Rs 30,000 crore
  • Hotel and other wedding related market worth: Rs 5,000 crore market
  • Pandal and venue decoration market: Worth Rs 10,000 crore
  • Favorite honeymoon destinations: Goa, Jaipur and Udaipur
  • Goa wedding cost: Between Rs 1 crore to 1.5 crore
  • Jaipur wedding cost: 1 to 2 crore
  • Wedding cost in metropolitan cities: Between Rs 25 lakh to 70 lakh
  • Wedding invitation card market : Worth Rs 10,000 crore annual
  • Bridal Mehendi market in India: Worth Rs 5000 crore

Item-wise expenses on Indian weddings
  • Dinner cost: Rs 700 to 1000 per person
  • Pandal decoration cost: Rs 10,000
  • Bridal designer saree/lenhga cost: Between Rs 10,000 to 50,000
  • Designer shervani cost: Rs 15,000 to Rs 40,000
  • Wedding invite cost: Rs 500 to Rs 1500 per card
  • Bridal make up cost: Between Rs 5000 to Rs 50,000
  • Bridal Mehndi cost: Between Rs 1000 to Rs 5000

With each passing year, Indian weddings are getting bigger and better offering lucrative business opportunity to players involved. Giving up the basic traditional look, the Indian weddings are donning a more corporate look, these days.

Currently, the country has a population of around 1.25 billion and considering an average family with five members, there are around 250million families in India. With about one marriage per family every 20 years, the country averages roughly 10 million marriages every year. An average 30 to 40 grams of gold is spent in every marriage across the country, thus the total consumption of gold comes between 300 to 400 tonmes annually.

It is also expected, the per capita income will be tripled in a couple of decades and the per capita consumption of gold during weddings or otherwise will increase. With half of India’s population being under 29 years of age, the marriage market is set to boom like never before over the next five to ten years.

If we take the above figures, it means the Indian marriage market is around Rs 1 lakh crore to Rs 300,000 crore annually, if one crore marriages are solemnized in the country annually.

A person, in India, spends one fifth of the wealth accumulated in a lifetime on a wedding ceremony. That means, a tremendous opportunity for retailers to capitalise on.

)

 Warm Regards
Mr. Bankim Shah
Be Yourself and Be with Yourself. Be with Nature - animals and plants.