The company’s product innovation is customer driven. From just a single client to start with, the company today has an impressive list, including almost all of the Yum restaurant brands (Pizza Hut, KFC etc – the company has twice won ‘Supplier of the year’ award from Yum restaurants), Barista Pizza Corner, Dominos Pizza, Taj Air Caterers among others. The company has also entered the retail segment to make its products available at common households. To effectuate the retail plans, the company has tied up with Pantaloon.
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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
seem to be in the know of phenomenal gumption and confidence to fight foreign brands on home-turf. Retail is surely in! On the food front, while McDonald’s has already invested Rs.800 crores, it plans to invest an additional Rs.300 crores in the next three years and open at least 100 more outlets! While no MNC has been able to stand up to the might of Amul, the company is taking no chances and it too has expansion plans up its sleeve and plans to increase its ice-cream outlets from 60,000 to 80,000 this year. Not to be left behind, Shopper’s Stop has been keeping an eye on the changing food habits of youngsters and is planning to set up food carts, which would give tough competition to the likes of McDonald’s, Pizza Hut & Barista etc. With almost everyone planning huge expansion plans, what exactly are the various factors that are key to operating a successful retail chain? Especially given the fact that retail is a “people oriented” business, and the way one interacts with customers is of paramount importance – the customer of today is very aware, very discerning; he is more demanding and winning his loyalty is tough – so how do you keep them flocking in?
mixed with costly gasoline to ease the energy burden of consumers. Transport companies focus on bio diesel, produced from rapeseed in the European Union, soybeans in the USA and vegetable oils in Malaysia and the Philippines. India tries to substitute diesel with a liquid from Jatropha and Karanja plants and has come to the point where ethanol fuel is sold at more or less the same price of conventional gasoline. According to a recent World Bank study, Indian ethanol sells between Rs.19.75 and Rs.22.50 per litre. This compares to city gas prices of Rs.21 and maybe Rs.30 and more by year-end, depending on the geopolitical energy situation.
al change in peer and parental pressures that is severely affecting the mental health of students needs to be addressed at all levels. National Focus Group for examinations contends that the present examination pattern is not in sync with the expectations of the 21st century. But keeping experts apart, what must necessarily be understood is that the select few that get the limelight for their success in exams might not represent successful individuals in life. A focus on overall development of personality is more critical than anything else!
