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Category: Business and Industry
Date Submitted: 08/10/2015 11:26 AM
We are like that only:
understanding the logic
of Consumer India
by
Rama Bijapurkar
Contents
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Made for India
The mixed message from Consumer India
Why bother with Consumer India
Understanding Consumer India’s demand structure
Just how much purchasing power does Consumer India actually have?
Schizophrenic India
Demographics, psychographic and social determinants of consumption
How to read and predict change in Consumer India
Cultural foundations of Consumer India
Young India, woman India: a closer look
Rural Consumer India
Understanding the ‘bottom of the pyramid’ Consumer India
Winning in the Indian market
About the author
One of India’s most respected thought leaders on
market strategy and consumer behaviour
Acclaimed for her unique 360 degree insight on
consumers and creative thinking on new products and
new business models for emerging markets
Consultant for an impressive list of companies from
established Fortune 500 corporations to interesting
Indian start-ups
Independent director on the boards of some of India’s
leading companies and visiting faculty at the Indian
Institute of Management, Ahemadabad
Made for India
India is undeniably an important future growth market of the world (it
has the 4th largest gross domestic product or GDP in the world in
Purchasing Power Parity), it is young (it has 450 million people below
the age of 21) and it is just beginning its consumption journey
Until 1991, the government was in charge of business. After the
economic liberalisation of 1991, India made a 180 degree turn in its
economic ideology
However severe restrictions existed even then including severe
restrictions on the operations of MNCs. Hence global brands were few
and far in India.
Since then there has been a jump in GDP growth rate and a spurt in
national income. Consumer confidence and aspirations have been
upbeat as they are seeing visible improvements...