Pharma revenues set to double by 2020!

As predicted by PricewaterhouseCoopers (PwC), by 2020 global pharmaceutical market would witness a sales doubling to the tune of $1.3 trillion. Reasons like ever increasing population, obesity and preventive treatments will attribute to this doubling of sales. Interestingly Brazil, China, India, Indonesia, Mexico, Russia and Turkey would hold one-fifth of these revenues. As per the report however ‘the current pharmaceutical industry business model is both economically unsustainable and operationally incapable of acting quickly enough to produce the types of innovative treatments demanded by global markets’. PwC proposed that to tap the potential markets, the industry should definitely undergo certain elementary changes in the manner it operates.

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Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Golden swimsuit – 3,312,800 INR

Gone are the days when gold was seen only in chains and bracelets. Today, designers are ensuring that this yellow metal is being utilised in the fanciest fashion possible. After the opulence displayed by the advent of brassieres made of gold earlier this year, stylists are at it yet again and have come out with some exaggeratedly extravagant swimwear – woven by hand using a thread weighing about 500 grams that is being wound for 32 days with six wires of gold, which are ninety micron thin. Those who adorn this little ‘golden’ number and sashay the ramp, would undoubtedly be giving an inferiority complex to the onlookers. Gold would never be old or go out of style for the fashionably felicitous.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Ok, let’s try & define ‘ignominy’

Imagine having a cook at home, and still being forced to go to the neighbour’s for dinner... and breakfast & lunch too... everyday! That’s the condition of Indian companies indulging in cross border M&As, with Indian banks pathetically failing to come up to the ask, when most required to!
It was just last fortnight that I was berating SBI being State ‘Bunk’ of India, with Standard & Poor’s giving a ‘junk rating’ to SBI’s bond issues. The irony continues this fortnight too. Think about it, when the Tatas gulped down Corus, when the AV Birla Group swallowed Novelis, and when Suzlon guzzled up RE Power, guess who all were laughing all the way to their ‘banks’. The foreign financing institutions. It’s killing to hear, but the fact is that while Indian companies mobilized over $25 billion of debt overseas in 2006-07, Indian banks provided just a puny 10% of the same, with over 90% being arranged by foreign banks (and their Indian branches).

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

“India is one of Viacom’s priority markets for expansion internationally”

The woes for Star do not end here. If NDTV started the trend then TV18 has followed suit. The news major with a strong presence in business and general news space (it owns CNBC TV18, Awaaz, CNN-IBN and IBN7) recently tied up with US entertainment giant Viacom (the owner of MTV, VH1 and Nickelodeon brands in India). On the priority list of the Rs.500 crore 50:50 JV, called Viacom- 18 is launching a Hindi GEC channel in the next one year along with niche channels from MTV family and new brands. Philippe Dauman, President & CEO, Viacom says, “India is one of Viacom’s priority markets for expansion internationally.” According to B&E estimates, 2007 will witness the launch of (if not more) at least 5 television channels across genres. Come 2008 and one should be prepared for a deluge of channels to hit the idiot box. The major players apart from NDTV, TV18 include UTV (Investment of $200 million, 4 channels by August, 4 by March, 2008), BAG Films (2 channels by November, 1 by 2008), BBC Worldwide (two already launched, two more by 2008), Sun TV (three channels) and the real estate group Triveni (more than 20 channels by end 2008)... Phew!

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow

Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com