All things Money Thread

adsatinder

explorer
They can have Local Puffs called Maida Fans Or healthy Atta Biscuits again locally made.
Why would anyone waste his money on tasteless and unhealthy biscuits when other options are available.

Poor People prefer Bread Pakora or simple Samosa with Chai. These satisfy there Hunger and are tasty too
, plus are good value for money.

In fact Parle by selling cheap and un healthy biscuits is giving bad monopolistic competition to Poor Pakora makers.

Try some Pokore with Chai. It better combination then Chai Biscuits plus after eating Pakore you will have satisfaction of helping a Pakora maker.
What wrong our PM is doing by helping and promoting Pakora makers in comparison to Biscuit maker like Parle.

Infact if Parle lays off so many employees they can always become business owners as Pakore Walla.
This big companies are now focusing on International Market.
They will make it here and market it in other countries.

Companies are feeling the pinch.

Own a Pakoda Corner !
Enjoy it !
 
Last edited:

adsatinder

explorer
‘Democratising high quality’: India’s Britannia Industries ramps up international focus with first export-oriented factory
By Pearly Neo contact
12-Jun-2019 - Last updated on 12-Jun-2019 at 01:38 GMT

[Image: Britannia Industries has an immensely wide bakery product range, and is looking to further increase its exports with its new factory. ©Britannia Industries] Britannia Industries has an immensely wide bakery product range, and is looking to further increase its exports with its new factory. ©Britannia Industries

Related tags: Britannia Industries, India, Export

Indian bakery goods giant Britannia Industries is looking to ramp up its international business focus with the development of its first export-oriented factory.

The factory was launched last year in the Western Indian state of Gujarat, and is the product of INR160bn (US$22.9mn) worth of investment, according to Britannia Industries’ CEO of International Business Annu Gupta.
“The factory is the first facility that is 100% export-oriented – this means that not one single biscuit from there will be sold in India,” Gupta told FoodNavigator-Asia.
Outside of India, Britannia sees Singapore, Australia, New Zealand, the UAE, Nepal and Saudi Arabia as some of its most important markets, in addition to the United States and Canada.
“South East Asia has also been identified as one of the focus geographies for Britannia over the coming three years, and this significant capability enhancement [will certainly benefit this region].”
Major South East Asian markets for Britannia include Singapore, Philippines, Malaysia and most recently Myanmar.
Apart from the factory in Gujarat, the company also established local manufacturing facilities for some of its major markets, such as Nepal in April this year with the idea of directly supplying to the country and its adjoining regions.
“[The idea here] is that we must be far more locally available, especially in large markets [for Britannia], and this is a way to expand our presence in these markets,” said Gupta.
“We also see that there are some good locations in South East Asia, such as in Indonesia, Malaysia and Myanmar, but we will wait will we achieve critical mass in the region before taking the next step.”
Global and total foods company
Gupta added that Britannia CEO Varun Berry has placed much emphasis on developing the company to be a ‘truly global and total foods company’ since he took on the mantle in 2014.
“To be global means to expand our presence worldwide, and we’re looking that setting up more hubs to do that especially in South East Asia and Africa,” he said.
“As for becoming a total foods company, this means that we are looking at expanding our presence into other categories and segments out of bakery, for example into macro-snacking like wafers and into value-added dairy.”
Another overarching goal for the company is to provide ‘world-class products at the best value’, by using the ‘best ingredients from the best locations’ via secret recipes formulated over many years.
“Britannia has literally democratized the whole concept of high-quality products at affordable prices, making it possible for every average person in every level of society to afford our products and providing good value for money,” added Gupta.
Challenges
In response to queries about the major challenges that the company has faced so far in its 101 years of history, Gupta highlighted dealing with counterfeits and imitation products as one of the major issues he has had to deal with.
“We have seen the copying, duplication and imitation of not so conscientious parties happen many times, and the way we deal with this challenge is to overcome this competition with further innovation to provide the best value,” he said.
“We see these more as a catalyst to not only improve and do better, but also to learn how to become more efficient.”
In terms of sales volume and market share, it appears that this has paid off for Britannia – the company gained some 5% market share or 600 business points over the last six years in India despite the ‘spurious activities’ by counterfeiters, and Gupta is confident that this will continue to grow
Trends and innovations
In terms of innovation, Britannia houses its own in-house research centre complete with scientists and food technologists to make sure innovation is fast-paced.
“From the bakery space to health, chocolate, salty snacks, dairy and more, we are looking at innovation and NPD in all of these areas,” said Gupta.
“One of the key factors we are careful to pay attention is to make products ‘healthy yet tasty’, making sure that the excitement factor associated with our branding is not lost.
“The other is localisation – it is very important to cater to the local tastebuds of consumers in different geographies, and [because we are in over 79 countries worldwide, we need to be careful about this too.”
With regard to adapting to the healthy product trend, Gupta told us that Britannia is set to roll out norms with regard to sugar and salt reduction in the near future.
“This will be done in phases, and we will try to reduce by 5% in each phase. We are working with food safety authorities in India and the Gulf region to do this, and it will proceed through a calibrated approach,” he added.
A major goal for Britannia this year is to improve on the growth rate it has seen across the last five to seven years, and make sure this growth is sustainable.
Although Gupta remained coy on the actual targets, the company’s 2017-2018 Annual General Meeting report stated that consolidated revenue growth in 2018 stood at 9.7%, and consolidated profit growth in 2018 stood at 13.5%.


‘Democratising high quality’: India’s Britannia Industries ramps up international focus with first export-oriented factory
 

adsatinder

explorer
That is why I said earlier that India's current growth potential is infrastructure investments. For that India needs to privatize things so that companies can expand India's networks and government can improve infrastructure. And yes to AI. India does not have to develop AI for certain things. Companies like IBM will start providing on-demand AI applications that will revolutionize healthcare among other things. These apps could potentially eliminate the need for as many doctors and may provide a quick diagnosis of diseases or even lab tests. You many not need as many analysts to perform medical analysis. You can also use some of similar on-demand computing for stock market analysis as well. 5G will revolutionize many things.
India has not good roads other than in North India forget about other parts of India.
No one is able to do basic things improve then who will do next gen things at all ?
No one is going to make Mobile Communication Towers in villages.
Not good market is there as If you are feeling it hard to sell Rs.2 product in villages,
How can you sell Mobile Connections there ?
Jio is feeling the cruch badly with other companies now.
 

adsatinder

explorer
Dominos is able to have it's branches in more than 20 years only in 271 cities.
Imagine the growth over the years.
Why they are not able to move to interiors ?



Jubilant FoodWorks
From Wikipedia, the free encyclopedia

Jubilant FoodWorks Limited BSE: 533155 NSE: JUBLFOOD /ˌdʒuːbɪlənt ˈfuːdwɜːrks/ is an Indian company based in Noida, Uttar Pradesh which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, and also for Dunkin' Donuts in India.[3] The company is a part of the Jubilant Bhartia Group.[4]

History[edit]
The company was incorporated on 26 March 1995 as Domino's Pizza India Private Ltd and began operations in 1996. It changed its name to Jubilant FoodWorks Ltd in 2009.[5] The company opened India's first Domino's Pizza outlet in New Delhi in 1996.[6]

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain Dunkin' Donuts to operate the brand in India.[7] Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012. Jubilant FoodWorks was named "Emerging Food Group of the Year" by The Economic Times in 2012.[8][9]

On 19 March 2014, the 700th Domino's Pizza outlet was opened at HUDA City Centre metro station in Sector-29, Gurgaon, Haryana.[10] The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014 financial year.[11] In January 2016, Domino's opened its 1000th outlet.

In 2016, Centre for Science and Environment(CSE) reported that their pizza bread were laced with toxins and carcinogens such as potassium bromate and potassium iodate. Domino's did not respond to the CSE queries Potassium bromate is a Category 2B carcinogen, meaning it can cause liver cancer.[12]

In 2017, live bugs were found in Domino's pizza seasoning sachets in Delhi. A video of the same went viral.[13] [14] This prompted Domino's to stop giving seasoning sachets for some time. When they restarted, they changed the packing from transparent to opaque.

India[edit]
Domino's[edit]
The first Domino's Pizza in India opened in New Delhi in 1996.[6] India was Domino's second-largest market in 2019, behind the United States surpassing United Kingdom.[15][16] In December 2014, India became Domino's 2nd largest market.[17] Domino's Pizza operates 1,200 stores in 271 Indian cities as on 31 December 2018.[11]

It was headed by Ajay Kaul since 2005. Pratik Pota became the CEO from April 2017.[18]

Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales as of December 2013.[15][16][19]

Dunkin' Donuts[edit]
The company opened the first Dunkin' Donuts outlet in Delhi in April 2012. Jubilant FoodWorks operates 32 Dunkin' Donuts outlets in 10 Indian cities as of 31 December 2018.[11] Apart from donuts, Munchkins, and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food.[20]

Domino's Pizza App
Android Iphone

Dunkin' Donut App
Android Iphone
Hong's Kitchen App
Android Iphone





Jubilant FoodWorks - Wikipedia
 

Big Daddy

Super User
Well privatize and open market for foreign investment and foreign companies will see what they can do. India does not allow more than 49% FDI. These barriers are what stops growth. Remove barriers and growth will happen. Currently, Indians want more protectionism. Many smartphone sellers want Ecomm sites shut so that they can sell expensive phones and keep their jobs. Like Parle G, people will stop buying phones too.
 

adsatinder

explorer
Well privatize and open market for foreign investment and foreign companies will see what they can do. India does not allow more than 49% FDI. These barriers are what stops growth. Remove barriers and growth will happen. Currently, Indians want more protectionism. Many smartphone sellers want Ecomm sites shut so that they can sell expensive phones and keep their jobs. Like Parle G, people will stop buying phones too.
Already Wallmart is here and now able to do much.
Alibaba also here but still paytm is in loss.
Why ?

They are simply destroying Wholesale Markets and Manufacturing Sector.
China is emerging as best source.
Why India is not getting similar facilities like Chinese Manufactureres get in their country ?
 

adsatinder

explorer
#CNBC #India #Economy

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adsatinder

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