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Here are some counter examples to the cynical uproar, I have specifically chosen examples of entrepreneurship born in India (against ones re-imported from the U
by avighnay 10y ago
Here are some counter examples to the cynical uproar, I have specifically chosen examples of entrepreneurship born in India (against ones re-imported from the US and elsewhere)
Successful companies that created products for the local market. All examples are from TamilNadu a southern Indian state. More such examples exist all over India. Such examples are not possible without having consumer interest at heart, Indian companies not respecting consumer interest is a myth in my opinion.
http://www.slideshare.net/SuganPragasam/chick-shampoo-case-study http://www.slideshare.net/SuganPragasam/chick-shampoo-case-s...
http://www.slideshare.net/Rushabh93/cavin-kare-and-chik-shampoo-rural-marketing http://www.slideshare.net/Rushabh93/cavin-kare-and-chik-sham...
https://yourstory.com/2013/09/entrepreneurship-r-ramaraj-sequoia-capital-india/ https://yourstory.com/2013/09/entrepreneurship-r-ramaraj-seq...
- erbdex 10y agoGreat picks. But notice how these are specifically in the FMCG domain. ParleG- an 8 cent biscuit out of India is the world's highest selling biscuit. The article IMHO talks more of the mainstream digital Internet businesses which largely ignore the 200M non-english speaking people on the "Indian Internet".
- pakhibagai 10y agoYes, the Unilevers and the P&Gs of the world did a great job at understanding India and customizing their products. (And then Baba Ramdev came along with Patanjali!) Incidentally was on a call with the CEO of Scripbox today who mentioned that he had to innovate his KYC/documentation process for the Indian market as people wanted the convenience of having it picked up vs. couriering it themselves. However, getting back to the point - very few companies other than the FMCG space cater to non-English speaking/ local language users in India. Localization is key to India, but for some reason largely overlooked as of now.
- vivekpani 10y agoCan't agree with you more! One Dr. Kalbag, a man I respected a lot but couldn't meet, created a curriculum for school dropouts. His school in the Pabal Village in Maharashtra showed what the genius in school drops could produce. The local manufacturing in India is massive. I do not agree with those who say India is a service economy only. However, the last of literature and knowledge in local languages limits many such genius.