Can you pass the tea please?

Renowned Management Guru

Pakistan is the new potential market that India has in mind – to sell tea to, that is! Traditionally, Britain and Russia have been the biggest tea importers, but now the tea lobby has decided that it’s time to tap new markets. With this in mind, a 12-member team of tea officials, planters and traders had gone to Pakistan to market tea. There’s a huge need-gap that India can fulfil: In 2006, Pakistan imported about 100 million kg of tea from Kenya and only 16 million kg from India. India can easily supply more tea than that, right, given that the demand is so high? The Indian team visited the tea markets of Lahore, Peshawar and Rawalpindi, and the findings have been extremely encouraging. Other than Pakistan, countries like Egypt, Iran and Iraq are figuring prominently in the tea export list. The Indian Tea Association has set up marketing arms in Cairo and Tehran as part of a strategy to boost sales in the region. In November this year, the Ministry of Commerce will be organizing an International Tea Festival in Guwahati (because the state of Assam produces 55% of India’s total annual output). At the tea festival, the organizers are expecting delegates from Pakistan, Iran, Egypt, the United Arab Emirates and the United Kingdom.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri Initiative

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POST GRADUATE COURSES, Professor Arindam Chaudhuri, Renowned Management Guru and Economist

Better the foot slip than the tongue?

IIPM BEST B-SCHOOL

Born on April 10, 1941, in Lahore, to Shri V. Shankar Aiyar and Smt. Bhagyalakshmi Sankar Aiyar, Mani has always always been an exceptional performer in academics. He completed his elementary education from the prestigious Doon School, the Eton of India, and went for his higher studies to St. Stephen’s College & Cambridge University. He returned to India, cracked the Civil Service examination and joined the Indian Foreign Service (IFS).

After working for 21 years in the IFS, he joined PMO on deputation, when Rajiv Gandhi was the PM. Later, he quit the job and joined politics. Nevertheless, this was not his first tryst with politics. During his stay in Cambridge, Aiyar created a fl utter in UK, when he tried to organise a left -leaning student club during the Sino-Indian war. Aiyar entered the Parliament as a Congress MP from the Mayiladuturai constituency in Tamil Nadu in 1991. Aiyar was accomodated in the cabinet when Congress returned to power in 2004.

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Source : IIPM Editorial, 2007

Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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The culprit has the gold...

IIPM PUBLICATION

Close to 95% of the world’s cars run on fossil fuels and until oil is not completely depleted from the face of the earth, this situation is quite unlikely to change. The obsessive dependence on Black Gold has had devastating effects on the world economy. A commodity, which has the power to control the global economy, has had far-reaching effects on how business is conducted throughout the world spanning across all sectors. However, the forces of demand & supply in this space have created widespread price fluctuations & collateral effects. Oil prices moved from lows of $45 per barrel to a peak of $78 per barrel in 2006 – the highest price ever. The end-consumer is the worst affected by this volatility. Analysts believe that more practical solutions like ethanol supplementation will help reduce the oil-induced phobia. Moreover, since oil will continue to be a primary source for cars, fresh replenishments are expected to be done from the yet unexplored oil reserves in Alaska (USA) and Siberia (Russia). But still, it is quite evident that the world will need some saviour fuel very soon.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Answers from the Sea

IIPM BEST B-SCHOOL

In the lobby of PharmaMar, a biotechnology company on the outskirts of Madrid, neon fish dart through a coral-filled aquarium. On the walls hang dramatic photos of underwater creatures. These visuals highlight a relatively unexplored terrain in biomedical research: the sea. PharmaMar’s research offers a tantalizing glimpse at this new frontier in medicine.

“Most of the drugs that have been a success in cancer treatment have come from a natural source, but a terrestrial source,” says Carmen Cuevas, director of resea rch and development for PharmaMar. “Why not use the sea as a source, if life started in the sea?”

This idea is exactly what spurred the creation of PharmaMar, one of Spain’s oldest biotechnology companies, in 1986. Founder José María Fernández - Sousa, then a university professor involved in research and development at a local company focusing on microbiology and antibiotics, met a University of Illinois chemist who was examining mar ine products. Fernández –Sousa thought the sea could be a potentially perfect source of novel compounds, par t icularly t hose with ant itumor properties.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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GM in Toyota’s rear view!

IIPM PUBLICATION

In 1937, Sakichi Toyoda would have never thought that one day his local car company would be amidst the fiercest battle in the history of the industrial world. Toyota Motor company, as it is known today, has come a long way since it started the production of ‘model SA’ back in 1947. The company has raided Detroit with such an intense ferocity that there has been a scramble for cover among the big three. Seemingly, immortal Ford Motor company has gone in an un-recovered depression, as its sales and market share are on a continuous downslide, and a recovery looks bleak. There has been resistance but to no avail, it appears that Toyota is just cruising along and it has already overtaken Ford and DaimlerChrysler on the way.

However, the real tremors from this reckoning were felt by the mother goose, General Motor (GM). The erstwhile number one car-maker has just been overtaken by Toyota in terms of global sales, selling 2.38 million cars as compared to 2.26 million units sold by the former in the first three months of 2007. Toyota has finally annexed the throne of the world’s automotive industry as the Americans are reeling under mounting losses. Just to show Toyota’s lead over it’s American counterpart, in 2006, the Nippon star had profits over $11 billion while the ailing GM was busy figuring out reasons behind it’s massive $10.5 billion losses of 2005. One thing Toyota knows well is that there is no way the competition can induce some fear in it.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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