FORD all set to make INDIA small-car hub

India, is now one of the topmost and important auto hubs in the Asian continent. This has now been realized by most of the auto companies. So as a departure from the past, Ford has already started their manufacturing unit for small car in our country and is also planning to bring all their models what they have to the Indian market, attempting to catch up with the rivals and gain greater traction in the red-hot Indian car market that is setting new sales records every month.

What FORD has done earlier in INDIA was that they had rolled out escort cars in the nineties in a joint venture with the Mahindras even though it was a hit, they didn't realize the importance of producing a right-sized and right-priced car for the Asian markets. This is where they gave space to its Asian rivals like Hyundai and Honda which came up with appropriate models.

That is what FORD has realized and going to do now, and FORD Figo is just one part of their larger vision. Out of the small car market the 50% of the demand is for the hatch back segment and so they came up with the right model FORD Figo which is rightly priced and will be taking on Maruti Suzuki's Wagon R and Swift and Hyundai's i10.

The reason why FORD has chosen INDIA as their location for small car manufacturing is because, Allan Mullaly CEO of FORD motors is a fan of India's Frugal Engineering capabilities, where a complex process would be broken into basic components and further developing this basic components to final process economically. They have chosen Chennai especially because of the favourable governmental policies, tax benefits and the TN government is further going to improve the conditions for the manufacturing industries there.

The main strategy for FORD from the time when Allan Mullaly has taken charge from 2006 which he calls "Laser Focus on the Mother brand", because its a brand that people recognize and appreciate and we want to grow it and be focused on it, CEO said. This is the main reason why they have sold one of their premium brand Jaguar Land Rover to TATA recently, and even they are in talks to sell their another brand VOLVO cars to a firm in China.

The future implications will be from the FORD point of view they could gain a greater traction of the small car Asian market which they are lacking now and from India's point of view our economy would be benefited as FORD is going to export the car from our country to other places and it will also help the local component manufacturers of our country.

FOOD INFLATION RATE SLOW DOWN TO 16.30%
The current food inflation rate has declined from 17.8% to 16.30% for the week ended March 6th.The decline is due to the decrease in the prices of vegetables and pulses. Prices of vegetables like onion and potatoes has come down to 11.08% and 3.5%.The pulse have also become cheaper. Sugar prices have come down due to higher production estimates in major producing states like Maharashtra and Uttar Pradesh. In the beginning of the year 2010, the food inflation rate marginally rose to 17.8% and this rise was due to the due to poor harvest. The highest inflation was in the year in year 1972 which was 25% and this was due to the poor integration of price policies and economic policies, import of beef and poor harvest. But the fuel inflation rate has gone up to 12.68%. It has been anticipated that the food inflation rate is likely to be the same for some period of time and rise when there is hike in the prices of diesel and petrol.

3G Spectrum and Broad band Wireless Access spectrum

It's boom times for mobile phones in India.And people are looking forward to more information ,faster data access and multimedia services through their mobile phones.3G technology turn this dream into reality.Spectrum refers to a range of frequencies.1G networks are analog.2G networks are digital.2G stands for second-generation wireless telephone technology.3G(third-generation) technology is used to enhance mobile phone standards.3G helps to simultaneously transfer both voice data( a telephone call) and non-voice data (such as downloading information,exchanging e-mail,and instant messaging.The highlight of 3G is video telephony.3G services will enable video broad cast and data-intensive services such as stock transactions ,e-learning and telemedicine through wireless communications.Japan was the first country to introduce 3G on a large commercial scale.In 2005 about 40 percent of subscribers used only 3G networks .It is expected that during 2006 the subscribers would move from 2G to 3g and upgrade to the next 3.5G level.
There are about 60 3G networks across 25 countries .on 19th march 9 players applied for 3G and 11 players applied for Broad band wireless access spectrum .Almost all leading private telecom companies including Bharti Air tel,Vodafone,Essar,Reliance communications and Tata Tele services have filed their applications for the 3G spectrum auction will be held next month (april 9th).similarly etisalat DB ,a joint venture between UAE-based Etisalat(Emirates Telecommunications corporation and swan telecom,will also be bidding for spectrum to offer adv--anced mobile services.
All the major players are likely to join the bidding that will begin on April 9.All the major players are likely to bid for pan- India licence.The Department of Telecommunications,which has fixed a reserve price of 3500 crore for pan-India spectrum ,is targeting over RS 20000 crore revenues from the 3G Spectrum auction.Similarly ,for the wireless broadband access(BWA or Wimax) spectrum 11 players- Tatacommunications,Qualcomm,Tikona,vodafone Essar and some other players submitted applications for BWA spectrum.
3G has successfully been introduced in Europe .But several issues like high licensing fees,high infrastructure hamper its growth.
4G technology stands to be the future standard of wireless devices.currently Japanese company NTT docomo and samsung are testing 4G communication

Renovation of Batch 18c Blog - A New Start

I got a good news for all of you. I had a talk with our class teacher, Fatima Mam. Our blog posts have been evaluated and marks has already been submitted for the same.

She has given permission to continue this blog and has given full freedom to express yourself through this blog, but then this blog needs a renovation. What is your opinion?

What I suggest :

Some blog posts should be deleted and only few quality, meaningful blogs should survive before we start a new journey.

Lets not just limit ourselves to copy paste or to the business articles. We are dealing with corporates and business side too much already. So let this blog show the creative side of yours. Let more poems, short stories, experience be posted. Be different, be creative. Let the writer in you live it's dream here. Let this be the dwelling place for your writer. Who knows tomorrow you may write your own novel.

This is not for evaluation, so post not for marks or to impress anyone but post right from your heart. That gives a life to your blog post and more comments/feedback would flow into it.


Add pictures to give life to your blog. If you face any issue we can start a technical support blog too where we can post our queries and rest all can sort out the issue. Let this be the teamwork than individual effort. Lets motivate each other.

Do not just blogs, lets read others post too and comment on it. By the way if your blog is interesting I am sure it would attract many readers.

We can start debates in here too.

Now what we need to do is, post the title of two blogs which you liked the most out of 225 blogs. I know there are many blogs which are too good but lets select two best blogs as per you.

So lets come together and make it a success. Post in more suggestions and your views about the same.

WALK WALK...............

INDIA as you all know is a paradise of Diabetes and blood pressure, these two together with high cholesterol cause syndrome-X. Indians diet is very high in carbohydrates and saturated fats, this diet with physical inactivity leads to diabetes, blood pressure and cholesterol. Every Indian should realise that living with syndrome-X is harmful to health, which might lead to premature death due to heart attack or stroke. This is big burden on loved ones and family.


Every young Indian should realize that all the above disease can be prevented (for sure) through regular physically active life, healthy diet rich vegetables and fruits, and limit foods that are rich in carbohydrate and saturated fats. Those who are already living with these lifestyle disease, start regular physical activities right today and ward off disease related complications like heart attack, stroke, diabetic problems, kidney diseases and so on.


In addition, walking and other physical activities have vast health benefits. Keep you live longer with good health, mind and heart.


The food style of the individuals needs to be based on the lifestyle of that person. In turn, it should be something which is to be tailor made and it is to be strictly followed. Our ancestors had a very good composite food items. It had a good nutritive value and they even had a good physique too. By saying the so called development and modernisation, we are slowly forgetting or neglecting our native food resources. we should keep it in our mind to have the menu which matches with our daily calorie requirements and follow it. walking is a good source to keep our body and mind in a healthy condition. It saves our time in spending time unneccessarily in watching TVserials and in other means. It is a healthier practise which we should make as our daily routine for all in our families.


Remember,Health of Indian Human Resource is the real asset of the nation and Modernization is not blind westernization. So lets Indianise our Indians life.....

INTEREST IS NOT AT REST

THE ELEMENT WHICH DRIVES ECONOMY :-

MOST OF US THINK THAT MONEY IS THE IMPORTANT FACTOR IN THE ECONOMY.BUT WHEN YOU CLOSELY WATCH THE ECONOMY,WE WILL UNDERSTAND THAT INTEREST IS THE ONLY ELEMENT WHICH DRIVES IN THE ECONOMY.FOR EXAMPLE YOU ARE BORROWING Rs.1 FROM A BANK AT A INTEREST OF 10% WHILE PAYING IT BACK YOU HAVE TO PAY IT AS Rs 1.10 ,FROM WHERE DOES THE Rs .10 PAISE WILL COME.IT WILL COME OUT FROM THE BANK ONLY THROUGH GOVERNMENT.SO THIS LEAD TO THE RAISE IN MONEY CIRCULATION AND THE WANT TO CREATE MORE MONEY IN THE MARKET.BANKS PLAY A MAJOR ROLE IN INCREASING THE MONEY CIRCULATION IN THE COUNTRY.EVEN THE BANK PAY INTEREST TO ITS DEPOSITORS.SO ITS INCREASING THE MONEY CIRCULATION IN A VERY HIGH FACE.THIS LEAD TO RAISE IN INFLATION,MONEY CIRCULATION,DEPRECIATION IN MONEY VALUE ETC...IN ISLAMIC BANKING THERE IS NO PAYMENT OF INTEREST.SO IF IT IS ESTABLISHED IN INDIA THERE WONT BE REVENUE FROM IT.MORE OVER IT WONT HELP IN THE GROWTH OF GDP.SO WHAT THE GOVERNMENT IS NOT ENCOURAGING IT.

Family Comes First

Family is the emotional and moral support system of mine.My family consist of three members me and my parents.They have taken a great effort to recch me here.I believe that every parent does this for the sake of their child.So we should not forget our parent because they are like the "TREE" in our life,who save their children from every problem in life.....

Always be with your family and be happy................

EDUCATION EXCEL GROWTH

EDUCATION EXCEL GROWTH
We all know that India is a developing country and it will become developed by 2020. My question is how can we reach this level with much faster rate? Youth of any country is considered as future of that particular country. And to empower young generation with qualities and capabilities education plays an important role. But our country actual education scenario is something different.
The really critical aspect of Indian public education system is its low quality. The actual quantity of schooling that children experience and the quality of teaching they receive are extremely insufficient in government school. A common feature in all government school is the poor quality of education, with weak infrastructure and inadequate attention. Its consequences are really very dangerous which creates inequality and retard growth of our economy.
Another reason for poor quality of education is the poor quality of teachers in government schools .Government schools are unable to attract good quality teachers due to inadequate teaching facilities and low salaries. The government currently spends only 3% of its GDP on education which is inadequate and insufficient. To improve the quality of education, the government needs to spend more money on education.
Recently Nitish kumar (chief minister, Bihar) has appointed approximately 2 lakh primary teachers for government schools in Bihar. Other states must also follow this, and help our economy to be a developed economy as soon as possible.

Budget 2010

Union budget 2010 focus on agriculture, growth and infrastructure. The income tax slabs are changed, making it wider and simple. But this change is not beneficial for lower and middle class people. Income tax for income from 160000 to 500000 is 10% and from 500001 to 800000 is 20% and above 800000 is 30 %. The GDP growth to be targeted at 9%. There is a partial excise rollback on cement and large cars, this means the price of these items will go up. The construction sector to be adversely affected by the rise in cement price. Tobacco product excise duty to be increased. The petroleum price will go up and this could lead to price rise of essential goods. Jewellery will also see a hike in price with higher customs duty proposed on imported gold, silver and platinum. Electricity bill could also go up dew to the introduction of service tax to service provide by the electricity exchange.
I still feel that we as a country still lacking the will power to take the health cover and rural housing to every citizen of the country. NREGA is a good step towards the upliftment of rural India but the implementation needs to be checked. Making policies is easier than implementing them.

Electronic Mailing & Ethics...

Hi Friends,

Yesterday in our Communication Class we were discussing the case, Electronic Mailing and Ethics...

There was a lot of participation in the class, kudos to that... but unfortunately, I could not be a part of it, thanks to the Marketing Exam we were having today... I was lost in the world with Philip Kotler (not that it really helped me much today), but as I did not share my views in class, I thought I'll share my views through our blog...

I would like to share with you what I learned about this topic through my work experience. Just before I joined for my PGDM... In the office where I worked, we were all provided with official e-mails and official mobile numbers. Now, most of us think that our official e-mail is our personal belonging and it is not fair for anyone, not even our employer to 'snoop' around its contents.

But this is where we are wrong... We need to understand that an official e-mail or an official mobile number belongs to our employer. When we leave the organization we do not carry this e-mail or mobile number out of the organization with us, but surrender it on the last day of our work with that company.

Hence as long as we are in the organization, our employer has every right to know, how we are using these facilities which are provided to us, to make our work easier.

During my tenure with the organization, I remember an incident where-in one of my colleagues was caught by the management for sharing a 'harmless' joke over the official e-mail system. I would like to remind you that in any organization, the use of the official e-mails and official mobile numbers are closely monitored, as it is the company who is paying the charges for their use.

Hence we need to be careful while using these facilities at work... Even when we need to share our grievances about our boss or our work, let's not use this source, but it would be much better if done face-to-face during one of the many routine meetings that we are likely to have. That would definitely fetch good results and elicit appropriate action from the side of the management as well.

I would like to sign off by reminding you of what Fatima Ma'am said at the end of the discussion, "when we are at work, let us enjoy our work and not think about our home, family or friends at that time, because that is not what we are paid for... After working hours, let us enjoy our life away from our work, with our friends and loved ones... This would definitely help us to enjoy both the personal and professional worlds we live in..."

So, let's try to get the best out of both these worlds in our life!