Kerala

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

The moment you think of this place, you want to slip into a dream. Beauty is what you associate with this state, and using its natural beauty to lure hungry eyes is the new big secret of prosperity for this state says savreen gadhoke

A country within a country? God’s own country?! Now wait, we’re not talking of something too far-fetched in imagination; we’re still talking India, rather Kerala. So, why this exaggerated gesture? Those serene backwaters and the coconut groves, those rubber and cocoa plantations, those ports in Cochin and Kollam, all remind you of one thing – ‘attractiveness’. If on one side there is a vast beach line of 575 kms (like in Kovalam and Varkala), on the other lies the Western Ghats, from where as many as 44 rivers originate and form the most scenic backwaters; the largest in the world! Situated on the Malabar Coast, Kerala was the first state to have declared tourism as an industry (way back in 1986).

The revenues from tourism touched Rs.10,000 crores in 2007-08 – an all-time high & an increase of 18% from the previous year. Close to 6,500,000 tourists flocked the state for the first 11 months of 2007 (out of which approximately 93% were domestic tourists). Till sometime back, tourism in Kerala was restricted to only the southern part of the state. However, the Government of Kerala is making efforts to promote tourism in other parts as well. Mohanan S., Deputy Director, Kerala Tourism asserts, “The Government is now concentrating on developing hotels and adequate infrastructure in the northern part of Kerala.”

For the year 2008-09, the Government of Kerala has sanctioned Rs.89 crore for the development of tourism – 12.6% more than in 2007-08, concerning which Kerala Chief Minister V. S. Achuthandan asserts, “The Kerala government will accord more priority to tourism and create infrastructure.” Apart from this, even the Centre has allocated nearly Rs.50 crore for promoting tourism in Kerala. Further on, he states that the private sector will play a major role in creating infrastructure facilities for tourism.

Kerala, due to its rich environment focus does not support heavy industries. But due to a high literacy rate it has immense room for the “smokeless industries” like IT. In fact, Achuthandan says that, “IT and tourism are the two sectors he is looking forward to.” Companies like Wipro & Infosys have invested heavily in the state. Navas Meeran, Chairman, Eastern Condiments, says, “The major advantage Kerala has is that it has huge skilled labour force and emerging companies are favoured.” The government plans to develop IT infrastructure in a hub-and-spoke model with Thiruvananthapuram and Kochi as the hubs. With nearly Rs.20,000 crore invested in the ‘industries’ sector since 2006, Kerala is all set to be a state for the capitalistic tourists as well!

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Mohammed Khan, Ex-Chairman

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Mohammed Khan, Ex-Chairman, Bates David Enterprise: Kunal is already a leader. He was a young chap when he had joined, but then he went to Singapore to work and came back as a very mature guy. He is one of the brightest guys around, with a balanced head on his shoulders. He is an organised person who has a good understanding of the creative process. He has consistently produced good work and is not like a young, frightened ad guy, but a solid, talented fellow. He has a very pleasant personality, is a team player, very likeable and vigorous. We sent him to head Delhi as the creative leader to guide the young talented minds of the office and channelise their creative energy in the right direction.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

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After burning millions of dollars on domestic tracks, comes the $4 billion plan to raise cash.

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

After burning millions of dollars on domestic tracks, comes the $4 billion plan to raise cash. How do they plan to spend it and what (if any) remains the sole means to save Indian aviation giants from doomsday? STEVEN PHILIP WARNER analyses…

NACIL, too, is on its way to acquire 111 more aircrafts from both Boeing and Airbus and for that matter, it plans to raise $1.5 billion, which would primarily be used for the expansion process. Besides planning a debt scheme from EXIM Bank, NACIL also has plans for an IPO. Ask Ashok Chawla, Civil Aviation Secretary, and he defensively asserts, “We’ll have to take a view on when to consider having the IPO based on the performance (of Air India), which will require the approval of the Cabinet.” Of course, he disclosed nothing about the deadline, but one thing’s for sure – NACIL can’t wait for long, if they are to keep abreast with aggressively expanding private players…

Then there are a host of private airliners – Jet Airways, for one, plans to raise $800 million. “50% of this total amount would be raised through dilution of shares through rights issue & qualified institutional placement. We’re in talks with financial institutions to finalise the finer details,” revealed a Jet Airways official. Then there is the now-Mallya run Kingfisher and Air Deccan combine, which is raising about $400 million for “overall expansion and international foray of Deccan & Kingfisher Airlines,” as G. R. Gopinath, MD, Air Deccan puts it. Interestingly, Mallya might end up diluting 15% of his stake in the merged entity. “There are talks in the boardroom that Mr. Mallya might just sell-off about 15-20% shares out of his 76% holding in the airline to raise Rs.16 billion and expand authorised capital by Rs.3.5 billion,” reveals a source in Kingfisher Airlines.

There are also other fish in this aviation sea that are willing to try their luck at the fund-raising game. Paramount Airways too plans to raise about $350 million and would absorb this sum to acquire more aircrafts to take the total count of its fleet to 47 by the year 2010. As M. Thiagarajan, MD, Paramount Airways adds, “By 2010, we would have a national presence and will get 40 more Embraer aircrafts till then. We’ll focus on one region, saturate and dominate before moving to other regions like we did in the South. We wanted to establish the brand before expansion even within the country and with our international plans we will always be a premium product offering only first and business class products when we enter Europe, the Far East and it will be a matter of fact before we fly the United States as well. We will have a global presence by 2015-16.”

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

For More IIPM Info, Visit below mentioned IIPM articles.
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
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Why Study Abroad When IIPM Gives You 3 global Advantages!