Deciphering the Indian Business Space

Managing a Business activity in India is not the easiestThe Indian 'Middle class' seems to be the favorite
of tasks. In fact it is one endeavor where even sometarget for almost all Multinational businesses and their
of the world's biggest organizations have failed. Theofferings. The consuming patterns of this class of
single reason for this is the flawed perceptions mostpeople is definitely undergoing a transformation, with a
business concerns have about the Indian Businesssignificant quantum of earnings being spent on
space. The media in a certain way has contributed to'discretionary' items such as entertainment, consumer
these perceptions. There are certain cities in India thatdurables, books and so on. Yet this class is not
seem to have hogged the limelight with the Westernnecessarily 'brand' driven and therefore evaluates
press and they include Bangalore and Hyderabad. Butevery product and service purchased, in terms of
remember the realities are not necessarily what you'value for money'. It does not have any qualms in
read about, in these media stories.shifting to a non branded offering if the offer were
Some of the 'must know' realities about India, whichperceived as better value. The 'value' perception in
can help any Business concern wanting to make anmany cases is 'price' sensitive. India's individual
entry, are -purchasing power may climb from $2149 in 1999 to
Land of Diversity$16500 in 2040. The brand driven culture in India can be
Do not ever assume India to be one big homogenouslimited to a few metropolitan cities, such as New Delhi,
mass. That is, the consumers cannot be slotted as oneMumbai, Bangalore, Chennai and a few other smaller
single huge entity. Unlike most western countriescities that have attracted a migrant crowd because of
where elements such as language and religion couldthe growth in services sector in them. They include
contribute to a certain homogeneity that could exist inPune, Hyderabad and Gurgaon.
society, in India there are myriad factors that contributeThe states that promise a burgeoning middle lie to the
to unbelievable diversity. Take language for example,south and west of the country. These states show a
the constitution of India has stipulated the language forpromise of a huge middle class community with the
official communication as English and Hindi. In addition, itnecessary purchasing power at least by the year
classifies a set of 22 scheduled languages which are2020. Contrasted against these states would be the
languages that can be officially adopted by differentstates to the east of the country that include Bihar,
states ( there are 22 States and 7 Union territories )Uttar Pradesh and Orissa which will take even more
for administrative purposes, and also as a medium oftime to develop this 'middle class'. Add to this the North
communication between the national and the stateeastern states,and the picture is not too rosy.
governments. Though Hindusim is the religion that isBureaucracy
practiced by majority ( 81% ), Islam, Christianity, Sikhism,The bureaucratic system that is found in India is stifling
Jainism, Buddhism and Zoroastrianism, are practicedslow, problematic and corrupt. In the words of Mr. T N
too. Food Habits too change from region to region.Seshan, former election commissioner and Cabinet
Religion, Caste restrictions, geography, weather, andSecretary, ( quote ), "We have the largest number of
influences from other countries ( invasions andlaws covering and uncovering almost every aspect of
occupations ) have all contributed to the diversity inhuman life. But the inside out of Indian democracy
Food Habits.today is that law is obeyed more in circumvention and
All of this points to a diverse population that cannot bedefiance than in effect...All that we built to enshrine
painted with the same brush in terms offreedom has been eroded by a plethora of decrees,
characterisations. Doing business in India almostlaws, rules, ordinances which serve a few; it serves
stipulates an understanding of this diversity. Somethe State, but not the citizens. Today it has become
Business Concerns have understood this very well anddesperately difficult for the citizens to defend
have therefore ended up being successful in theirthemselves against the onslaught of laws, rules and
ventures in India.ordinances, and against the overpowering destruction
The best example of this is McDonalds. The primaryof individual freedom and dignity...there is palsy at the
reason for their success apart from their 'competitive'centre and paralysis at the periphery...We have
pricing which made the burger extremely affordable, ispracticed socialistic principles for 46 years or more. At
their menu. The menu at McDonalds hase beenthe end of it, today, 20% of India's population takes
customised for the Indian palate. 'Beef' does not25% of its gross national income and 40% of the
feature on the Menu, due to religious considerations.population takes 2% of the national income."
The customised Menu, features items such as 'McAlooJust recently, the visiting Singapore Prime Minister, Lee
Tikki Burger, Maharaja Mac and McCurry among otherHsien Loong commented on the Indian Bureaucracy
Indianised dishes. Contrast McDonalds with Kelloggsand called it a stumbling block to investment by
which failed to understand the Indian palate and soSingapore companies in India. He remarked that
found the going tough in India with its offerings.Singapore companies wanted to invest in hotels in India
What also needs to be borne in mind is that at times,but the Indian bureaucracy was "too complicated" and
customisations should not just be restricted to theoutsiders took a long time to understand it.
country, but must also be extended to specific regions.An example of the difficulties posed by the Indian
In the business of Food and Beverage the Menu itemsBureaucracy is the case of American Agro Business
must differ from region to region. For example, to theCompany, Cargill Corporation. In spite of a go-ahead
south of India, where vegetarianism prevails, thisfrom the central government for a $15 million Salt
aspect must be reflected in the Menu Items. Similarlyprocessing Venture, problems from the State of
Coffee as a beverage finds greater favour in theGujarat, where the plant was to be located, forced
south of the country.Cargill to shelve the project.
The Great Indian Middle Class