Don’t Panic…Economy is not struggling; It’s as era of Evolution!!!
There is an interesting insight to see the things from a
different perspective:
Often heard nowadays that " Indian Economy is
struggling ".
Sit back & think "Is the economy really struggling or
our business models are changing rapidly?”
Some of the awakening thoughts:
* Car sales are going down... but Ola / Uber/ Zoom/ Avis/
Myles and more Leasing & hiring services are rising!
* home buyers are getting less…but Hotel business is rocketing. Online rental home applications are off beating their own numbers.
* Restaurants are
going empty... but more of online food ordering apps are growing like anything…name
a few are; Delivery.com (Android, iOS), Swiggy (Android, iOS), Zomato (Android,
iOS), Uber Eats (Android, iOS), Yelp (Android, iOS), Food panda (Android, iOS),
Eatigo (Android, iOS) and other home delivery models are rising!
https://www.businesstoday.in/current/economy-politics/indian-online-food-ordering-market-set-to-grow-at-162-to-touch-1702-billion-by-2023/story/331156.html
https://www.businesstoday.in/current/economy-politics/indian-online-food-ordering-market-set-to-grow-at-162-to-touch-1702-billion-by-2023/story/331156.html
* Tuition classes are not getting students… but online
studying apps like Maritnation, BYJU’s, Wikipedia, SoloLearn, Coursera and many
more is rising!
http://www.aurumequity.com/the-online-education-industry-in-india-present-and-future/
http://www.aurumequity.com/the-online-education-industry-in-india-present-and-future/
* Local Traders are struggling… but organized markets like Lifestyle,
Reliance, Shopper Stop, Trent, Spencer’s, D-Mart, Big-Bazar and reference based
direct selling are breaking all records in sales!
https://www.ibef.org/industry/indian-retail-industry-analysis-presentation
https://www.ibef.org/industry/indian-retail-industry-analysis-presentation
* Local market & Retailers are struggling…but online
market like flipkart.com, Amazon.com, Ebay.com, snapdeal.com, jabong.com are
the few names growing with the pace of more than 100% YOY.
https://www.bloombergquint.com/business/indian-e-commerce-market-to-touch-usd-84-billion-in-2021-report
https://www.bloombergquint.com/business/indian-e-commerce-market-to-touch-usd-84-billion-in-2021-report
* Old commission-based businesses are snivelling... but
online services for almost every sector at low cost, are finding takers all
over!
* Farming was a task of farmers only…but look at the growth
of urban farming’s happening all over by the name of Urban-Gardens, Urban
Jungles and so on.
* Cell phone bills have reduced but the user base and
internet penetration are increasing like crazy.
* Stable (consider "Government Jobs") are
dwindling but "Start-up" jobs offering equity & Flexi work time
are expanding.
* Jobs seekers are reducing… but job creators are on the
rise.
* Per capita income has grown…expenditures of individuals
are growing.
* Travel of individuals, families, businesses, leisure’s are
growing like ever before.
Working 40 hrs a week for 40 years is trend of past. Working
for few years and spending quality time in contributing to society is the trend.
The bitter truth is
what we are experiencing a big transformation, transition phase and any transition
is painful for the "Better set"...
"The era of
Evolution"
It's challenging for those whose business models are based
on ancient data & methodology....
Old legendry player’s style
of Shrikant & Gaveskar cannot win one day & T20 matches today!
We need a Rohit/Virat style today.
It's a mystery for
those who have never looked beyond traditional methods or have assiduously
resisted change of any kind.
Economy is not struggling...Business is Changing.
CHANGING CONSTANTLY & RAPIDLY... And Sensex may be
dropping, but, maybe correcting the rise and this is happening worldwide.
Virtually blown-up growth bubble is settling down and real
growth is gradually coming up. Be a part of the game and become the
Game-Changer.
Recent statement of Narayan Murthy (ET 23 Aug 2019) where he has
mentioned it clearly that…
Indian Economy strongest in 300 years, investor's confidence at
historic high.
https://economictimes.indiatimes.com/news/economy/indias-fiscal-scene-never-better-in-300-years-gives-hope-of-poverty-elimination-n-r-narayana-murthy/articleshow/70793346.cms
https://economictimes.indiatimes.com/news/economy/indias-fiscal-scene-never-better-in-300-years-gives-hope-of-poverty-elimination-n-r-narayana-murthy/articleshow/70793346.cms
It is a time to
rework and analyse…how to adopt the change and grow with it! The clouds are
just getting clearer…it’s time to gear-up for new space; the better tomorrow
with open mind.
