Thursday, April 3, 2008

'Think global, act local' new slogan of Indian advertising




A new Coca-Cola advertisement featuring Bollywood star Hrithik Roshan is pegged on the theme "Jashan Mana Le" or just have fun.
It's simple. A group of youngsters venture out for a late night bite, only to find the eateries shut. They meet Hrithik on the way and go on a magical midnight tryst with the star. Cola adds the fizz.
The advertisement connects with India's teeming campus fraternity and young professionals who are ready to add a bit of 'zing' to life in the new globalised environment. The Coca-Cola advertisements are classic examples of the current trend in the Indian branding and advertising industry - "think globally, act locally".

Industry watchers call it glocalisation - a saleable mix of the global and the local, which represents the human capacity to bridge scales from the local to global and vice versa. The term was first used by social scientist Manfred Lange in 1989 on the eve of the Global Change Exhibition in Moscow.
"Advertising agencies in our country are increasingly going in for international tie-ups. As a result, foreign brands are suddenly seeking local attention. The art of making an advertisement look local and endearing to Indians is the glocal spin-off in advertising," Vipin Dhayani, creative head of the Everest Brand Solutions, told IANS.
"When we see a spoofy campaign for MacDonald's with Dev Anand, Dilip Kumar and Dharmendra look-alikes making us laugh, it immediately connects us to our very own Bollywood in such a way that we forget that MacDonald's is an international brand," the adman said.
Glocalisation is a product of globalisation and the local reaction to it, explains Zubin Driver, network creative director of the television channel CNBC's TV18.
"The imperatives of business, transactions and intermingling cultures create a new bandwidth," he said.
Glocalisation of the market and the media that is increasingly becoming fragmented to cater to niche audiences in Tier II cities and the semi-urban centres across the country have impacted advertising.
"I would say glocalisation really took off over the last five years. Most global brands now have local execution. At the end of the day, the needs and the wants of people are pretty similar. But if we use local idioms for a global brand, it makes sense to the local audience," Nirvik Singh, CEO, Southeast Asia, Grey Worldwide Advertising, told IANS.
Consequently, distinctions between the national, local and international advertising agencies are gradually blurring as new challenges are emerging from abroad, especially in developing markets.

"Take the example of the HSBC campaign. In banking, understanding a micro-cultural universe is as important as delivering a 'global' understanding of the market place," Driver said.

HSBC had launched an India-specific campaign with the tagline "We understand your point of view" panning the burning socio-cultural and environment issues in the country. And it followed it up with another campaign, "HSBC provides your solutions."

Going by the fact that HSBC is a global financial entity, understanding India to position itself as an empathetic brand must have been a challenge, say industry experts. It involved building cross-cultural bridges.

According to David Gallagher, CEO and partner of London-based Ketchum, a leading advertising agency, the opportunities of a glocal market will reward agencies that can most adroitly bring their specialist expertise to the fore.

The internet has given a vital push to specialisation in a glocal market milieu. "The internet has spawned the growth of user-generated content and created a 'bottom-up' discourse in the consumption of the media globally," Driver said.

The trend is forcing admen and marketing people across the world to innovate all the time. New delivery mechanisms, the recipe for brand survival in the glocalised era, are shaping how many touch points a new consumer has.

"The Pepsi Mycan web videos are a huge example of how engaging and interactive content has created new level of consumer interactions. I believe a 'jugalbandi' between medium and messaging will hold the key to understanding new age communication," Driver said.

The Indian advertising industry, one of the biggest money spinners next to entertainment, is estimated at Rs.163 billion.

The trend, Dhayani felt, is here to stay. "In fact, it is getting larger by the day. India is a powerhouse in terms of consumerism. With its sound economy and population, it is obvious that MNCs will keep coming to India," he said.

Indo-Asian News Service

Australian firm wins $900 mn coal mine contracts in India


Australia's largest construction company, Leighton Holdings' subsidiary Thiess Pty Ltd, has won two contracts worth a total of Australian $1 billion ($900 million) over 20 years to develop and operate an open cut coal mine in India's Jharkhand state.
Leighton subsidiary Thiess will build the infrastructure, then operate the Chitarpur coal project in Jharkhand for 20 years, the company said in a statement to the Australian stock exchange Thursday.
"The long term contract between Thiess India and Abhijeet Group creates a solid foundation for the growth of our business in India," Thiess Asia chief executive Bruce Munro said in the statement.
"A key factor in the success of the project, located north west of Calcutta and about 90km from the state capital of Ranchi, will be a strong safety culture and maximising local employment and training, an approach used in Thiess operations around the world", he added.

Munro said over 115 million tonnes of coal would be mined over the next two decades and development work was scheduled to begin end of April, with mining commencing in October 2009.

The mine would have a maximum capacity of 6.75 million tonnes a year and would supply coal to steel plants and to a nearby 1100 megawatt power station.

Chairman of Abhijeet, Manoj Jayaswal, said in a statement that his company chose Thiess because of its world-class capability and mining experience in complex open cut pits. Thiess has established offices in New Delhi and Kolkata to focus on mine logistics, planning and servicing projects in India.

The company, which has operations throughout Australia, New Zealand, Indonesia and India, has an annual turnover of A$4.5 billion and work in hand of approximately A$10 billion.

Earlier, Leighton International was awarded a $720 million contract for the construction of offshore pipelines in India for the Oil and Natural Gas Corporation (ONGC).

The pipeline replacement project involves the engineering, procurement and installation of over 200 km of fixed and flexible pipelines in the Mumbai High field, 80 km off the coast of Mumbai. The work will begin in November 2008 and will be completed over three years.

Indo-Asian News Service

Intel unveils Atom processors for mobile devices


The Intel® Atom™ processor will be the name for a new family of low-power processors designed specifically for mobile Internet devices (MIDs) and a new class of simple and affordable Internet-centric computers arriving later this year. Together, these new market segments represent a significant new opportunity to grow the overall market for Intel silicon, using the Intel Atom processor as the foundation. The company also announced the Intel® Centrino® Atom™ processor technology brand for MID platforms, consisting of multiple chips that enable the best Internet experience in a pocketable device.

Global chip major Intel Corporation has launched five small processors under Atom trademark for mobile Internet devices and Centrino Atom chip for embedded computing solutions, the company said Wednesday.

Each Atom processor has 47 million tiny transistors in 45 nanometer (nm)scale, measuring less than 25 square millimetres. Built on a micro-architecture for small devices and low power consumption, the new chip can support multiple threads for higher performance and quick system response, Intel said in a statement.

The $38-billion US-based company demonstrated the power of Atom processors at Intel Developer Forum (IDF) being held at Shanghai in China.

The Atom family includes a single chip with integrated graphics in the form of hub and will have long battery life.

"Today is a historic day for us and the high-tech industry, as we deliver our first-ever Atom processor and surround it with a great package of technology. With device makers and software vendors, the Atom-based mobile devices will change the way consumers will access the world wide web (WWW)," Intel vice-president for ultra mobility group Anand Chandrasekher told over 1,000 delegates participating in the two-day forum.

Manufacturers will ship Intel's Atom-based mobile Internet devices from this summer. The devices will allow consumers to communicate, entertain, access information and be productive on-the-go.

"The products will represent a new class of next-generation, Internet-based portable video players, navigation devices, converged tablets and other consumer products," Chandrasekhar averred.

The Centrino Atom processor, which is Intel's smallest and world's fastest chip under three watts, has a thermal design power range of 0-65-2.4 watts as against 35 watts for laptops, average power range of 160-220 milliwatts (mW) and idle power range of 80-100 mW.

As Internet becomes more pervasive, the desire to be constantly connected via wireless broadband will continue to drive new compute-intensive consumer products. Intel processors are designed for computers that run and access Internet.

The Intel Atom processor is based on an entirely new microarchitecture designed specifically for small devices and low power, while maintaining the Intel® Core™ 2 Duo instruction set compatibility consumers are accustomed to when using a standard PC and the Internet. The design also includes support for multiple threads for better performance and increased system responsiveness. All of this on a chip that measures less than 25 mm², making it Intel's smallest and lowest power processor yet.1 Up to 11 Intel Atom processor die -- the tiny slivers of silicon packed with 47 million transistors each -- would fit in an area the size of an American penny.

These new chips, previously codenamed Silverthorne and Diamondville, will be manufactured on Intel's industry-leading 45nm process with hi-k metal gate technology. The chips have a thermal design power (TDP) specification in 0.6-2.5 watt range and scale to 1.8GHz speeds depending on customer need. By comparison, today's mainstream mobile Core 2 Duo processors have a TDP in the 35-watt range.

"This is our smallest processor built with the world's smallest transistors," said Intel Executive Vice President and Chief Sales and Marketing Officer Sean Maloney. "This small wonder is a fundamental new shift in design, small yet powerful enough to enable a big Internet experience on these new devices. We believe it will unleash new innovation across the industry."

With personal computing increasingly going mobile and the computer industry rapidly developing new classes of products to connect the next billion people to the Internet, the Intel Atom processor offers customers the unique ability to innovate around the new low-power design. In addition to the MID opportunity, Intel believes the demand for a new category of low-cost, Internet-centric mobile computing devices dubbed "netbooks" and basic Internet-centric desktop PCs dubbed "nettops," will grow substantially over the next several years. The Intel Atom processor is perfectly suited to meet these new market segments.

Intel said the Intel Atom processor also has potential for future revenue opportunities in consumer electronic devices, embedded applications and thin clients.

Intel Centrino Atom Processor Technology
The Intel Centrino Atom processor technology brand represents Intel's best technology for MIDs. Formerly codenamed "Menlow," Intel Centrino Atom processor technology includes the Intel Atom processor, a low-power companion chip with integrated graphics, a wireless radio, and thinner and lighter designs. Together, these components are designed to enable the best mobile computing and Internet experience on these new devices.

Tuesday, April 1, 2008

Marriott International Expected to Manage Four Hotels for Emaar MGF In India Starting in 2009

Marriott International (NYSE:MAR) expects to manage four properties in India for Emaar MGF beginning in 2009 as a result of the signing today of Memorandums of Understanding that could potentially lead to the opening of two JW Marriott-branded luxury hotels in New Delhi and Hyderabad.

When developed, these two hotels will join two previously announced properties Marriott will manage for Emaar MGF-a 250-room luxury JW Marriott-branded hotel in Kolkata (opening in 2011) and a 114-room upper-moderately-priced Courtyard by Marriott-branded property in Amritsar (opening in 2009).

"We are delighted by the strengthening of our relationship with Emaar MGF," said Ed Fuller, president & managing director of international lodging for Marriott International. "Emaar MGF has the vision, the vitality and sense of the market that enables it to develop outstanding hotels that appeal to a variety of current and emerging customer segments. We at Marriott International, meanwhile, have the broadest portfolio of lodging brands, all of which enjoy high customer preference and acceptance. We look forward to working with Emaar MGF to help bring both these two new JW Marriott-branded hotels to fruition."

Oxigen tie-up with redBus

Oxigen Services India Pvt Ltd, an IT-enabled multi-services platform and distributor of Recharges, Prepaid subscriptions and Bill payments today announced its tie-up with redBus. This will enable Oxigen's present and potential users to book and pay for bus tickets with OxiCash. redBus is India's largest online bus ticket company with a network of more than 250 bus operators plying on 3600 routes across India

Announcing the tie up, Oxigen Services India Pvt. Ltd. Founder Chairman and Managing Director Mr Pramod Saxena said, "enabling redBus services though OxiCash is an important category inclusion of travel services for large unbanked masses that needs booking of services at retail point of presence through Oxigen outlets or want to avail this service from mobile/web using OxiCash."

redBus CEO Mr Phanindra Sama added, "We are delighted to tie-up with Oxigen. Now a large base of OxiCash customers will enjoy the benefit of booking bus tickets using their mobile phone and web networks. We are always looking for new ways to add value to our customers and this partnership is a step forward for both Oxigen as well as redBus."

The tie-up will be particularly beneficial for those customers who don't own a debit or credit card and prefer paying by cash. The transactions adhere to the highest security levels and allay the fear of customers who hesitate to sharing their card details online.

DLF-Hilton Announce Seven New Hotel Developments in India

DLF and Hilton Hotels Corporation in India today announced that they have signed management agreements involving seven new hotel developments in the pipeline.

This marks the second stage in the DLF-Hilton Joint Venture Company's overall strategic development plans to build and develop 75 hotels in India in the next five to seven years. The new projects named today will bring the total number of new hotels under this DLF - Hilton alliance to 16, comprising 3500 rooms. All these 16 projects are in various stages of development and construction.

To be managed by an affiliate of Hilton Hotels Corporation, the seven new hotels will cover different market segments under the Hilton Family of Brands: Hilton, the upscale full service brand; Hilton Garden Inn, the mid-scale brand and the Homewood Suites by Hilton, an extended stay hotel brand.

The projects are:

-- Hilton Dwarka New Delhi - (300 rooms)

-- Hilton Garden Inn New Delhi / Dwarka - (400 rooms)

Homewood Suites by Hilton New Delhi / Dwarka - (100 rooms)

Hilton Residences Kolkata - (100 rooms)

Hilton Garden Inn Chennai / OMR - (250 rooms)

-- Homewood Suites by Hilton Chennai / OMR - (100 rooms)

Hilton Garden Inn Trivandrum - (200 rooms)

iQor Opens Second Call Center in India

iQor, Inc. (formerly IRMC), a premier provider of call center services, continues its global expansion with the opening of its second call center in India. With its new Center of Excellence in Delhi, iQor plans to employ more than 1,000 people by the end of 2008, nearly doubling its operations in India.

"India is well-established in the call center industry and we are pleased to have increased our footprint so quickly and dramatically over the last 18 months," said Vikas Kapoor, President and CEO, iQor, Inc.

Call center agents in India have the opportunity to work with one of the largest and fastest-growing global call center companies in the industry. As part of its ongoing commitment to employee retention, iQor rewards performance with no limits on income potential. iQor will provide employees with air-conditioned, home-to-home transportation to and from work.

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