1. Cellphone makers are betting on Rural India to revive the mobile phone sales which has started dwindling in top tier cities. Likes of Nokia, Samsung, Motorola and Spice are working on different business plans for these markets. This includes a separate distribution model, tying up with microfinance companies to offer handsets at easy instalments and launch handsets customised for the rural consumer. More details here.
The idea that I like the most is from Spice Mobile about "shared handsets". Shared handsets will allow many people to use the same phone with separate connections and hence reduce their cost of ownership.
2. Joint Secretary Ministry of Food and Processing India (MFPI) Ajit Kumar saidlack of food processing facility is resulting in annual loss of over Rs 48,000 crore of perishable and non-perishable commodities in the country. "We process only six per cent of the produce against an average processing of around 50-60 per cent in developed economies," He said.
Saturday, January 17, 2009
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