Logo

0
Your cart is empty empty bag

Free Worldwide Delivery on orders over $50

Х

Bottom of the Pyramid Market in India: Insights and Experiences

 
Amit Singh Sisodiya (Editor) N. Janardhan Rao (Editor)
Synopsis The term, 'Bottom of the Pyramid,' was first coined by management guru, CK Prahalad, who along with Stuart Hall of Cornell University in his 2002 path-breaking article, "The Fortune at the Bottom of the Pyramid," provided the first articulation of how companies can profitably serve a huge untapped market of more than 4 billion people living on less than $2 per day, which according to Prahalad, has remained largely underserved and unserved till today. However, successes of firms like P&G, Unilever, ICICI Bank, and Cavinkare, are seeing increased number of firms now evincing interest in the concept, internationally. According to a World Resource Institute-IFC study, the Bottom of the Pyramid market in India is estimated at about $1.205 trillion, in purchasing power parity terms, and makes up 84.8% of the total $1.42-trillion national household market. Further, as per the report, the country's BOP segment accounts for 88.1% of the total national household expenditure on food, 87.2% of energy expenditure, 85.3% of health spend, 78.8% of household goods expenditure and 52.6% of the country's spend on information and communication technology. Against this backdrop, the book attempts to offer useful insights into India's evolving BOP market, industry segments such as FMCG, financial services, housing, education etc., which present huge opportunities for marketers to cater to the BOP market, the strategies adopted by some of the early movers, and also the factors that would hold the key to successful penetration in this market.
Read more
38.70 34.83 $ 43.00 $
Free delivery Wolrdwidе in 10-18 days Ships in 2-4 days from New Delhi Membership for 1 Year $35.00
Get it now and save 10%
Members SAVE 10% every day
BECOME A MEMBER
About the authors

Amit Singh Sisodiya

Amit Singh Sisodiya is Deputy Editor with the ICFAI University Press. He holds PG Diploma in Equity Research & Analysis from the ICFAI University. He has over ten years of work experience in industries like FMCG, equity research, financial services, and academics. His articles have been published in various magazines published by the ICFAI University Press. He is also the consulting editor for The ICFAI Journal of Mergers & Acquisitions. His areas of interest include corporate strategy, financial markets, and mergers & acquisitions. He has edited a few books published by the ICFAI University Press.

N. Janardhan Rao

N Janardhan Rao holds an MA (Economics) from Osmania University and PGDBA. He is presently working as Deputy Editor at the Icfai University Press. He is a member of Board of Editors of Icfai and also Consulting Editor of Icfai Journal of Knowledge Management, and MBA Review. He regularly contributes articles to the Chartered Financial Analyst magazine and other Icfai Publications, such as Icfai Reader and Global CEO. His articles have also been extensively published in The Financial Times column, a publication of the Times of India Group. He has also edited more than two dozen books published by Icfai Books. His areas of interest include business environment, international finance, financial markets, corporate strategy and general management.

Write a review
Reviews 0in total
 

Bibliographic information

Title Bottom of the Pyramid Market in India: Insights and Experiences
Format Hardcover
Date published: 10.12.2008
Edition 1st ed.
Language: English
isbn 9788131415405
length 292p.