[icernet] The desi touch of foreign brands
Arul Selvan
arulselvan at vasnet.co.in
Fri Apr 4 21:06:59 EST 2003
Flashback 1985: India had only terrestrial TV channels -- controlled by
the government. International magazines came into India weeks after
their release abroad. Indians travelled abroad mainly on work -- only
the super-rich affording holidays overseas. And foreign brands were
prized possessions brought back or imported from abroad.
Cut to 2003: The bombings of Baghdad, the Oscars in LA, the Miss World
pageant in London -- are all witnessed live, simultaneously by Indians
and their global counterparts. International magazines now have Indian
versions.
India has changed. The economic liberalisation in 1991 has brought the
world into India, and transformed the life of the consumers in the
country. Simultaneously the Indian consumer has globalised -- in
thinking and in living. Three factors have contributed to this
globalisation: Media, Travel and Brands.
Details at:
http://www.rediff.com/money/2003/apr/04spec.htm
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