Friday, March 09, 2007

Ajay refuses to be bogged down


IIPM MANAGEMENT INSTITUTE

Then what drives the nouveau bent? Ajay provides his view, “In India, with the booming economy, going out and eating has a huge market. Especially given the fact that our core target group, which goes out the maximum number of times to eat, is between the age group of 25-35.”

But with competition growing faster than one can say Jack Robinson (Last year, Papa John’s forayed into India; and now, Starbucks, Burger King and several of their ilk have also lined up), is the food business going to be nobody’s business? Ajay refuses to be bogged down: “The market is growing and there is room for everyone. The economy...has enabled us to have a positive return on investment within two years of opening any store. If we are focused on our aim, nobody (read competition) can be a hurdle.”

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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