Since 2018, India is the second-largest producer of cement in the world with its production reaching 509 million tonnes per annum (MTPA). As recorded till September 2019 it was 163.59 MT. The top 20 cement companies have conquered 70% of the total domestic production; major manufacturing states include Andhra Pradesh, Tamil Nadu and Rajasthan. The …
The homegrown mobile brand Micromax started winning the market since Rahul Sharma started the company in 2000 in Gurugram. But since 2017, the place of Micromax has been unstable with a sharp decline in the revenue. The Chinese market has attracted the attention of Indian customers like no other brands. The brands like Xiaomi, Oppo, …
Micromax Failed Massively Against Tough Competition Read More »
![Why Jet Airways Was Grounded? [3 Major Lessons]](https://vedak.com/blogs/wp-content/uploads/2020/04/Untitled-9.png)
Fourteen years back in 2006, Jet Airways invested a hefty amount of 500$ million in cash for purchasing the Air Sahara. The founder Naresh Goyal was headstrong and rigid. He did not hesitate to go against the suggestion of the professional associates who warned him against the said investment. The “JetLite” was borne out of …
The largest three-wheeler manufacturer of the world, Bajaj Auto, a Pune based firm started its operations in the 1960s. The MD of Bajaj Auto, Rajiv Bajaj helped the company to regain its dominating position in the three-wheeler and two-wheeler market segment with the launch of Pulsar and its variants. The mobike sector has overshadowed the …
