tsmg

"Interest rates are likely to go up 1.5% to 2% over the year," says Sunil Bhandare, advisor (government and economic policies), Tata Strategic Management Group (TSMG), a management consulting firm.

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Susnato Sen, Practice Head – Infrastructure, Tata Strategic Management Group “With the economy showing signs of revival, I expect infrastructure development to pick-up momentum in the New Year with focus on fast track implementation of flagship projects like NHDP. Addressing some of the policy issues like tardy land acquisition, lengthy pre-tendering approval process, ineffective dispute resolution mechanism and limited access to long term funding would be critical particularly to facilitate PPP. Apart from few companies, most would need to strengthen their capability in tapping this large opportunity. This relates to enhancing their project management skills, developing a global vendor network and addressing the quality and safety concerns of a project.”

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Private labels matter for several reasons, the most important of which is their higher margins. For retailers, gross margins on private labels are, on average, 25 per cent to 30 per cent higher than on those of manufacturer brands. In consumer products especially, retailers’ margins on national brands are in the 12 per cent to 17 per cent range, which is not enough to offset the cost of modern trade overhead. With a house brand, the margin can be upward of 40 per cent, points out Pankaj Gupta, head of the consumer and retail practice at management consultancy Tata Strategic Management Group. “From the retailers’ point of view, the urgency is obviously because of margin play.”

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