|| SHANIWAR SAMWAD || 25-02-2023

 Recently, we heard that TATA  Sons gave a total of 470 nos of planes to both Airbus and Boeing which increased to around 800 nos with engines to British Royal Roice and US company G.E. Electric.

The total order is giving nos of jobs opening in the respective countries which will last some four to five years The wealth created by this order in their country is immense as it is acknowledged by the respective Head of State. The order itself shows the strength of the country and market requirements.

The complete news is in the public domain and we are not going to discuss it in length, but the market is showing a positive sign.

The domestic market is growing after the reopening. The traveling industry or hospitality sector is showing growth in double-digit, with both corporate and leisure travel increasing.

The job opening in the sector with skilled and semi-skilled people are getting jobs with good salaries.

The overall market share of our own airline company was not increasing as code sharing with international operators was tilted in their favor at expense of our carrier.

The divestment of Air India is the best decision by the government, which gave readily available code to our own airline, which will increase the share in domestic and international routes.

The domestic airlines will get benefit from this order as the market is not fully serviced and is still under WIP mode due to different policy majors taken by the central government and respective state governments.

The other issues which are hindrances in the expansion of the market have to be addressed so as to increase the revenue of both central and state governments along with creating wealth for individuals and corporates.

We are religious by birth whichever religion we follow, religious travel is continuous, with an average of at least a single trip in a year with family and friends.

The different corridors developed in religious places are going to increase the travel and time spent in the place will not only increase the revenue but other sectors will get benefit from it.

The faith is shown by the international community and their investment will spurr the activity in the local market. 

They need good people who follow the rules and are transparent, which is proved by all of us from time to time. The deal now we are getting is best and will increase this in future time.


Location: India

Comments

Post a Comment

Popular posts from this blog

FINANCIAL PLANNING REVISITED

Nowadays we are going through a lot of news negative & positive in the market on various aspects with different views. But surely for any individual, it is not that much easier. Life has changed for everyone on the planet, not just a few. It's a new beginning for each & every one. Whether he is just a college pass-out or a retired person. As no one was prepared for it. Everyone has done his or her financial planning priors to this tragedy which is good in that scenario. But a situation like this has forced everyone to revisit his or her financial planning. We Indians have a mindset to follow the same path which we saw others following. Now one or two income source is not going to work. As to get old days required will be at least 2 to 3 years. This means we have to prepare for not only pay cuts for a long time but also job or business loss. Till now we planned for following - Child Education - Child Marriage - Retirement - Home & Car - Vacation -
Read more

|| SHANIWAR SAMWAD || 22-10-2022

 Best wishes for "DIWALI". It is the first Diwali post-pandemic that is free from all issues. The annual sales which are based on the present sales figures festival season and projections for next year are dependent on it. The season has other reasons to make things exciting the report in various forums during the same period is also in the public domain. The one of most controversial is the hunger index on which lots of things have been said either in support or opposed to it. Another one is about the pensioner index which is an important one. We are going to see what the hunger index says in the context of our country. The report is based on the gallop report which is known for its business-related research papers. The comprehensive analysis is done by Dr. Vivek Debroy, the chairman of PM EAC, which gives details of the report rejection. One thing, which was raised by analysis is that we have our statics department which works in old fashioned and our reports on different s
Read more

|| SHANIWAR SAMWAD || 11-12-2021

 One small piece of news was printed on daily that the gender ratio of our country has changed from more male to more female per thousand. Means 1000:1020, i.e. for every one thousand males there is one thousand and twenty female. It is a very important development in independent India. The latest census which is underway showed the benefit of the campaign which was run by the government and the society together to save the girl child. But the malnutrition and other health issues are still a major cause of concern. Recently we were part of one discussion, namely the financial literacy amongst the female in our country. Generally, it is seen that women are not part of decisions or rather discussions of financial matters. The average financial literacy of women is less than that of means they do not take part in the discussion or they are not interested in the altogether. Our own experience shows the above-said statement is true. As the campaign which the government ran with the help of
Read more