Louis Vuitton Fashion and Business

Every decade witnesses a change, a change in lifestyles, fashion, living standards, technology, and what not; food habits are no exception. With busy lifestyles pounding on the existence of the urban gentry, it is no longer the usual home made food all the time that is in the platter. Given the demand for food snacks, meals, chaat, sweets, and more, a number of restaurants has cropped. And if the restaurant happens to be that of a reputed brand, you will not easily get a seat; you will have to wait in queue to get it. Even if you want to buy take-away food snacks or chaat or any other items, you will have to wait as there will be many others like you waiting to pay the bill and get the items.

As aforementioned, food habits and lifestyles have changed to a great extent. This has in turn steered the growth of the snack industry. It is namkeen items including potato chips, etc. that are savored by people at large any time of the day while on the move. If you visit a home in India, the hospitality showered comes in the form of serving of some hot or cold beverages with the accompaniment of namkeen items and sweets. Bikano namkeen offered from the house of Bikanervala is one of the most selling items in the Indian snack industry. You will be spoilt for choices when you come across the menu of Bikano namkeen items. Worth mentioning are aloo bhujia, ratlami sev, peanuts, badam lacha, bikeneri bhujia, chana masala, cornflakes mixture, dal moth, ganthiya, kaju mixture, kashmiri mixture, khatta meetha, khoka bhujia, matar masala, moong daal, navratan mixture, peanut masala, and more. It is no exaggeration to point out the fact that once you taste Bikano namkeen, you wont feel like tasting the namkeen of any other brand. Such is the spiciness, taste, crispiness, and flavor associated. The sky is the limit for the Indian snack industry with players like Bikanervala catering to the snack and namkeen needs of the people at large.

Almost all of us who have anything to do with pleasure boats, wonder how is the boat market going to be in the future? Where is it going from here? Do pleasure boats have any future? Will the trend of owning and selling boats be a larger market or smaller due to world’s economy. What will particularly happen in Asia? Which country will be the major boat market? China, India, Indonesia perhaps? Importantly what steps should be taken today, in order to create a better market in these countries.
In Hongkong, we are realizing the obvious saturation of boating market and almost all dealers and global manufacturers of boats are pointing towards China and India. Making these 2 countries the biggest potential boating markets.
Lets talk about China first and realize that in 2005 we had big hopes for the boating business in China, we thought that the boating industry would be huge by the year 2010. Well, we are in 2010 now and China clearly has not picked up to that level of prediction, so the market is still slower than what the lot of industry experts had predicted. The reason behind that is China’s rules and regulations in pleasure boat industry. Taxation and licensing rules are very unclear in China. The rules are different for different states in China and for new boats there is a 40% tax.

Infrastructure and development speed in China however, is fantastic. But there are very few pleasure boats that are floating on the waters of China. There are definitely buyers for a high end yachts, but the maintenance is still difficult and costly. People are prepared to pay to own a luxury yacht but they are not willing to put a lot of time, over spend on maintenance, pay high taxes and go through long procedures to acquire licenses. Some marina clubs in China are now assisting in providing necessary licenses for their members, but it is not cheap. Another way the Buyers handle this issue, is by simply keeping and using their boats in Hongkong. This obviously overcrowds HK’s marinas and does not help much to boost sales into China.