Predatory Pricing to kill small business

Predatory pricing is a phenomenon that is used by foreign venture and private capital to displace an industry in India. For example:

The food delivery apps are displacing small restaurant, the taxi apps are displacing small tax wala, and the travel apps is completely displacing travel agents.

Why is it that trade associations, swadesh manch, Rss and other agencies quiet? more  

Even now, local taxi and auto walas are not behaving well and charging high rates than govt. rules or refusing to come. So where is the question of displacing.? If they had behaved well, public sympathy would be with them. But nobody cares for them because of their own attitude so far.

Food app are very convenient and bringing lot of business to local restaurants. more  
IN India these initial risks are indirectly giving training to youths on what is risk , what is job, what is business , what is responsibility , what is commitment etc etc in the expense of these international investors money . and once this training is over or if comes to an end our countries economical affordability can not afford or viable to these investors and they run away and these investment start working for India .The same happened in INDIA initially when IT came in to INdia they spend huge money in infrastructure like IT parks , Residential appartment of 1000 in numbers and to day they are vacant in huge numbers not salable .where as the small money india investors and making good money with small projects ad with their affordable level of investment and small return for their level profit. hence the price per square feet is now coming down to the average affordable level of people and their level Average income repayment capacity. So all are good . Of course the people in the age group 45 to 60 are on road neither here not they are IT qualified nor able to move to any other income platform to upgrade at this age. of course our kith and kin will enjoy all these in the years to come . as Only country economy stable and is on the positive side move is INDIA. more  
aUTO AND TAXI TRADE ARE THEMSELVES TO BE BLAMED ,THE ANSWER WAS ALWAYS NEGATICE TO GO ANYWHERE UNLES MET THEIR TERMS ON FARES ETC.NOW OLA AND UBER HAS SHOWN THEM THE WAYS OF OPERATION MAKING THE COMMUTERS HAPPY AND ALSO THE TRANSPORTERS more  
ARJUN SINGH JI. MR KAUSHIKK IS RIGHT. WE MUST CHANGE AND DEVELOP WITH TIME. ALL SMALL BUSINESSES IN THE AREA SHOULD JOINT AND UNITE AND TRY TO GIVE BETTER SERVICE AND QUALITY. THERE WILL BE NO DEARTH OF QUALITY BUSINESS. FOOD SHOPS ALSO SHOULD GIVE BETTER QUALITY AND HYGIENIC FOOD AND LOOK AFTER THE INTEREST AND HEALTH OF THE CUSTOMERS.
CUSTOMERS WILL ALWAYS LIKE TO DEPEND ON THE LOCAL SERVICES, WHICH THEY CAN ALWAYS APPROACH IN CASE OF COMPLAINT OR CHANGES IN THE SERVICES. OLA OR UBER TAXIS ARE CHEAPER, BUT I STILL LIKE TO DEPEND ON MY LOCAL TAXI WALA, BECAUSE OF TRUST AND RELIABILITY IN HIS SERVICE. I CAN LEAVE MY BELONGING SAFELY IN HIS TAXI, WHERE AS IT IS NOT POSSIBLE IN OLA/UBER. OLA/UBER TAXIS TAKE TIME IN REACHING ME AND AT TIMES CANCEL THE TRIPS WITHOUT INFORMING, WHEREAS THE LOCAL FALLOW CANNOT DO SO. more  
Thanks, sir. Had our Vada Pav seller taken vada pav to USA, or other countries with nice presentation n hi fi, outlets it would have became world brand instead of McDonald burger.

This is what is missing in our country. Had our spice growers n sellers gone abroad for selling those spices, east India company n others from France, Dutch, Portuguese would not have came to India, which made us slaves for 2 centuries.

Jai Hind more  
Sir, those who don't change with time they perish. Travel agents n hotel booking agents have looted public, n cheated also, why we have sympathy for them. What you have explained there also all Indian unemployed gets job we should not forget it.small restaurants n road side eateries all make good business. Even a small tea shop on footpath earns nearly 1000rs.per day if located in market place. Vadapav or pakodawala also make good business, inspire of their dirty unhygienic conditions n looks. more  
absolutely, we cannot keep blaming the govt for everything. If OLA and UBER are successful, it is not only because of pricing issues. The element of convenience to the customer is very important. yes there will be issues like lack of trust etc. But indian vendors need to innovate and improvise to retain their customers and also add new ones. There is nothing like a free lunch anymore. the faster we appreciate that better. more  
Post a Comment

Related Posts

    • State of the economy

      Good insights on what could be done to address the economy but given the collection challenges of gst and direct tax how can the govt boost rural give away.

      By Sudesh Rai
      /
    • GST

      20% of tax GST tax payers account for 80% of tax . the GST filing should be simplified to a large extent. I am also a registered GST member without appreciable turn over. The gst form can not be u...

      By Subramanian Venkataraman
      /
    • Is GST about to hurt genuine businesses - well it seems like

      The Govt is implementing new restrictions in availing input tax credits. So far, businesses have been claiming input tax credit based on their own invoices. For instance businesss &lsqu...

      By Vishal Khanna
      /
    • Banks shut on 11 days this month

      How do we as a country call ourselves open for business when our banks are closed 1/3rd of the time. 2 October Gandhi Jayanti 6 October Sunday 7 October Navami 8 October ...

      By Sudesh Rai
      /
    • Duty Cuts on Chinese Imports - 80% items

      I read the headline India may cut duties on 80% chinese imports. At a time when the entire domestic industry is under tremendous slowdown there cant be a policy that allows India to get ...

      By Rohit Jain
      /
    • China Sellers on ecommerce

      This is how they sell. Selling by live streaming on 40 different sites at the same time. Where is the Indian ecommerce seller - probably in some Govt office dealing with an inspector and making him...

      By Sujata Singh
      /
    • Smart Move

      Very smart move by FM. Firms can now choose to pay a higher rate & claim tax breaks or pay a lower rate with no tax breaks. Maybe many of the big firms crying about high tax rates will suddenly...

      By Naina Mittal
      /
    • Big boost bh Govt

      Cut in corporate tax to 22% is the boldest taxation reform by the govt. Will reignite corporate investment, bring back animal spirits in the economy, boost the stock market, stabilise the rupee. Th...

      By Sridhar Mohan
      /
    • Looking for Factories for Export to USA

      Looking for factories of Leather goods, belts, PU Shoes for exports to USA, the buyer is coming next week to Delhi, Kanpur and Agra

      By Kush Agarwal
      /
    • Tax Filing dates for companies

      Can the current deadline of tax filing date of sept 30th be extended to Nov 30th. Companies as well as proprietorship business are under lots of stress most behind on cash flow and reven...

      By Sudesh Rai
      /
    • This is not just moving from cars to app taxis

      Some people are saying no one wants to buy a car because people are taking ola/uber these days. This seems to be deeper. Ashok leyland sales halved in august 2019 sales fell for 5t...

      By Vishal Khanna
      /
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)