Lalitha Srinivasan
The big theme of the day at AdAsia 2003 was the growing
trend of global Indian brands (GIBs). Presentations by Reliance chairman Mukesh Ambani and
Aditya Birla group CMD Kumar Mangalam Birla on the creation of a country strategy for
Brand India only underscored the complementary micro development of the emergence of GIBs.
It was also a day when home-grown Indian companies were highlighted. These included the AV
Birla group, Reliance, Tata Consultancy Services (TCS) and Ranbaxy.
The tone for the emergence of GIBs was set by advertising
guru Ian Batey, chairman emeritus, Batey Advertising, Singapore, who drew up a list of
Indian brands and companies from across sectors which have the power and potential to
become GIBs. While some picks were predictable, others were rank outsiders. Mr. Batey is
best remembered as the creative guru who conceived the Singapore Girl campaign, which
still remains an integral part of Singapore International Airlines' strategy.
This is how Batey placed his bets on potential global
Indian brands: Infotech players like TCS, Wipro, Sankhya and Infosys would be able to
eclipse western giants if they have global strategic plans in place. A surprise pick was
ITC in the FMCG category, which he predicted could give HLL a run for its money in this
business. Predictably, Ranbaxy, Mr. Batey added, is his serious choice to tap the
$400-billion global pharma market. He also said that if Tata Tetley is able to have a more
distinctive India link, it would be able to emerge a stronger brand. And in the
biotechnology sector, AV Birla group and Reliance should be front-runners. Another brand
that the marketing guru said holds potential is Old Monk. The global booze business is
worth about $550 billion and if Old Monk's brand strengths of toughness can be honed
further, it could take on the mighty Bacardi in international markets. Surprisingly, the
Nutrine brand in the confectionery segment was picked for its toughness, resilience and
strong indigenous research and development capabilities. In the textile segment, BE from
Raymond's was one that he felt which could put India on the global textile fashion map.
He added, "there is need to move well ahead of China
by adding more value to the 'made-in-India' label."
When the farmer co-operatives created the AMBO brand for
Alphonso mangoes, he said that there was a huge opportunity to expand its export sales by
a conservative 1,000 per cent from the current levels. Finally, he also added that given
the high creative standards of advertising and communications in India, there could well
emerge an Indian-owned advertising conglomerate that spans across the world.
If Batey's predictions set the tone, India CEOs and
advertising gurus only concurred. Said Mr. Birla: "There is a strong trend that is
emerging steadily. Many Indian brands have already entered the Asian countries and are
doing well there." Added Thomas Verghese, executive president (marketing), Grasim
Industries: "Our group's flagship brand Grasim is now present in 18 countries."
Ad veteran Ashok Kurien, managing director of Publicis Ambience, said, "five years
ago, the scene was different. Now more than ten Indian brands in different sectors are
doing well in foreign countries. For instance, Zee television channel has presence in 87
countries across the globe."
Added Shekhar Bajaj, chairman and managing director, Bajaj
Electricals, "it will be a slow process, but there's no doubt that Indian brands have
already taken on MNCs." Summed up Vikram Kirloskar, vice-chairman, Toyota Kirloskar
Motor Ltd: "I think if the brands offer good value for the money consumers pay,
they'll perform well anywhere across the globe."