Tag: Anuj Poddar

  • Vishal Chadha appointed as COO of Bajaj Electricals’ consumer products business

    Vishal Chadha appointed as COO of Bajaj Electricals’ consumer products business

    Mumbai: Bajaj Electricals Ltd has announced the appointment of Vishal Chadha as chief operating officer for the consumer products division. Vishal brings with him more than 28 years of extensive experience across leading organisations such as Britannia, Nokia, Snapdeal, and Kohler, with a strong background in sales, category management, marketing, and general management. An alumnus of IIM-Lucknow, Vishal has distinguished himself with notable achievements at Britannia, Nokia and Snapdeal, demonstrating expertise in driving revenue growth and operational transformation. His tenure at Kohler as managing director- India & South Asia has given him a comprehensive understanding of all business aspects, further underscored his proficiency to enhance profitability and elevate the brand to a top-tier position in the industry through strategic B2B initiatives and expansive retail strategies.

    Bajaj Electricals chairman Shekhar Bajaj stated, “I would like to welcome Vishal Chadha as the new chief operating officer for our Consumer Products Business. Vishal’s extensive experience and strategic acumen in driving growth and operational efficiency make him a perfect fit for this role. His leadership will be pivotal in accelerating our growth trajectory and enhancing our market presence. We are confident that Vishal will play a key role in our continued success and innovation.”

    Bajaj Electricals MD & CEO Anuj Poddar said, “Vishal Chadha brings a wealth of experience with a proven track record in driving growth coupled with margin expansion. He blends a consumer-centric approach towards the marketplace with a focus on operational excellence to ensure strong execution. I am confident his leadership will be invaluable as we continue to drive the next phase of our strategic journey for the Consumer Products Business. Vishal’s expertise will help deliver exceptional value to all our stakeholders.”

    Bajaj Electricals’ chief operating officer of consumer products, Vishal Chadha said, “Joining Bajaj Electricals is a remarkable opportunity, and I am excited to contribute to the company’s journey. The organisation stands out for its legacy of trust and commitment to quality. Its consumer products business comprises a dynamic portfolio of iconic, contemporary, and premium brands spanning a diverse range of product categories that are integral to every Indian household. Given the ongoing strategic transformation and innovation-led approach, the business is well-poised to grow rapidly over the coming years. I look forward to leveraging my background across FMCG, consumer devices, and e-commerce to driving greater marketplace gains and establishing a strong and sustainable consumer-centric business model. Together with the talented team here, we will work towards exceeding consumer and stakeholder expectations.”

  • Anuj Poddar to step down from Bajaj Electricals

    Anuj Poddar to step down from Bajaj Electricals

    Mumbai: Bajaj Electricals Ltd announced on 17 July that managing director & CEO Anuj Poddar will step down from his position, effective 30 September 2024. Poddar has decided to leave the company to pursue an external opportunity. During the transition period, chairman Shekhar Bajaj will assume his responsibilities.

    “The Board has accepted his resignation, recognizing Anuj’s outstanding contributions in steering the company’s transformation and growth over the past five and a half years,” the company stated.

    Poddar played a pivotal role in guiding Bajaj Electricals through a challenging period, orchestrating its overhaul and turnaround. Under his leadership, the company became net-debt-free for the first time in March 2022, relaunched its flagship brand ‘BAJAJ’, developed the ‘House of Brands’ strategy, and secured a long-term licensing agreement for the ‘Morphy Richards’ brand, among other accomplishments.

  • Bajaj Electricals elevates Anuj Poddar to the role of managing director and CEO

    Bajaj Electricals elevates Anuj Poddar to the role of managing director and CEO

    Mumbai: Homegrown consumer durables company Bajaj Electricals announced on Tuesday the elevation of Anuj Poddar to the roles of managing director (MD) and chief executive officer (CEO). Shekhar Bajaj will continue as executive chairman of the company.

    Anuj Poddar joined the company in late 2018 as its executive director.

    This announcement comes on the back of the ongoing and significant transformation journey and keeps in mind the company’s long-term strategy. The separation of the chairman and managing director positions is a continuation of the professionalisation of the management of the company and marks the company’s commitment to strong corporate governance standards, said the company in a statement.

    Bajaj Electricals chairman Shekhar Bajaj said, “Over the last few years, we have embarked upon a significant transformation journey at Bajaj Electricals – involving many changes on the business as well as organisational front. In continuation of that, I believe this will provide further impetus to the achievement of our strategic goals and demonstrate our commitment to strong corporate governance. Anuj Poddar has demonstrated exceptionally visionary leadership, executional ability, and passion in driving this transformation journey, and I am confident that in his elevated role he will continue to drive our company forward and add value to all stakeholders.”

    Anuj Poddar said, “I am thankful to the chairman and our board for entrusting me with this elevated responsibility. I am truly excited about what lies ahead of us at Bajaj Electricals – we have a clear vision and roadmap for building this future, and together with our entire team, we are committed to being a best-in-class organisation that delivers superior performance and value creation.”

    Over the last three years, Bajaj Electricals has undertaken multiple initiatives, including strengthening of the leadership, streamlining of its corporate structure, a turnaround of its performance and balance sheet, and the planned demerger of the EPC business.

    Further, the company achieved a key strategic milestone of becoming net-debt-free on 31 March 2022 – a first for the company in over four decades. Having achieved these milestones, Bajaj Electricals is preparing for aggressive growth across its businesses in a focused manner.

    The company posted its Q1 FY 22-23 results. For the first quarter of 2022-23, the company achieved revenue from operations of Rs 1,229 crore as against Rs 857 crore, a growth of 43 per cent over the first quarter of the previous year. For the quarter, the company made profit before tax and profit after tax of Rs 57 crore and Rs 41 crore, respectively, as against a loss before tax and loss after tax of Rs 31 crore and Rs 25 crore, respectively, in the corresponding first quarter of the previous year. For the quarter ended 30 June 2022, the company generated positive cash flow from operations of Rs 165 crore in cash equivalents and surplus investments of Rs 254 crore.

  • Bajaj Electricals on boards Ravindra Singh Negi and Rajesh Naik; aims for aggressive growth

    Bajaj Electricals on boards Ravindra Singh Negi and Rajesh Naik; aims for aggressive growth

    Mumbai:

    Negi will join Bajaj Electricals in July 2022 from Havells India, where he was president of the electrical consumer durables segment. Prior to that, he spent nearly two decades in Bharti Airtel in various roles, with his final role being CEO of the Delhi and NCR telecom circle.  

    Additionally, the company has also announced the formation of a unified lighting business segment by combining its consumer lighting business and its professional lighting business, which will be led by Rajesh Naik. He joined Bajaj Electricals in December 2019 and in this period has led a turnaround of the illumination business taking it to the leadership position in the industry. Naik has over two decades of experience in the sector.  

    The reorganisation and strengthening of the company’s leadership are on the back of the ongoing and significant transformation journey. Over the last three years, Bajaj Electricals has undertaken multiple initiatives including the acquisition of further stakes in Nirlep Appliances, Starlite Lighting and the planned scheme of arrangement for a split of the entity into two independent publicly listed companies (upon a demerger of its power infrastructure business). The planned split is likely to come into effect later this fiscal. Further, the company achieved a key strategic milestone of becoming net-debt-free as of 31 March 2022. Having achieved these milestones, Bajaj  Electricals is preparing for aggressive growth across its businesses in a focused manner.  

    Making these announcements, Bajaj Electricals executive director Anuj Poddar said, “Over the past three years, we have embarked upon a significant transformation journey at Bajaj Electricals with a clear agenda of driving growth and value creation for all stakeholders. During this period, we have consistently demonstrated our ability to deliver on the agenda with agile decisions and focused execution even amidst a tough environment. As we look forward to our next phase of this transformation, we are committed to even more aggressive growth and to driving operational excellence across our businesses. The reorganisation and strengthening of our leadership are designed to enable this. I am pleased to welcome aboard Ravindra, who comes with a stellar professional track record and strong leadership skills. I am confident that he will be able to drive the strong performance of our consumer products business. Further, in Rajesh, we already have a very strong leader who has successfully driven our lighting business to a leadership position. With his widened responsibility as head of the unified lighting business, I am sure that he will bring to fore his deep experience and a sharper focus on this overall business to re-assert Bajaj Electricals’ leadership in the Indian marketplace.”

    Newly appointed Bajaj Electricals COO of consumer products business Ravindra Singh Negi added, “Bajaj Electricals is an established leader in consumer appliances with deeply entrenched brand and distribution strengths. As an industry player, I have closely watched the changes over the recent past with several new initiatives that are strengthening its competitive position as well as transforming it into a best-in-class organisation. I am excited to be joining the organisation at this juncture and to build on this momentum of transforming a strong brand legacy into a future ready consumer centric and innovative organisation. I look forward to working with the team and leaders to deliver on superior growth & competitive performance.”

    Commenting on his new responsibility, Bajaj Electricals head of lighting business Rajesh Naik said “The last 2.5 years at Bajaj Electricals have been immensely challenging yet gratifying as we have successfully turned around our Illumination (professional lighting) business, driving its growth in an extremely tough market environment. We are now well poised in both the professional lighting business as well as in our consumer lighting business with several new product launches and innovations. I am confident that with this new unified Lighting Business segment we will be able to drive a much stronger go-to-market thrust, better synergies and cohesive operations. I look forward to working with our teams and channel partners to drive rapid growth for our business.”

  • Bajaj Electricals Ltd. donates Kabaddi Mat to Central Sports Academy Abhinav Dnyan Mandir to promote sporting activity among kids

    Bajaj Electricals Ltd. donates Kabaddi Mat to Central Sports Academy Abhinav Dnyan Mandir to promote sporting activity among kids

    Mumbai, January 21, 2018: Bajaj Electricals Ltd., India’s leading player in consumer durables, fans, lighting and engineering projects company donated Kabaddi mat to the Central Sports Academy Abhinav Dnyan Mandir, Karjat. The event is facilitated by Pro Kabaddi League and through this donation Bajaj Electricals aims to promote sporting talent & improving physical and mental well-being of around 200 kids. The school received the Kabaddi mat by Mr. Anuj Poddar, Executive Director– Bajaj Electricals Limited.

    Originated in India, Kabaddi has been one of the most popular games in India played on various levels and with the advent of Pro Kabaddi League in 2014, the sport has become a mainstream sporting activity in the country. The sport not only requires rigorous physical activity but also focused approach which helps improving mental fitness. Kabaddi is proven to improve stamina, speed, agility, multitasking ability, overcoming fears, presence of mind, concentration and self esteem. With these physical and mental benefits, Kabaddi is one of the quintessential games for school going kids to help them tackle daily life difficulties and achieve success.

    Commenting on the occasion Mr. Anuj Poddar, Executive Director, Bajaj Electricals Ltd. said, “Kabaddi is truly a sport with pan India appeal and connects to every age group, resonating with what we stand for as a brand. Bajaj Electricals as a company and Bajaj as a group are known to be socially responsible and believe in giving back to the society. Bajaj Group supports more than 5400 students through its initiative – ‘Krida Vikas’, which caters to 15 schools. We thank Pro Kabaddi League and Star Sports for facilitating Bajaj Electricals to donate Kabaddi mat to one of these schools. Through the mat donation to Central Sports Academy Abhinav Dnyan Mandir – Karjat, we are encouraging children to take up this incredible team game and we hope to see many Kabaddi champions emerging from the school.”

    Anupam Goswami, League Commissioner, Vivo Pro Kabaddi commented, “A sport can only grow if the partners associated with it actively work and invest in growing public and community engagement with the sport. We are glad that Bajaj Electricals and Star Sports will handover this Kabaddi mat for enthusiastic use by the students of Central Sports Academy Abhivan Dnyan Mandir, Karjat. I look forward to champions emerging from the same mat in the near future”

    Bajaj Electricals Limited has been a responsible corporate citizen of India and contributes fairly in the development of society at large. Company’s CSR activities are based on four crucial pillars – Diversity and Inclusion, Employee Volunteering, Community Initiatives and Sustainability. Apart from promoting health in school kids, the company is also helping underprivileged kids in their education and building a sustainable environment for them.

  • Colors launches HD feed for Kannada, Marathi and Bangla

    Colors launches HD feed for Kannada, Marathi and Bangla

    MUMBAI:  In a major move to dial up its already strong presence in the regional GEC play, Colors has announced the launch of its HD feed for three of its regional general entertainment channels – Colors Kannada, Colors Marathi and Colors Bangla. Colors is already known for its pioneering innovation, quality programming and high production values and launching the first HD Regional GECs in these markets is yet another milestone in its regional expansion plans. That the channels that have now become an intrinsic part of the social and cultural fabric of these regions, is apparent from the strong performance of its channels in these markets. Interestingly, this will be the first time that a regional GEC will add a Hi-Definition channel to its bouquet.

    Announcing the launch of the HD channels, Viacom18  Group CEO Sudhanshu Vats said, “When we brought the regional GECs under the Colors umbrella, we committed to raising the bar on regional content. This philosophy saw us attain pole position in the Kannada market, become a strong leader in the Marathi market and build up the connect with our Bengali viewers. Interestingly, during this period, the regional markets have seen tremendous growth in consumer lifestyles. With the HD launch of our regional channels, we are once again raising the bar by provisioning for the premium viewing experience that the markets now crave.”

    Colors Kannada, Colors Bangla and Colors Odiya  Project Head  Ravish Kumar  said, “We strive to offer varied content to our viewers without compromising on excellence – be it powerful storytelling, high production values, international reality formats, festival programming or movie premieres. Our aim is to delight audiences’ everyday with an entertaining and cohesive television viewing experience and launching  HD channels is yet another pioneering step in that direction.”

    Colors Marathi and Colors Gujarati Project Head Anuj Poddar  elaborated saying, “Colors Marathi has consistently innovated and redefined the entertainment landscape for Marathi audiences with its varied bouquet of shows and big scale events, while yet staying true to the roots of its culture.  We are yet again playing a pioneering role and upping the ante by being the first to provide viewers with High Definition viewing experience.”

    Colors Kannada HD will be present on leading platforms like Siti cable network ltd, Den networks limited, Hathway cable & datacom Pvt Ltd, Kable First India Pvt Ltd, Indusind Media and Communications ltd, E-infrastructure and entertainment (India) pvt ltd, Bhima riddhi digital systems and V4 media among others that offer HD services in Karnataka. Colors Marathi HD is being launched on Airtel and Tata Sky initially and will be rolled out on all other platforms, both direct to home and cable, thereafter. Colors Bangla will be available across all MSOs where DAS has been implemented over platforms such as Cable & DTH.

    Providing an enhanced viewing experience and delivering high quality, affordable entertainment that connects viewers to their culture, the all new viewing experience at a regional level will only be available on Colors Kannada HD, Colors Marathi HD and Colors Bangla HD.

  • Colors launches HD feed for Kannada, Marathi and Bangla

    Colors launches HD feed for Kannada, Marathi and Bangla

    MUMBAI:  In a major move to dial up its already strong presence in the regional GEC play, Colors has announced the launch of its HD feed for three of its regional general entertainment channels – Colors Kannada, Colors Marathi and Colors Bangla. Colors is already known for its pioneering innovation, quality programming and high production values and launching the first HD Regional GECs in these markets is yet another milestone in its regional expansion plans. That the channels that have now become an intrinsic part of the social and cultural fabric of these regions, is apparent from the strong performance of its channels in these markets. Interestingly, this will be the first time that a regional GEC will add a Hi-Definition channel to its bouquet.

    Announcing the launch of the HD channels, Viacom18  Group CEO Sudhanshu Vats said, “When we brought the regional GECs under the Colors umbrella, we committed to raising the bar on regional content. This philosophy saw us attain pole position in the Kannada market, become a strong leader in the Marathi market and build up the connect with our Bengali viewers. Interestingly, during this period, the regional markets have seen tremendous growth in consumer lifestyles. With the HD launch of our regional channels, we are once again raising the bar by provisioning for the premium viewing experience that the markets now crave.”

    Colors Kannada, Colors Bangla and Colors Odiya  Project Head  Ravish Kumar  said, “We strive to offer varied content to our viewers without compromising on excellence – be it powerful storytelling, high production values, international reality formats, festival programming or movie premieres. Our aim is to delight audiences’ everyday with an entertaining and cohesive television viewing experience and launching  HD channels is yet another pioneering step in that direction.”

    Colors Marathi and Colors Gujarati Project Head Anuj Poddar  elaborated saying, “Colors Marathi has consistently innovated and redefined the entertainment landscape for Marathi audiences with its varied bouquet of shows and big scale events, while yet staying true to the roots of its culture.  We are yet again playing a pioneering role and upping the ante by being the first to provide viewers with High Definition viewing experience.”

    Colors Kannada HD will be present on leading platforms like Siti cable network ltd, Den networks limited, Hathway cable & datacom Pvt Ltd, Kable First India Pvt Ltd, Indusind Media and Communications ltd, E-infrastructure and entertainment (India) pvt ltd, Bhima riddhi digital systems and V4 media among others that offer HD services in Karnataka. Colors Marathi HD is being launched on Airtel and Tata Sky initially and will be rolled out on all other platforms, both direct to home and cable, thereafter. Colors Bangla will be available across all MSOs where DAS has been implemented over platforms such as Cable & DTH.

    Providing an enhanced viewing experience and delivering high quality, affordable entertainment that connects viewers to their culture, the all new viewing experience at a regional level will only be available on Colors Kannada HD, Colors Marathi HD and Colors Bangla HD.

  • Fiction is staple diet while non- fiction is the dessert – Anuj Poddar

    Fiction is staple diet while non- fiction is the dessert – Anuj Poddar

    MUMBAI:  Over the last one year, Viacom 18’s Marathi channel Colors Marathi, has been a game changer in the Marathi television space. From a single destination of leading high octane events to being the home to varied fiction and non-fiction content, Colors Marathi has become synonymous with Marathi entertainment. Over a period of time, Colors Marathi has seen tremendous growth, not only in the viewership, but also in advertising profiling.

    Speaking with Indiantelevision.com, Colors Marathi head Anuj Poddar said, “We have benefited from the expansion of the market. Our viewership has grown by 2.4 times or 240 per cent this year from last year. We had 15 per cent relative share. Today we have 36 per cent share. If we talk about the others, Star Pravah has gone down from 22 per cent share to 12 per cent while Zee Marathi has gone down from 63 per cent to 52 per cent share. Therefore Colors Marathi has grown and advertisers have started noticing us and are coming to us.”

    Adding further, Poddar said, “This year we have got 160 advertisers which is huge number to get on board. And, both the old and new advertisers have increased spends on the channel. Therefore, Colors Marathi is growing healthily.”

    Nissan Motor Co, Samsonite Corporation, Hector Beverages, LimeRoad.com, Oxigen Services India, Scholl Piramal India, Cipla, JSW Group, Indian Oil Corporation, P.N Gadgil & Sons and Pernod Ricard India are the some of the brands that the channel has get on board.

    Over the last one year Colors Marathi has climbed up from the number three position to number two according to Broadcast Audience Research Council (BARC) India data. Also among the top five programmes, Colors Marathi has three slots. Assa Sasar Surekh Bai was the top rated show in the genre with 1609 Impressions’ 000 in week 13 of BARC data.        

    “For any GEC to do well on a consistent and sustainable basis, its fiction shows have to do well. You cannot say a channel is doing well unless its fiction does well. But fiction is also not enough by itself, you need to have a wide variety of content and non-fiction brings that variety. There is that certain segment of audience that comes for non-fiction, it could be male or kids. It brings more energy to the channel. Therefore both need to do well. But fiction is the staple diet and non-fiction is the dessert (Mithai) that adds spice to the staple diet. This year, both have worked well for us. Fiction has done really well but not at cost of non-fiction,” was Poddar’s quick rejoinder.   

    Speaking about the strategy, he mentioned, “There is only one strategy and the strategy is to make good content. We don’t follow what others are doing. I believe in making good content and then people will come to watch, but good content doesn’t mean that it is first good for me. It should be good from the context of my audience. We spend a lot of energy on research because ratings numbers are just a report card. They won’t tell you what audience liked or disliked.”

    According to the FICCI KPMG 2016 report, the largest share of the regional TV market is from the Tamil and Telugu regions. The Tamil genre has 25.7 per cent share while the Telugu genre has 24.4 per cent share. The Marathi genre saw a share of 4. 6 per cent in the regional TV space. “Tamil and Telugu are the non-HSM markets. They don’t have Hindi competition, so are lesser fragmented. But in Maharashtra I don’t compete only with Marathi channels, but also with other Hindi general entertainment channels. So yes, the share of Marathi market is lower than the share of the Tamil and Telugu markets.  But even in that case we are doing well, and that’s a bigger achievement,” said Poddar.

    The Marathi genre is performing well, but nowadays the audience that is watching movies is not only Marathi people but also across the genres and that’s why the these movies are doing well.  Poddar contended, “80 per cent of satellite movies are unsold, which is putting pressure on the satellite price. But filmmakers are getting a big boost from theatrical revenue while the satellite cost is going down. I think it’s a buyers’ market today, and in that we are lucky because we have good films to choose from. We get the films at the price we want. We are also investing back into films as we market these films. We showcase these films and give a second lease of life to them.”

    “From the ratings perspective, an early premier of a movie gives spikes, but now the scenario is different. Today movies are not ratings driven,’ he further added.

    Speaking about the market and promotional innovation for movies, he informed, “We believe that when we are showcasing movies on television, we have to create that aura all over again and we want to market the films with the same importance as other shows. We have had different initiatives ranging from on ground activities to social media traction. Even all the artists have joined us to push the release of a film. So it is like giving a second marketing promotion to the film.”

    Poshter Girl from Viacom18  Motion Pictures is the latest offering that the channel has. Talking about the two markets and their acquisition costs, Poddar informed that Hindi GEC is also in a phase correction mode, except for a few legacy deals that have been done. “If you see the peak of Hindi GEC it has gone down from Rs 50-60 crores to Rs 30-35 crores. I don’t think our biggest film is even 10 per cent of that. Its acquisition price is 5- 7 per cent of a Hindi GEC blockbuster’s price.”

  • Fiction is staple diet while non- fiction is the dessert – Anuj Poddar

    Fiction is staple diet while non- fiction is the dessert – Anuj Poddar

    MUMBAI:  Over the last one year, Viacom 18’s Marathi channel Colors Marathi, has been a game changer in the Marathi television space. From a single destination of leading high octane events to being the home to varied fiction and non-fiction content, Colors Marathi has become synonymous with Marathi entertainment. Over a period of time, Colors Marathi has seen tremendous growth, not only in the viewership, but also in advertising profiling.

    Speaking with Indiantelevision.com, Colors Marathi head Anuj Poddar said, “We have benefited from the expansion of the market. Our viewership has grown by 2.4 times or 240 per cent this year from last year. We had 15 per cent relative share. Today we have 36 per cent share. If we talk about the others, Star Pravah has gone down from 22 per cent share to 12 per cent while Zee Marathi has gone down from 63 per cent to 52 per cent share. Therefore Colors Marathi has grown and advertisers have started noticing us and are coming to us.”

    Adding further, Poddar said, “This year we have got 160 advertisers which is huge number to get on board. And, both the old and new advertisers have increased spends on the channel. Therefore, Colors Marathi is growing healthily.”

    Nissan Motor Co, Samsonite Corporation, Hector Beverages, LimeRoad.com, Oxigen Services India, Scholl Piramal India, Cipla, JSW Group, Indian Oil Corporation, P.N Gadgil & Sons and Pernod Ricard India are the some of the brands that the channel has get on board.

    Over the last one year Colors Marathi has climbed up from the number three position to number two according to Broadcast Audience Research Council (BARC) India data. Also among the top five programmes, Colors Marathi has three slots. Assa Sasar Surekh Bai was the top rated show in the genre with 1609 Impressions’ 000 in week 13 of BARC data.        

    “For any GEC to do well on a consistent and sustainable basis, its fiction shows have to do well. You cannot say a channel is doing well unless its fiction does well. But fiction is also not enough by itself, you need to have a wide variety of content and non-fiction brings that variety. There is that certain segment of audience that comes for non-fiction, it could be male or kids. It brings more energy to the channel. Therefore both need to do well. But fiction is the staple diet and non-fiction is the dessert (Mithai) that adds spice to the staple diet. This year, both have worked well for us. Fiction has done really well but not at cost of non-fiction,” was Poddar’s quick rejoinder.   

    Speaking about the strategy, he mentioned, “There is only one strategy and the strategy is to make good content. We don’t follow what others are doing. I believe in making good content and then people will come to watch, but good content doesn’t mean that it is first good for me. It should be good from the context of my audience. We spend a lot of energy on research because ratings numbers are just a report card. They won’t tell you what audience liked or disliked.”

    According to the FICCI KPMG 2016 report, the largest share of the regional TV market is from the Tamil and Telugu regions. The Tamil genre has 25.7 per cent share while the Telugu genre has 24.4 per cent share. The Marathi genre saw a share of 4. 6 per cent in the regional TV space. “Tamil and Telugu are the non-HSM markets. They don’t have Hindi competition, so are lesser fragmented. But in Maharashtra I don’t compete only with Marathi channels, but also with other Hindi general entertainment channels. So yes, the share of Marathi market is lower than the share of the Tamil and Telugu markets.  But even in that case we are doing well, and that’s a bigger achievement,” said Poddar.

    The Marathi genre is performing well, but nowadays the audience that is watching movies is not only Marathi people but also across the genres and that’s why the these movies are doing well.  Poddar contended, “80 per cent of satellite movies are unsold, which is putting pressure on the satellite price. But filmmakers are getting a big boost from theatrical revenue while the satellite cost is going down. I think it’s a buyers’ market today, and in that we are lucky because we have good films to choose from. We get the films at the price we want. We are also investing back into films as we market these films. We showcase these films and give a second lease of life to them.”

    “From the ratings perspective, an early premier of a movie gives spikes, but now the scenario is different. Today movies are not ratings driven,’ he further added.

    Speaking about the market and promotional innovation for movies, he informed, “We believe that when we are showcasing movies on television, we have to create that aura all over again and we want to market the films with the same importance as other shows. We have had different initiatives ranging from on ground activities to social media traction. Even all the artists have joined us to push the release of a film. So it is like giving a second marketing promotion to the film.”

    Poshter Girl from Viacom18  Motion Pictures is the latest offering that the channel has. Talking about the two markets and their acquisition costs, Poddar informed that Hindi GEC is also in a phase correction mode, except for a few legacy deals that have been done. “If you see the peak of Hindi GEC it has gone down from Rs 50-60 crores to Rs 30-35 crores. I don’t think our biggest film is even 10 per cent of that. Its acquisition price is 5- 7 per cent of a Hindi GEC blockbuster’s price.”

  • Colors Marathi plans high-decibel campaign for IMFFA 2015 telecast

    Colors Marathi plans high-decibel campaign for IMFFA 2015 telecast

    MUMBAI: Colors Marathi is prepping up to air the International Marathi Film Festival Awards (IMFFA) 2015 in mid-December and will be backing it with a high-decibel promotional campaign across platforms.

     

    The awards were held from 25 October – 1 November on the Norwegian Epic Cruise in the Mediterranean high seas. The seven-day extravaganza celebrated Marathi films and television and kicked off from Barcelona (Spain) via Naples, Rome, Florence, and Cannes amidst the Mediterranean high seas.

     

    The high octane awards will be escalated through a strong marketing plan targeted at entire Maharashtra. Marketing of the awards will be done using mass media platforms like TV, outdoor, print, radio and digital. 

     

    For the telecast of the awards on television, Colors Marathi is also planning to execute a high blare TV plan across top news and music channels. Along with that, a radio plan across top radio stations to build reach and frequency as well as an OOH plan covering Mumbai, Pune and ROM markets have been chalked out.

     

    A combination of on-ground media platforms like hoardings and tactical media like bus shelters, station boards and bus panels will be leveraged to drive viewership. This will be further amplified by launch day ads in leading print to achieve impact and widespread reach.

     

    On the digital ground, paid and organic campaigns across Facebook, YouTube and mobile will add to the high decibel marketing campaign for IMFFA 2015. It will be followed by a symposium on the road map for Marathi entertainment with an elite panel of veteran’s Marathi film stalwarts.

     

    Head of Colors Marathi Anuj Poddar said, “Colors Marathi has been committed to bringing the best of entertainment and visual extravaganzas to its viewers thus elevating their viewing experience. It is with this endeavour that together with IMFFA, we curated a property of unmatched scale and grandeur, setting new benchmarks of entertainment. The celebrations have just begun and will continue into the most extravagant chapter of the Marathi film and television industry.”

     

    International Marathi Film Festival Awards CEO Chidambar Rege added, “IMFFA transcends beyond regular awards with performances, and has gone on to represent the unified voice of the Marathi film and television industry. We are sure that IMFFA 2015 that will be telecast on Colors Marathi will once again take Marathi entertainment to new highs.”

     

    The IMFFA 2015 were audited by Ernst & Young.