Tag: Ipsos in India

  • 73 per cent urban Indians see Ram Temple consecration boosting BJP/NDA vote bank: Ipsos IndiaBus Ram Temple Perception Poll

    73 per cent urban Indians see Ram Temple consecration boosting BJP/NDA vote bank: Ipsos IndiaBus Ram Temple Perception Poll

    Mumbai: The consecration ceremony of the Ram Temple in Ayodhya was held on 22 January 2024. PM Narendra Modi was present at the temple and about 7,000 devotees including celebrities and prominent figures in society were present, who were there by invitation.

    A lot has been written about the timing of the opening with general elections coming up this year.  What are the views of the common man? Ipsos, a leading global market research conducted a survey among urban Indians to capture their views on how they perceive this grand opening of the temple. Overall, 73 per cent of the respondents polled believe the construction of the Ram Temple in Ayodhya will influence votes in favor of the BJP/ NDA in the upcoming General Elections. Similar views were pronounced among students (80 per cent), east (86 per cent), north (80 per cent), tier 1 (79 per cent), tier 3 (77 per cent), west (74 per cent), women (74 per cent), low education (74 per cent), high education (71 per cent), men (71 per cent), SEC A (69 per cent), tier 2 (62 per cent) and slightly lower among south (51 per cent) respondents.

    Ram Temple in Ayodhya = Economic gains for Uttar Pradesh?

    Overall, 77 per cent of those polled hold the view that the new Ram Temple in Ayodhya will boost economic gains for Uttar Pradesh. Across demographics the respondents polled held this view and agreed. East zone (91 per cent), north zone (89 per cent), west zone (80 per cent), 45 plsu age group (81 per cent), 18-30 years (78 per cent), 31-45 years (73 per cent), SEC B (81 per cent), SEC C (77 per cent), students (81 per cent), males (79 per cent), females (75 per cent) etc. The view was also endorsed by tier 1 (79 per cent), metros (78 per cent),  tier 1 (79 per cent), tier 2 {76 per cent), tier 3 (75 per cent), low profile (79 per cent) and high profile (71 per cent). Only 45 per cent in south felt the temple will lead to economic gains for Uttar Pradesh.  

    Commenting on the findings of the survey, Ipsos India group service line leader, public affairs, corporate reputation, CSR and ESG Parijat Chakraborty said, “The Ram Temple in Ayodhya will influence the vote bank in favour of the BJP/ NDA is the dominant view. This view is being supported by more number of respondents across demographics. For south zone we see polarization of views. Likewise the Ram Temple giving a fillip to economic gains for the state of UP was universally endorsed across cohorts. Only south zone was polarized. New fancy trains, airport, and improved infrastructure in Ayodhya will finitely bring devotees to the holy city and increase tourism and economic benefits.”

    Ram Temple opening – a religious event or political event  

    Overall, we see divided views – 51 per cent perceive it as a religious event; 16 per cent say it is a political event, while 26 per cent believe it is a religious cum political event and seven per cent were undecided.  South zone was most divided with 24 per cent calling it a religious event, 35 per cent said political event, 24 per cent said both (religious and political), while 17 per cent were undecided. 66 per cent respondents in tier 3 called it a religious event and likewise for north zone (65 per cent) said it is a religious event.

    “Perceived largely as a religious event, though its linkage with politics cannot be ignored,” added Chakraborty.

    Methodology:

    Ipsos IndiaBus is a monthly pan India omnibus (which also runs multiple client surveys), that uses a structured questionnaire and is conducted by Ipsos India on diverse topics among 2200 plus respondents from SEC A, B and C households, covering adults of both genders from all four zones in the country. The survey is conducted in metros, Tier 1, Tier 2 and Tier 3 towns, providing a more robust and representative view of urban Indians. The respondents were polled face to face and online. We have a city-level quota for each demographic segments that ensure the waves are identical and no additional sampling error. The data is weighted by demographics and city-class population to arrive at national average.

  • Consumer confidence further rises for urban Indians in Feb 2024: LSEG-Ipsos PCSI India 2024

    Consumer confidence further rises for urban Indians in Feb 2024: LSEG-Ipsos PCSI India 2024

    Mumbai: The LSEG-Ipsos monthly primary consumer sentiment index (PCSI) consumer confidence has further improved in February 2024, over January 2024, according to the LSEG-Ipsos primary consumer sentiment index (PCSI). Overall, there was a 2.9 percentage points increase in February 2024, over the previous month, as India continues to show resilience despite the stressed global macro forces, and its score was 69.4 (highest globally).

    The PCSI is driven by the aggregation of the four weighted sub-indices and the report showed a positive uptick across all the four sub-indices: the PCSI current personal financial conditions (“Current Conditions”) Sub-Index was up 4.2 percentage points; the PCSI investment climate (“Investment”) sub-index moved up 4.2  percentage points; the PCSI economic expectations (“Expectations”) sub-index was up 1.7 percentage points and the PCSI employment confidence (“Jobs”) sub-index increased 2.5 percentage points.

    How did the global markets stack up?

    Global markets provided interesting trends – some markets witnessed an uptick in the sentiment index and some markets witnessed a downward slide in consumer sentiment.

    The LSEG-Ipsos  

    The Global Consumer Confidence Index is the average of all surveyed countries’ Overall or “National” indices. This month’s installment is based on a monthly survey of more than 21,000 adults under the age of 75 from 29 countries conducted on Ipsos’ Global Advisor online platform. This survey was fielded between 26 January and 9 February 2024.

    Consumer sentiment in 29 countries

    Among the 29 countries, India (69.4) holds the highest National Index score this month. Indonesia (65.2) and Thailand (60.4) are the other countries with a National Index score of 60 or higher.

    Consumer sentiment in 29 countries
    “We continue to witness stable conditions in terms of the economy, personal finances, as consumers are less stressed about running their households and daily spends, and are also buoyant about discretionary spends, for investments, savings and buying big ticket items. Interestingly, sentiment around jobs has also improved as some companies are hiring in the new fiscal. Our survey captures the pulse of the consumer and gauges how consumer sentiment moves from month to month, as it has ramifications for marketers. In a depressed macro environment, it would be natural for consumers to cutback, and it resets consumer priorities. But in the reverse scenario (which was seen in Feb 2024), consumers are willing to splurge and  generally feel good about the economy and the job market. Also, the interim Budget had no big surprises in terms of direct and indirect taxes – govt did not burden the consumers more. Food inflation has also been under control,” said Ipsos India CEO Amit Adarkar.

  • Ipsos India bags two key awards at the MRSI-organised Golden Key Awards 2023

    Ipsos India bags two key awards at the MRSI-organised Golden Key Awards 2023

    Mumbai: Ipsos India has bagged two prestigious awards at the Market Research Society of India (MRSI) organized, the Golden Key Awards 2023 (GKA 2023). The awards won were in the categories of the Most Effective Storyteller (won jointly with Nestlé and the Best Operations Team of the Year. The awards were held on February 21st, 2024 at The Leela Ambience Hotel, Gurugram.  

    The Most Effective Storyteller award was for the acclaimed recognition of the paper produced in collaboration with Nestlé, that underscored the significance of fundamental storytelling elements in conveying meaningful insights. As the the widely accepted adage goes: Insights are delivered, stories are heard, and movies leave a lasting impact – this encapsulated the distinctive aspect of the winning paper.

    It adopted a novel approach of movie-based storytelling, to vividly illustrate the experiences of Generation Z. The team of Ipsos, Shelly Jain (research director, Ipsos UU), Maitreyi Mangrati (executive director, service line leader, Synthesio), and Ashwini Sirsikar (group service line leader, Ipsos UU and Synthesio), confabulated and conceptualized this innovative approach. And complemented by key inputs from client partner, Nestlé and Abhinav Goel (lead consumer insights, Nestlé). Ergo, the collective effort redefined the power of storytelling, delivering impactful insights.

    “Generation Z is a not only a very important target set for Nestlé but also reflects on the new employees entering the workforce. To understand them in reality, Ipsos conducted an important research, understanding the cohort in detail and more importantly bringing  them alive in a unique way that aroused the curiosity of all the stakeholders,” said Nestlé director strategy and marketing communication, South Asia region Chandan Mukherji.

    “Ipsos India is a strong advocate for using the storytelling principles for delivering insights. We realised that we needed to do something different for the insights to be impactful and memorable since there was already so much that was known about Gen Z. Short, engaging and well woven, data-led business narratives are the need of the hour and what better way to deliver insights than using the magic of cinema! We used the classical story arc to build and deliver the narrative in the form of a short movie, complete with a trailer to create excitement, expert speak and a meet with the cast on the big day,” stated Ipsos UU and Synthesio group service line leader Ashwini Sirsikar.

    In case of the 2nd win, for the Best Operations Team of the Year Award, public affairs executive director Mridula Mishra elaborated, “Pey Jal Survekshan was done in 485 major cities in India where views of citizens were captured for the water supply related services provided by the Urban Local Bodies. We reached out to 5 lac plus citizens in this process and provided meaningful insights to the client for planning the next course of action.”

    Ipsos India operations director Meghana Kelkar said, “The Ipsos Operations team was honoured with the Best Operations Team of the Year award at the MRSI Golden Key Awards, 2023. We also had the distinction of shortlisting of two finalists in the same category. We demonstrated operational excellence as we successfully conducted the world’s largest sanitation & cleanliness survey, the Swachh Bharat Survekshan Urban & Swachh Bharat Survekshan Grameen, and the Pey Jal survey, India’s first unique urban water quality survey. It’s a matter of immense pride to win one and for the other project to be a finalist in this prestigious category. Our work was on full display at the great GKA 2023 platform.”

    Apart from the research team led by Mridula Mishra and her team. The Operations team comprised of Meghana S Kelkar (operations director), Surojit Podder (associate director-field), Sonia Marwah, (associate director-field), Dilip Mishra (associate director- field) and Jaspreet Singh (senior manager-field).

    Ipsos in India CEO Amit Adarkar expressed his joy with the stellar performance by his teams. He said, “It is a matter of great pride and honour for everyone in Ipsos, that our two teams have picked up these much coveted awards. While it is our constant  endeavour to provide clients with the best in class solutions and deliver impactful work to provide them with the market leading position, awards validate our work. For us, the total of 8 finalists on the GKA 2023 is in itself a significant achievement. We keep the tempo going.”    

    Golden Key Awards

    MRSI Golden Key Awards recognize and celebrate Research and Researchers contributing to growth in their clients’ business. Research is a critical foundation for business success, albeit the work done by researchers can be a ‘behind the doors’ activity supporting the more visible brand, marketing and business strategy.

    MRSI instituted the Golden Key Awards in 2019 to recognize the contribution of insights for the growth of the business.

    MRSI Golden Key Awards 2023 continue to be a beacon of recognition and celebration, honoring the vital role of research & insights and researchers in driving business growth. In a world where research often operates behind the scenes, supporting the more visible facets of branding, marketing, and business strategy, these awards serve as a platform to shine a well-deserved spotlight on the dedicated professionals in the field.

    The 2023 edition is set to take place at The Leela Ambiance, Gurgaon on 21 February 2024.