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Tag: Summit

  • Corporate funding vital for sports development: KPMG-CII

    Corporate funding vital for sports development: KPMG-CII

    MUMBAI: The global sports market comprising infrastructure, events, sponsorship, training and manufacturing and retail of sports goods is estimated at Rs 37.8–44.2 lakh crore (USD 600–700 billion), accounting for approximately one per cent of the global GDP.

    According to the report titled, “The Business of Sports” launched today by KPMG in India in association with CII during the summit on “Business of Sports and Entertainment”, over the years sports has evolved as a noticeable sector for all economies, presenting myriad careers as well as business opportunities. Further, sports contributes significantly towards improving the overall health and well-being of a country. Interesting trends driving the global sports sector highlighted in this report are:

    • Technology has gradually made its presence felt through applications across the entire value chain of sports business

    • Like in other industries, social media is acting as a game changer in the sports sector too. A large number of sportspersons also use the medium to connect with their fans and endorse their brand affiliations

    • Amongst the devoted sports enthusiasts globally, 45 per cent prefer viewing sports content online

    • There has been an upsurge in global women viewership for sports events. In India too, women are increasingly comprising a significant portion of the viewership pie

    Shrinivas Dempo, chairman, CII summit, and CMD, Dempo Shipbuilding & Engineering said, “The last 5-7 years have been the most dynamic for the sports industry in India with some fundamental changes. Sports not only provides an active branding and marketing opportunity to investors, but has also created value for fans all across. Addition of various sporting leagues in India have invited tremendous support and presence of corporate sector.”

    While presenting an overview of the global and Indian sports market, the report explores and assesses the sports ecosystem in India, identifies the various stakeholders concerned and addresses their specific issues and challenges while attempting to highlight the common grounds between all stakeholders to enhance the development of sports in India.

    According to Jaideep Ghosh, partner and head, transport, leisure and sports, KPMG, in India, “In February 2016, the government accorded an industry status to sports infrastructure, which is expected to attract investments from the private sector, thereby not limiting its role to just corporate social responsibility (CSR) activities and non-profit organisations.”

    Increasing viewership, sponsorship and participation in sports other than cricket, a rising number of sports start-ups and the growth in rural viewership numbers are key trends driving the growth of this sector in India. The report further highlights encouraging aspects of sports landscape in India, as below:

    • Indian sports viewership (TV) numbers grew 30 per cent over the two year period between 2014 and 2015

    • In 2015, the Indian sports sponsorship market grew 6.7 per cent y-o-y to INR 5,190 crore

    • Sports consumption in India is on the rise with leagues as well international sports garnering strong support across multiple platforms. While India is a latecomer, the concept is rapidly covering ground. Of the 11 operational leagues, nine were launched during 2013–16 and two more are planned in 2016

    • Regional games packaged in interesting league formats have been successful in garnering rural viewership as well

    The report identifies key issues facing the sports ecosystem in India across segments of governance, sports events, and infrastructure development among others, while offering recommendations to tackle these problems. It also presents a comprehensive view of the governance structure of sports in India, outlining the roles and responsibilities of major governing entities.

    “India is facing a moment of truth after its performance at the 2016 Rio Olympics. To initiate a strong foundation for the development of sports in India, the country needs to focus on three major aspects — improving governance and infrastructure, building a sporting culture and deploying a focused approach to winning medals,” added Jaideep Ghosh.

    The early success achieved by league-based events across multiple sports indicates a strong potential for Indians to consume sports other than cricket. This growing popularity of the league format in India resonates across the report. The league culture is still in its nascent stages in India, in comparison to the U.S. and Europe. IPL established a successful model for packaging and marketing. 2014 saw the emergence of some potentially successful leagues, including PKL, ISL, IPTL and CTL. However, the business of leagues requires high investments and has long gestation periods. In order to drive team success in leagues, the report suggests significant focus on fan engagement and marketing, celebrity influence, geographic location and better overall management apart from on field performance.

    India has a long journey ahead on its path to developing a strong sports culture. It needs to begin at the base, and that is what will build the future.

    KPMG in India, the Indian member firm of KPMG International, strives to provide rapid, performance-based, industry-focused and technology-enabled services, which reflects a shared knowledge of global and local industries.

  • Second digital India summit to be launched by Times Network

    Second digital India summit to be launched by Times Network

    MUMBAI: In a bid to help speed up the transition to a vibrantly Digital India, Times Networkannounced the launch of the Second Digital India Summit (SDIS). The Network claims that the summit will lead the country on the path to digitalization by providing the leaders and digital evangelists a platform to ideate on important areas and issues, and also by recognizing and honouring individuals, businesses and organizations that are harnessing the power of information, communication and technology and digital tools.

    SDIS will be telecast on Times Now and ET Now. The summit will get under way on 22 March 2016, with a day-long event in New Delhi, which will begin with a keynote address from the union minister of communications and information technology, Ravi Shankar. The session will be addressed by Dell’s Asia Pacific and Japan president Amit Midha and Dell emerging markets chairman.

    Times Network managing director and CEO M K Anand said, “India is surging ahead on the path of progress, powered by young, creative, digitally-savvy people and a strong government emphasis on the best use of information, communication and technology to usher in digitization across cities and platforms. As the nation’s most influential network with the biggest English and business news channels that inform and empower viewers, Times Network is proud to announce the second digital India summit. Our goal is to contribute to transforming India into a global economic superpower over the next decade, and we are confident that the second digital India summit will create a significant positive impact.”

    The day will conclude with the Digital India Summit awards being given out to those leaders whose efforts and initiatives have contributed the most to the Digital India Summit’s primary objectives to help India on the path to transform business processes, improve delivery of public services and thereby to create a positive impact on society. SDIS works to identify and honour the top individual torchbearers harnessing the power of ICT and digital.

    To promote SDIS, Times Network says that it will run and exhaustive high-decibel call-for-entries campaign to invite participation from businesses and organizations that are harnessing the power of technology and transforming businesses and lives of people. The entire process, from call for entries to the selection and short listing process, through an eminent jury meet, and finally, the winners’ announcement and felicitation on the awards night, will flow across a month.

    The awards are divided into two parts, Good For India and Good For Organizations.

    While the Good For India awards recognize the initiatives taken by stakeholders towards the accomplishment of the digital India dream, on other hand the Good for Organizations awards will recognize organizations that have made the first move towards digital India by using ICT in integrating people, processes and data to achieve business transformation and growth.

    Good for India has seven categories – e-governance solutions, e-education learning solutions, e- healthcare delivery solutions, skills and employment solutions, energy solutions, environmental solutions and agricultural solutions. Good for organizations has four categories under digital enterprise which are manufacturing, services, digital start-up innovators and digital social innovation.

    Supporting the event are the lead and award partner Huwaei, lead partners GTL Infrastructure and Union Bank of India, knowledge partner MAIT and Tech 4 good partner NASSCOM foundation.

  • Second digital India summit to be launched by Times Network

    Second digital India summit to be launched by Times Network

    MUMBAI: In a bid to help speed up the transition to a vibrantly Digital India, Times Networkannounced the launch of the Second Digital India Summit (SDIS). The Network claims that the summit will lead the country on the path to digitalization by providing the leaders and digital evangelists a platform to ideate on important areas and issues, and also by recognizing and honouring individuals, businesses and organizations that are harnessing the power of information, communication and technology and digital tools.

    SDIS will be telecast on Times Now and ET Now. The summit will get under way on 22 March 2016, with a day-long event in New Delhi, which will begin with a keynote address from the union minister of communications and information technology, Ravi Shankar. The session will be addressed by Dell’s Asia Pacific and Japan president Amit Midha and Dell emerging markets chairman.

    Times Network managing director and CEO M K Anand said, “India is surging ahead on the path of progress, powered by young, creative, digitally-savvy people and a strong government emphasis on the best use of information, communication and technology to usher in digitization across cities and platforms. As the nation’s most influential network with the biggest English and business news channels that inform and empower viewers, Times Network is proud to announce the second digital India summit. Our goal is to contribute to transforming India into a global economic superpower over the next decade, and we are confident that the second digital India summit will create a significant positive impact.”

    The day will conclude with the Digital India Summit awards being given out to those leaders whose efforts and initiatives have contributed the most to the Digital India Summit’s primary objectives to help India on the path to transform business processes, improve delivery of public services and thereby to create a positive impact on society. SDIS works to identify and honour the top individual torchbearers harnessing the power of ICT and digital.

    To promote SDIS, Times Network says that it will run and exhaustive high-decibel call-for-entries campaign to invite participation from businesses and organizations that are harnessing the power of technology and transforming businesses and lives of people. The entire process, from call for entries to the selection and short listing process, through an eminent jury meet, and finally, the winners’ announcement and felicitation on the awards night, will flow across a month.

    The awards are divided into two parts, Good For India and Good For Organizations.

    While the Good For India awards recognize the initiatives taken by stakeholders towards the accomplishment of the digital India dream, on other hand the Good for Organizations awards will recognize organizations that have made the first move towards digital India by using ICT in integrating people, processes and data to achieve business transformation and growth.

    Good for India has seven categories – e-governance solutions, e-education learning solutions, e- healthcare delivery solutions, skills and employment solutions, energy solutions, environmental solutions and agricultural solutions. Good for organizations has four categories under digital enterprise which are manufacturing, services, digital start-up innovators and digital social innovation.

    Supporting the event are the lead and award partner Huwaei, lead partners GTL Infrastructure and Union Bank of India, knowledge partner MAIT and Tech 4 good partner NASSCOM foundation.

  • Summit: Dscoop Latex Summit, Shanghai

    Summit: Dscoop Latex Summit, Shanghai

    MUMBAI: Dscoop Latex Summit was hosted in Shanghai as a part of the Annual Shanghai International Ad & Sign Expo which specifically focused on the Sign and Display segment.

    The platform was an opportunity for Regional Print Service Providers (PSP's) to learn about- Brands, Emerging Trends in Consumer and Shoppers Space, Trends of World Wide Print and Decoration market, Perspective and Strategies on Employing Powerful Sign & Display and also how to support this eco- system better in Asia Pacific.

    Mohit Sharma, Associate Vice President, TracyLocke made a presentation and spoke on 'Emerging Shopper Trends which Re-Define the Retail Landscapes'. To summarise his presentation:-
    – How On-Line is impacting the Brick and Mortar Space and new era of Consumerism and Shopper phenomenon are pushing the brands and retailers to the edge. 

    -How Retail is in the middle of flux and living in defining moments.
    – The emergence of new economies and how this new global power equation is shaping the shopper mind space in South West Asia.

    – The challenges Brands, Retailers and Marketers are facing to make the experience and brand more relevant and how the strategic alliances and partnerships are effecting the position of the brand.
    – Co-Creation, Content and Collaboration are the 3 pillars of Retail Engagement and powerful enough to craft new brand stories. 
    – Shoppers and Consumers due to digital transparency are getting more sensitive to Eco Sensitive and thus Eco Friendly solutions are becoming imperative for stakeholders ay every point.
    – Optimization is not only required for business survivals and competitive edge but accountability taken by shoppers and consumers from the brands. The new generation of Brands and Shopper experience will be laid on the cool quotient which is not style but being green and optimal.

    He also showcased a few case studies which brought out the aspect on how to create relevance of brands through using technologies, substrates and products at the Retail Landscapes and creating impactful and powerful experiences

    Commenting on Mohit's session at Summit Martin Carballo, Director & GM, Sign & Display, Asia Pacific & Japan, HP, said, "Influencers like you are indeed needed to drive this industry transformation for the sake of the print service providers' business".

    Commenting on the experience Mohit Sharma, AVP TracyLocke said, "It was an eye opening and fantastic exposure. A must for the Retail Consultants. HP as a market leader has created a platform on which Print Service Providers, HP and other service providers come together on regional level and discuss the "Emerging Trends" in the Industry and in the flux of events "How Maximize on Opportunities.

    Such events provide exposure to various facets of the Industry and gives immense in-depth knowledge of various domains and appraise on the importance of Collaboration. In my various discussions I have made a point that three emerging consumer trends which are impacting and re-defining the retail landscapes and thus creating a flux for the Brands, Marketers and Intermediaries and thus giving rise to new set of opportunities and challenges are – Happiness, Health and Humanity.

    Dscoop Seminars
    These Dscoop seminars which HP supports are part of an ongoing series of educational efforts on the power and impact of innovative digital print.

    (Dscoop (Digital Solutions Cooperative) (global community of graphic arts business owners and technical professionals who use HP Indigo and Scitex equipment) is focused on educating and connecting its members with each other and with HP to improve members' business growth, efficiency and profitability.)

  • Cinépolis India CEO gets ‘Business Super Achiever’ award

    Cinépolis India CEO gets ‘Business Super Achiever’ award

    NEW DELHI: Cinépolis India managing director and country head Milan Saini was recognised as Business Super Achiever at the India Leadership Summit in Kolkata today.

    The EIILM India Leadership Awards are aimed at recognising Achievers, Super achievers and Future Business Leaders in India.The ceremony was organised by the Bengal Chamber of Commerce and Industry and the Eastern Institute for Integrated Learning in Management.

    Speaking at the award ceremony, Saini said, “It is an honor to receive this recognition at India Leadership Summit. This award is a reflection of the combined efforts of the Cinepolis team.”

    Saini was recognised as the Business Super Achiever for his consumerist approach and the fact that he has established Cinépolis as a successful brand in India within the two years of the company’s launch. Cinépolis ventured into India in the year 2009 and has been able to create an identity for itself as one of the best places to work for in the exhibitions industry. The company operates 32 screens at Amritsar, Patna, Ahmedabad, Bengaluru and Surat in India.

    Cinépolis is India’s first international cinema chain and the world’s fourth largest cinema chain with more than 2,750 screens under operations across 11 countries.

  • Breaking Dawn tops foreign box-office position

    Breaking Dawn tops foreign box-office position

    MUMBAI: Unwilling to leave its supremacy at the box office, Summit International‘s The Twilight Saga: Breaking Dawn -Part I didn‘t budge from its No. 1 box office position for the second consecutive weekend on the foreign theatrical circuit having grossed $7l.5 million from around 11,000 locations in 68 markets.

    The fourth installment of the Twilight saga that has already generated $268 million offshore, yielded $11.4 million from some 790 sites in Germany while in the UK, the film drew another No. 1 ranking with a weekend tally of $7.5 million. Cumes in Spain ($18.6 million), Italy ($18.1 million), Australia ($21.3 million) and France ($21.9 million) remain robust.

    Following Breaking Dawn is Intouchables the highest grossing French title in the market this year. Sony Animation‘s co-production of seasonal family title Arthur Christmas drew $11.9 million from some 4,000 screens in 24 markets.

    The Adventures of Tintin: The Secret Of The Unicorn, flew past the $200-million foreign gross total mark over the weekend ($207 million). The stop-motion animation film in 3D opened offshore on October 26. The joint Sony-Paramount release generated $11.5 million from 11,800 venues in 51 markets.