Monthly Archives: June 2017

Dental And Teledentistry

Dentistry in India: Boom or Bust Business?

According to global statistics, the dental market in the world is growing steadily for the last five years. The major bulk of the market expansion is attributed to Asian countries, where India is said to be the forefront of this progress. As a matter of fact, dentistry in India is so huge that it will become the single largest nation market for dental services, products, and materials. Having said that, the dentistry in India faces a serious challenge; that is, the oral health care awareness in the Indian population is decreasing. This leads to the shrinking of the demand in dental services. You can click here to know more about figures and statistics about this decline. This begs us to the question, is dentistry in India a boom or bust business?

Dentistry in India: Boom or Bust Business

Over the last decade, India has become an international destination for medical treatment and services, including dental procedures. As per the recent government data, dental tourism accounts for the tenth of India’s medical tourism. And this number is seen to grow in the coming years.

Dental procedures and services in India is fairly cheap in contrast to its Western counterparts. For instance, a dental filling in the United States or in Europe ranges from $300 to $400. But in India, you can undergo a dental filling treatment for 20 bucks. Basically, you can avail the same services using state of the art equipment and technology at a very reasonable price.

The burgeoning population of India is a good sign that the demand for dental services will always be there. In fact, an increasing number of higher learning institutions are offering programs to accommodate the current and future needs of dentistry in India.

Challenges of Dentistry in India

  • Oral Care Infrastructure

Almost 99 percent of the dental service providers in India are private entities. There are a few multinational companies that have an active presence in the country’s dental market. After earning their degrees, dentists in India set up their own clinics, where most can be found in the city. The challenge about the infrastructure of dentistry in India is the competition. Each year, at least 200,000 students graduate from dental schools. And with the declining awareness in oral health care in the country, the supply of dental practitioners in the country will surpass the demand.

  • Marketing

Some dental practitioners see having a website as an effective marketing tool, which is good. However, most of them fail to look after the website and maintain it. Creating a website requires a lot of time and effort. Ideally, it will take a year, utmost, to evaluate and assess how the website contributed to the practice’s marketing efforts. But the good news is your most trusted digital marketing team can guarantee that your website contributes to your marketing efforts by regularly monitoring and maintaining it.

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The Gambling Business in India: Is it Skill or All Luck Based?

As a billion strong nation, India is a hotspot in terms of gambling businesses and related activities. For instance, sports betting on cricket events, horse race betting, and playing in casinos are among the favourite pastimes and popular gambling businesses in the country. But despite the public’s acceptance to the gambling business in India, most forms of gambling are technically against the law. Some legislations about the gambling business in India are either obsolete or unclear. Nevertheless, these betting activities attract a huge crowd which, in turn, yield substantial revenues. The recent data regarding the profits of the gambling business in India are discussed in depth when you click here.

The Gambling Business in India: Is it Skill or All Luck Based?

As mentioned earlier, there are forms of gambling in India that are prohibited by their laws and customs. Among the few gambling business in India that are authorised to operate are lotteries. There’s even a legislation — the Lotteries Act of 1998 —that guides the whole enterprise. Like any other betting activity in the country, the lotteries in India are based on luck with absolutely no skill required.

Online gambling is also highly popular among punters in India. Ironically, there are laws passed in the country which may or may not pertain to the lawfulness of online gambling. For instance, the Information Technology Act of 2000 has provisions that may be associated with online gambling, but there is no specific allusion that online gambling is indeed prohibited by the law.

An example of online gambling that involves skill is sports betting. In fact, bookies know the science of sports betting to the point that they can influence the winning odds, depending on the amount of the wager involved. Suffice to say, sports betting requires certain skills for you to win that pot.

Another gambling business in India that requires great skill is poker. It is a universal knowledge that playing poker involves skill. According to gambling laws in the country, anything that entails making a wager and is based on luck is illegal. Sports betting and poker is skills-based, so on the premise of the law, these are deemed as legal. However, due to the convoluted gambling laws in India, a law enforcer may or may not arrest you for gambling depending on how he/she interprets such law.

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Business Of Working With One Billion People

The Business of Working with One Billion People: How are Things Kept in Order

People in the Western countries are used to FedEx and online delivery services that drop-ship items right at their doorstep. But in India, a century-old delivery service called the dabba wallahs, hand delivers hot meals to thousands of hungry Indians across the metropolis. One would wonder how are things kept in order by the dabba wallahs, especially that this vast network of dispatching things tends to get tricky as the demands and stops increase. You can click here to know more about the history of the dabba wallahs of India.

The Business of Working with One Billion People: How are Things Kept in Order

The dabba wallahs are a good example of working with one billion people. It is also interesting to understand how are things kept in order, given that the dabba wallahs are part of India’s “poorly educated and decentralised workforce.”

According to the Harvard Business Review, the dabba wallahs have a system whose backbone is perfectly positioned and mutually reinforcing. If one would correlate it with the Western corporate sector, it is rare for team members to do all they can to achieve that synergy.

The New York Times also observed how the dabba wallahs in Mumbai were able to intricately organise a labour-intensive operation “that puts some automated high-tech systems to shame.” And for over a hundred years, this tradition of delivering and eating home-cooked meals for lunch thrived.

The Dabba Wallahs as a Trusted Brand

If you are going to ask Neeraj Aggarwal, the Senior Director of Flipkart, the dabba wallahs are among the most dependable and trusted brands in the country. In fact, they are highly noted for their unique delivery network that has been tested by time to be smooth and reliable, and can withstand extreme conditions.

For those who are familiar with the movie ‘The Lunchbox’, it touches the dabba wallahs and how their system is fool proof. The secret to how are things kept in order is the structure and methodicalness of their process. According to Stefan Homke of the Harvard Business School, the system of the dabba wallahs is a “very complicated dance of many, many elements, including the railway system in Mumbai.” Truth be told, the railway assists the dabba wallahs in a number of ways. One of which is that the railway compels the whole network of lunch delivery couriers to run based on a rhythm.

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Rubbish in India: Are We Becoming the Rubbish Dump of the World?

The Daily Mail Online reportedrubbish in India that an elephant was caught in video eating rubbish in India. In Bangalore, the once called ‘Garden City’ has deteriorated into a garbage metropolis. As a matter of fact, the residents are woken up in the middle of the night by the foul smell of the mountains of garbage on the streets. That’s how serious the trash problem in India is. This makes us think that the country is becoming the rubbish dump of the world. Truth be told, the indications of India’s rubbish crisis are everywhere. You can click here to find out about these signs.

Rubbish in India: Are We Becoming the Rubbish Dump of the World?

Did you know that Western nations and Arab countries also contribute to the tons of rubbish in India? According to news reports, tons and tons of garbage from Spain, Malaysia, Greece, and Saudi Arabia were sent to India last year. This is because shipping municipal waste to the country is four times more cost efficient than recycling these waste.

Over the past years, the government has been making an effort to resend the confiscated waste in ports back to where they came from. However, there are still companies that were able to import waste one way or another.

Dealing with Rubbish in India

The growing population in India has its pros and cons. One of the advantages is that its economy is rising. In addition, the country made its way to one of the most powerful countries in the world. But despite these drastic improvements, the government is lagging behind in terms of dealing with rubbish in India. In fact, the country is drowning in garbage.

But not everything reeks and is gray in India’s rubbish. Environmental advocates, private organisations, and the government are all looking for ways on how they can get away from the moniker as the rubbish dump of the world. For instance, Mumbai has these so-called rag pickers. These women, in spite of sweeping up the streets for low salary, are dedicated to managing the rubbish in India and segregating them for recycling.

There are also waste management services companies commissioned by the local government to tackle the growing problem of rubbish in India. But ultimately, addressing India’s garbage problem should begin in the household.

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Indian Business Law: A Brief Primer

Indian business lawMuch of the Indian business law is based on the English common law. As a matter of fact, various legislations introduced by the Brits are still being enforced in a modified form until now. The country’s legal history can be traced as early as the Bronze Age and the Indus Valley civilisation. Since then, the laws in India, including Indian business law, have changed from a religious direction to the existing constitutional and legal system the country has today. You can click here to know more about the brief history of Indian business law.

Indian Business Law: A Brief Primer

When the East India Company was established in India, it became the major turning point of the country’s legal history. The company was given the authority to create laws and enact them in a manner they deem as necessary. In most cases, some people criticise the  complexity of the country’s legal system, especially in terms of the Indian business law. Having said that, there are still provisions of the law that are much simpler than those in the United States and Australia.

There are four major sources of Indian business law. These are the English Mercantile law, the Statutory law, judicial decisions, and those from customs and usages. The English Mercantile law, which directly translates to the ‘merchant law’, served as the basis of the structure of the Indian business law. On the other hand, the Statutory laws are the legislations created by the Parliament. A lot of Indian business laws are Statutory laws.

Judicial decisions are crucial sources of the Indian business law. The previous cases decided by the higher courts are often referred in cases being tackled in the lower courts. Meanwhile, Indian business laws based on customs and usages play a significant role in business transactions in the country.

Indian Business Law and Charitable Institutions

In 2014, a law was enacted wherein businesses in India are compelled to ‘give’ two percent of its profits to charitable institutions. According to The Guardian, India is the first nation to enact such law. Companies with annual profits of at least £105m should give away two percent of it in organisations that focus on improving the country’s education system, alleviating poverty, promoting gender equality, and decreasing hunger incidence. As per India’s lawmakers, the law will greatly help the social development efforts in the country.

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