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#201 India's Consumer Universe: Segmentation, Credit Dynamics, and the Wealth Effect with Haresh Chawla
Manage episode 396593407 series 3475089
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In this episode of the Core Report Weekend Edition, financial journalist Govindraj Ethiraj talks to Haresh Chawla, Partner at True North (Formerly IVFA) about the dynamics of the Indian consumer market. Their conversation covers the evolution of modern retailing in India, challenges in reaching different consumer segments, and the impact of credit growth on consumption with Mr Chawla emphasising the importance of understanding the household as a unit of measurement in India. He also explores the wealth effect in the country and much more.
Haresh Chawla joined True North in 2012 and is responsible for building and scaling up businesses owned by the company across sectors, as well as leading investments related to consumer brands, media, and entertainment.
Prior to joining True North, Haresh had an extremely successful 12-year stint as Group CEO for Network18 where he grew the company from US$12 million in 2001 to over US$ 500 million in 2012. This followed earlier successes in building start-ups at HCL, ABCL and the Times of India Group.
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