Saturday, 31 December 2022

How Parle G Became An Iconic and Well Loved Indian Brand

 Millennials would recall fond memories of eating Parle-G biscuits in the evenings along with a hot cup of chai or coffee.  The simple and humble milk biscuit Parle G is a household name and is perhaps the major reason for Parle being the brand it is today.  Parle G is also one of the oldest Indian brands in existence and can trace its roots back to the British Raj when India was still under British rule.  The journey of Parle G is as iconic as the brand itself.  Keep reading to find out how Parle G grew from a humble beginning to become one of the major brands in the FMCG industry today.

Beginnings

Parle was established in 1929 by the Chauhan family in Vile-Parle, Bombay during the British Raj rule.  Mohanlal Dayal Chauhan belonged to a family of silk traders and he purchased a refurbished confectionery manufacturing plant.  Mohanlal sailed to Germany to learn the trade of making confectionery and returned to India with the necessary skills in 1929, following which he set up his first factory.  The factory was named as House of Parle after the suburb Vile Parle, in which it was located.

Journey

Parle initially manufactured and sold peppermints, sugar and toffees.  The plant was managed by 12 family members who looked after engineering, manufacturing and logistics.  The first Parle product to become a major hit was the Orange Bite, an orange flavoured candy.  The Swadeshi Movement started in India to urge Indian citizens to purchase only Indian products in order to reduce dependency on imported British products.  Spurred by the increasing prominence of the Swadeshi Movement, Parle decided to manufacture biscuits which were a premium imported product back then.   United Biscuits, Huntley & Palmers, Britannia and Glaxo were the prominent British brands that ruled the market.

In 1938, Parle came up with Parle G which is short for Parle Gluco, a glucose based biscuit which was made in India and made for Indians.  These biscuits became an affordable source of nourishment for the Indian masses and made biscuits commonplace in India.  

ALSO READ: Top Ten Long Standing Indian Brands

Branding

Parle hit a roadblock when competitors like Britannia which launched its own line of glucose biscuits named Glucon D.  Brittannia even went as far as to get Gabbar Singh from the movie Sholay,  to promote their biscuits.  The Indian masses quickly became confused with the number of biscuits available in the market and simply began asking for glucose biscuits.  


It was at this moment that Parle decided to counter the knock offs and came up with packaging that would be unique to Parle Gluco while patenting its own packing machinery.  The new packaging was a yellowish wax paper wrapper with a plump little girl imprinted on it , along with the brand name and company’s red coloured logo.  This was quickly followed by a television commercial with the Indian superhero Shakthiman who was immensely popular with kids.  Since then there was no looking back for Parle G and even to this day it enjoys an unparalleled popularity.

Today Parle G is one of the most recognisable Indian brands and a hundred million packets of Parle G are sold every month.

Monday, 19 December 2022

Pitchers Season 2 Exclusive

 


New Delhi: TVF’s popular web series Pitchers is back with Season 2. The first season of the show was released in 2015 and turned out to be an instant hit among the audiences who connected with the millennials journey and struggles of building a startup from scratch. The excitement around the show is high as the season 2 is all set to release in a few days

The 10 Richest People in the World

Billionaires play an outsized role in shaping the global economy, politics, and philanthropy. Forbes puts the number of billionaires in the world at 2,668 in 2022. The wealthiest among them is (LVMH) co-founder and chief executive officer (CEO) Bernard Arnault, who became the richest man in the world in 2022.12

The individuals on this list belong to an even more exclusive club and wield still more power. Many are founders of technology giants, with much of their wealth still invested in the companies they started.3

These billionaires can, however, still borrow against that wealth to avoid selling stock, deferring (or eliminating for heirs) taxes on unrealized capital gains in the process. Multi-billionaires can also take advantage of a panoply of tax deductions to offset reported income, leaving some on this list paying no income tax in recent years.45

With so much of their wealth in publicly traded stocks, the net worth of the richest can fluctuate with market valuations. For example, Musk saw his net worth surge in 2021 thanks to the increase in the share price of Tesla. Tesla shares rose nearly 50% in 2021. And like a pendulum, his net worth dropped in 2022 due to falling share prices in Tesla, of which he owns 15%. Musk also had to sell many of his shares in Tesla to fund his acquisition of Twitter. As a result, in December 2022, he became the second-richest person in the world, behind Bernard Arnault 

Big saving days sell 2022

 Get ready to reap the benefits of some of the best deals during the Big Saving Days. Starting from December 16 to 22, the Big Saving Days 2022 brings you some of the best deals on electronics, appliances, clothing, and other products. Flipkart’s Big Saving Days give you the chance to cash in on amazing new deals at 12 AM, 8 AM, and 4 PM. You can also catch the lowest prices every day between 12 PM - 10 AM, to get yourself or your family members an early gift. You can also get an additional 5-10% off on a number of items by purchasing multiple items during the Big Saving Days Sale. And, to top it all, you can also use this time to get special offers on flight tickets and medicines. So, you can start the new year off in style by booking your flight tickets online and get special discounts during the Big Saving Days. So stay tuned and sharpen your reflexes to ensure you get the best deals and offers this season on your favourite products. Buy yourself and your loved ones gifts to start the approaching new year in style! Choose products from brands such as Poco, realme, Apple, LG, Dove, and other leading brands from across the globe. 


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