Avalon Consulting https://www.consultavalon.com/ Avalon Consulting is an Asia focused strategy consulting firm Mon, 18 Nov 2024 13:14:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://www.consultavalon.com/wp-content/uploads/2023/05/favicon-70x70.png Avalon Consulting https://www.consultavalon.com/ 32 32 The Rise of Pickleball in India: A Game for All Ages https://www.consultavalon.com/our-blog/the-rise-of-pickleball-in-india-a-game-for-all-ages/ https://www.consultavalon.com/our-blog/the-rise-of-pickleball-in-india-a-game-for-all-ages/#respond Mon, 18 Nov 2024 13:12:13 +0000 https://www.consultavalon.com/?p=4164 Pickleball, a paddle sport blending elements of tennis, badminton, and ping-pong, is rapidly gaining popularity worldwide, including in India. Originating in the United States in 1965, the sport’s name comes...

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Pickleball, a paddle sport blending elements of tennis, badminton, and ping-pong, is rapidly gaining popularity worldwide, including in India. Originating in the United States in 1965, the sport’s name comes from the “pickle boat,” a term in crew racing for a boat with leftover rowers. Its unique mix of accessibility and strategy has earned it global acclaim, with around 4.8 million players across nearly 80 countries as of 2024. In India, pickleball was introduced by Sunil Valavalkar, who discovered it in Canada in 1999 and founded the All India Pickleball Association (AIPA) in 2008. His efforts have led to the establishment of numerous courts and tournaments across the country.

The rise of pickleball in India is driven by its convinience and broad appeal. The sport requires minimal equipment—paddles cost between INR 3000 to 4000, and balls are priced around INR 100 to 200—making it affordable for people from various socio-economic backgrounds. Pickleball’s adaptability allows it to be played on diverse surfaces, from dedicated courts to community playgrounds and even makeshift spaces like garages or airport lounges. This versatility eliminates the need for extensive infrastructure, making it accessible to a wider audience.

Pickleball appeals to a broad demographic. Although it attracts players of all ages, the most active participants are between 18 and 34 years old, followed by those aged 35-54 and 55-64. Notably, players aged 55 and above form a significant segment, reflecting a global trend where approximately 75% of core players in the U.S. are over 55. This highlights pickleball’s appeal as a fun, social, and less physically demanding alternative to traditional racquet sports.

The sport distinguishes itself from others like tennis and badminton through its simplicity and approachability. Unlike tennis, which demands rigorous training and technical skill, or badminton’s fast-paced nature, pickleball is played on smaller courts with straightforward rules. This makes it less daunting for newcomers and emphasizes enjoyment and social interaction over intense competition. Players can stay active and burn calories without the pressure of mastering complex techniques.

Early adopters in India have played a crucial role in promoting pickleball. Many have transitioned from badminton and tennis due to its simplicity and lower physical demands. The sport’s focus on strategy and consistency rather than technical prowess allows for quick engagement without extensive practice. As the community grows, local champions are increasingly organizing competitions and fostering camaraderie, further fuelling the sport’s popularity.

Significant investments are supporting pickleball’s growth in India. The AIPA has partnered with KheloMore Sports, a leading digital platform for recreational and semi-professional athletes, to invest INR 50 million in building 100 state-of-the-art pickleball courts across the country over the next two years. This collaboration focuses on Tier 2 and Tier 3 cities, reflecting a strong commitment to grassroots development. Arvind Prabhoo, AIPA President, expressed enthusiasm for the partnership, stating, “The collaboration with KheloMore is a significant milestone for grassroots development of pickleball in tier 2 and tier 3 cities in India. With this substantial investment, we aim to build world-class facilities and nurture a vibrant community of pickleball players across the nation.”

Additionally, there are plans for a USD 10 million investment in a global professional pickleball league over the next 3 to 5 years. This league will feature six franchises with a mix of international and Indian players, further boosting the sport’s profile in India and creating new opportunities for players at all levels.

The International Institute of Sports & Management (IISM), a leading sports education and research organization in India, suggests that the “Vidarbha Model” of growth should be replicated in Tier 1 and Tier 2 cities to enhance pickleball’s development. This model emphasizes creating a sustainable ecosystem for the sport, including infrastructure, coaching, and community engagement. The Vidarbha Pickleball Association (VPA), led by Shreyansh Mohta, has been instrumental in implementing this model in Maharashtra’s Vidarbha region.

Globally, pickleball is experiencing explosive growth, with the Association of Pickleball Professionals reporting a 40% increase in participation over the last three years. This trend is mirrored in India, where approximately 8000 players from 17 states are now actively engaged in the sport. Recent successes by Indian players at international events, such as the Bainbridge Cup, have propelled pickleball into the global spotlight, sparking hopes for a national league with Olympic aspirations. The anticipated PPA Tour India event in February 2025 is expected to be a landmark moment, likely to attract international players and showcase Indian talent on a global stage, paving the way for greater recognition and sponsorship opportunities.

As pickleball grows in India, its future looks promising. Its accessibility and appeal are driving participation, and investments in infrastructure and grassroots development are strengthening the community. Despite challenges, the enthusiasm of players and supporters is integrating pickleball into India’s sporting culture.

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From Prestige to Burden: The Changing Face of the Olympic Games https://www.consultavalon.com/our-blog/from-prestige-to-burden-the-changing-face-of-the-olympic-games/ https://www.consultavalon.com/our-blog/from-prestige-to-burden-the-changing-face-of-the-olympic-games/#respond Thu, 14 Nov 2024 07:42:18 +0000 https://www.consultavalon.com/?p=4151 The Paris Olympics have concluded, leaving behind both lasting memories and new concerns. As the city returns to normalcy, the debates surrounding the event's impact continue. The Olympic Games have...

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The Paris Olympics have concluded, leaving behind both lasting memories and new concerns. As the city returns to normalcy, the debates surrounding the event's impact continue. The Olympic Games have long stood as a symbol of global unity, athletic excellence, and shared human aspiration. They are a celebration that brings together nations, offering moments of triumph, inspiration, and unforgettable memories. However, in recent years, the Olympics have become more of a burden than a blessing for host cities, raising critical questions about the sustainability and future of the Games. Hosting the Olympics was once highly sought after for the promised economic boost, global visibility, and infrastructure legacy. However, the landscape has shifted, with only Paris and

Los Angeles bidding for the 2024 Games, highlighting cities’ growing reluctance. The allure of prestige and potential economic benefits is overshadowed by the high costs of building stadiums, upgrading infrastructure, and ensuring security, which often exceed initial budgets. This financial burden, along with underutilized facilities post-Games, has led many cities to reconsider the true value of hosting the world’s most significant sporting event. Take Beijing’s 2008 Olympics as an example. The event was initially budgeted at $40 billion, but costs rose to $45 billion by the time the Games concluded. While it successfully showcased China’s emergence as a global power, the long-term economic benefits were less than anticipated. The iconic Bird’s Nest stadium, once a marvel of architecture, now struggles to find sustainable use, becoming a financial drain on the city. Similarly, the 2016 Rio de Janeiro Olympics highlighted the challenges of hosting in a developing country. Held amid an economic and political crisis, the Games faced issues with infrastructure, security, and public health, and the expected economic boost failed to materialize, leaving the city with underutilized facilities and mounting debt, rather than a sense of national pride The International Olympic Committee (IOC) has also played a role in the escalating costs through its relentless pursuit of expansion. The inclusion of new sports and larger delegations has driven up expenses for host cities. However, the IOC has recognized the growing discontent and introduced reforms aimed at reducing the financial burden. These include encouraging the use of existing venues and offering greater financial support to host cities. While these measures are a step in the right direction, they may not be enough to address the underlying issues.

A more radical overhaul may be necessary to ensure the survival of the Olympics. One potential solution is the concept of a permanent Olympic city, equipped with state-of-the- art facilities that can be used repeatedly. This would eliminate the need for costly infrastructure projects in different cities every few years and could significantly reduce the financial burden on host cities. Additionally, while the facility may be used for the Olympics only once every four years, it can also host other global sporting events, ensuring its continuous utility and justifying the investment. Another option is to rotate the Games among a select group of established sporting cities. This approach would lower costs and logistical challenges while allowing host cities to focus on maximizing the benefits of the event. Furthermore, to ensure strong ticket sales and vibrant audiences, it’s crucial to select cities with strategic locations that can draw in large crowds and generate significant revenue.

Beyond the financial strain, the environmental impact of hosting the Olympics is becoming a growing concern. The construction of new venues and infrastructure often leaves a significant ecological footprint. As the world becomes more aware of environmental issues, sustainable practices and the use of eco-friendly materials are increasingly important considerations for future host cities.

Human rights concerns also cast a shadow over the Games. The IOC has faced criticism for awarding the Olympics to countries with questionable human rights records. This has led to calls for greater scrutiny in the selection process to ensure that the Games align with the values of equality, respect, and human dignity.

The future of the Olympics is at a crossroads. The Games must evolve to remain relevant in a world that is increasingly focused on sustainability, social responsibility, and financial prudence. A more modest approach, focusing on smaller, more focused events, could reduce costs and bring the emphasis back to athletic excellence and the Olympic spirit. By embracing innovation, sustainability, and a more equitable distribution of benefits, the Olympics can regain their former glory and continue to inspire future generations. The Olympics must adapt to the realities of the 21 st century, or risk becoming a relic of the past. The time has come for the global community to rethink the model of the Games, ensuring that they remain a celebration of human achievement while also being responsible stewards of the planet and its resources.

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India’s Growing Appetite for Health Foods https://www.consultavalon.com/our-blog/indias-growing-appetite-for-health-foods/ https://www.consultavalon.com/our-blog/indias-growing-appetite-for-health-foods/#respond Thu, 14 Nov 2024 06:38:32 +0000 https://www.consultavalon.com/?p=4141 India, known for its diverse culinary heritage, is experiencing a significant shift toward healthier dietary preferences. A growing awareness of health and wellness is fueling the rise of the health...

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India, known for its diverse culinary heritage, is experiencing a significant shift toward healthier dietary preferences. A growing awareness of health and wellness is fueling the rise of the health food market, with traditional grains and modern superfoods gaining popularity.

According to Avendus Capital, Indian households are expected to triple their spending on health-focused foods and beverages in the next five years. The firm predicts that per capita spending on health foods will double by 2026, with the market reaching $30 billion. With a CAGR of 20%, India is the fastest-growing health food market today.

Changing Consumer Preferences

Indian consumers are increasingly health-conscious due to rising disposable incomes, better access to information, and heightened awareness of lifestyle diseases like diabetes, hypertension, and obesity. This shift has changed dietary habits, with a focus on nutrition and wellness overtaking taste and convenience. Health foods—such as organic produce, superfoods, gluten-free products, and dietary supplements—have moved from niche markets to the mainstream, affecting both urban centers and, gradually, rural areas.

Urbanization has introduced sedentary lifestyles and high stress levels, increasing the demand for health foods that support stress management, mental health, and overall well-being. Millennials and Gen Z are particularly interested in functional foods that offer specific health benefits like improved digestion and enhanced immunity. Products such as probiotic yogurts, detox teas, and fortified cereals have gained popularity. Social media platforms and e-commerce have further transformed consumer behaviour by providing education on healthy eating and easy access to health products.

Evolving Trends and Implications for Brands in India’s Health Food Sector

The health food market in India is diverse and rapidly evolving, offering a wealth of opportunities for both start-ups and established companies. With the increasing demand for health-conscious products, several segments are experiencing significant growth, including organic foods, dietary supplements, functional foods, natural sweeteners, and local superfoods.

Key Evolving Trends

Organic Foods: Concerns over pesticide residues and food safety have driven a surge in demand for organic foods. Consumers are willing to pay more for certified organic products, which are free from harmful chemicals and GMOs.

Dietary Supplements: There is a growing market for dietary supplements as consumers seek vitamins, minerals, and herbal supplements to enhance their health. Products like omega-3 supplements, protein powders, and multivitamins are becoming common in Indian households.

Functional Foods: Foods fortified with nutrients or probiotics are becoming popular for their perceived health benefits. Brands are launching fortified breads, juices, and dairy products to cater to health-conscious consumers.

Natural Sweeteners: Increasing awareness of the health risks of refined sugar has led to a preference for natural sweeteners like stevia and jaggery, which are now widely used in foods and beverages.

Local Superfoods: Traditional superfoods such as millets, moringa, turmeric, and amla are being rediscovered for their nutritional benefits and incorporated into modern diets in innovative forms like health drinks, snack bars, and supplements.

Implications for Brands

Premium Pricing Strategy: Leverage consumers’ willingness to pay more for organic products by positioning them as high-quality offerings. Ensure these products meet organic certifications and clearly communicate their benefits to enhance market appeal.

Product Innovation: Invest in research and development to create nutrient-rich products like fortified foods with added vitamins, minerals, and probiotics, catering to the rising demand for dietary supplements and functional foods.

Local Ingredient Sourcing: Take advantage of the trend toward local superfoods by sourcing indigenous ingredients like millets, moringa, and turmeric. This approach supports sustainability and appeals to health-conscious consumers.

Natural and Clean Labeling: Address the increased awareness of the risks associated with refined sugar and artificial ingredients by using natural sweeteners like stevia and jaggery. Clean labeling practices that highlight the absence of harmful additives can boost brand credibility.

Targeted Marketing: Customize marketing strategies to emphasize specific health benefits, such as promoting protein supplements to fitness enthusiasts or fortified foods to families.

Education and Awareness Campaigns: Educate consumers on the benefits of new products through partnerships with health influencers and targeted campaigns to build loyalty and attract dedicated customers.

By aligning with these market dynamics, brands can not only meet current consumer demand but also position themselves as leaders in the rapidly growing health food sector in India

Challenges and Future Prospects

Despite robust growth, India’s health food market faces challenges such as high prices, limited rural awareness, and the need for stringent quality control. However, the market’s future looks promising. Increasing consumer awareness and ongoing innovation by food companies are expected to drive substantial growth. As more Indians adopt healthier lifestyles, demand for nutritious, natural, and functional foods will rise, transforming the food landscape. In conclusion, the growth of the health food market reflects a shift towards improved health and wellness, presenting significant opportunities for businesses and entrepreneurs to innovate and meet the needs of the modern consumer.

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Post-Festive Slump in Retail Sales and the Falling Footfalls https://www.consultavalon.com/press-room/post-festive-slump-in-retail-sales-and-the-falling-footfalls/ Tue, 05 Nov 2024 05:45:41 +0000 https://www.consultavalon.com/?p=4155 Santosh Sreedhar, Partner at Avalon Consulting provided his views with Financial Express (India) on Post- Festive Slump in Retail Sales and the Falling Footfalls. He discussed the impact of post-festive...

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Santosh Sreedhar, Partner at Avalon Consulting provided his views with Financial Express (India) on Post- Festive Slump in Retail Sales and the Falling Footfalls.

He discussed the impact of post-festive season dynamics on retailers and that many brands rely on “price anchoring” during sales seasons to attract customers.

However, after the festive period, retailers face challenges such as reduced foot traffic and increased returns, which can strain their operations and profitability.

Post-Festive Slump in Retail Sales and the Falling Footfalls

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Impact of GenAI on B2B buyer journey https://www.consultavalon.com/press-room/impact-of-genai-on-b2b-buyer-journey/ Wed, 23 Oct 2024 04:58:44 +0000 https://www.consultavalon.com/?p=4070 Ayush Patodia, Associate Vice President and Pratyush Dash, Consultant at Avalon Consulting co-authored an article on “Impact of GenAI on B2B buyer journey”, which was published in PCQuest. They discussed about...

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Ayush Patodia, Associate Vice President and Pratyush Dash, Consultant at Avalon Consulting co-authored an article on “Impact of GenAI on B2B buyer journey”, which was published in PCQuest.

They discussed about how generative AI is transforming the B2B customer journey by enhancing personalization, automating processes, and providing real-time support.

Impact of GenAI on B2B buyer journey

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“Select” Showrooms by MG Motors: Redefining Luxury Car Buying in India https://www.consultavalon.com/press-room/select-showrooms-by-mg-motors-redefining-luxury-car-buying-in-india/ Mon, 21 Oct 2024 10:03:42 +0000 https://www.consultavalon.com/?p=4109 Subhabrata Sengupta, Partner at Avalon Consulting, shared his insights on “Select” Showrooms by MG Motors: Redefining Luxury Car Buying in India, which was published in Financial Express (India). He discussed...

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Subhabrata Sengupta, Partner at Avalon Consulting, shared his insights on “Select” Showrooms by MG Motors: Redefining Luxury Car Buying in India, which was published in Financial Express (India).

He discussed MG Motor’s strategy to attract Millennials and Gen Z by launching new “Select Showrooms” in India.

Redefining Luxury Car Buying in India

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Reducing India’s dependency on China for the Defence Sector https://www.consultavalon.com/press-room/reducing-indias-dependency-on-china-for-the-defence-sector/ Wed, 16 Oct 2024 04:50:03 +0000 https://www.consultavalon.com/?p=4066 Premchand Chandrasekharan, Partner at Avalon Consulting provided his views to India’s Push for Indigenous Drones Amid Security Concerns Over Chinese Components. His perspective was captured and published in ET Prime.

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Premchand Chandrasekharan, Partner at Avalon Consulting provided his views to India’s Push for Indigenous Drones Amid Security Concerns Over Chinese Components. His perspective was captured and published in ET Prime.

Reducing India's dependency on China for the Defence Sector

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Uber’s cross- generational Ad campaigns to attract old- aged customers. https://www.consultavalon.com/press-room/ubers-cross-generational-ad-campaigns-to-attract-old-aged-customers/ Wed, 16 Oct 2024 04:44:33 +0000 https://www.consultavalon.com/?p=4020 Santosh Sreedhar, Partner at Avalon Consulting, shared his insights with Financial Express on Uber’s ad campaigns targeting older customers, highlighting the significance of cross-generational marketing in reaching a broader audience.

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Santosh Sreedhar, Partner at Avalon Consulting, shared his insights with Financial Express on Uber’s ad campaigns targeting older customers, highlighting the significance of cross-generational marketing in reaching a broader audience.

Uber's cross- generational Ad campaigns to attract old- aged customers

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Value Chain: Fastest Growing Segment in the Indian Fashion Space https://www.consultavalon.com/press-room/value-chain-fastest-growing-segment-in-the-indian-fashion-space/ Wed, 09 Oct 2024 02:54:50 +0000 https://www.consultavalon.com/?p=4079 Santosh Sreedhar, Partner at Avalon Consulting, shared with Financial Express (India) insights on value chain growth in Indian fashion, highlighting the competitive advantage of offline brands like DMart, especially due...

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Santosh Sreedhar, Partner at Avalon Consulting, shared with Financial Express (India) insights on value chain growth in Indian fashion, highlighting the competitive advantage of offline brands like DMart, especially due to their lower basket values.

Fastest Growing Segment in the Indian Fashion Space

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Future Potential of “Dark Tourism” in India https://www.consultavalon.com/press-room/future-potential-of-dark-tourism-in-india/ Tue, 08 Oct 2024 13:48:32 +0000 https://www.consultavalon.com/?p=4038 Premchand Chandrasekharan, Partner at Avalon Consulting, told Mid-Day about the rising interest in “Dark Tourism” in India, where people visit sites of recent tragedies. He emphasized balancing tourists’ curiosity with...

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Premchand Chandrasekharan, Partner at Avalon Consulting, told Mid-Day about the rising interest in “Dark Tourism” in India, where people visit sites of recent tragedies. He emphasized balancing tourists’ curiosity with respecting the dignity of these places.

Future Potential of "Dark Tourism" in India

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PO-Listing trend among new-age Consumer Brand Companies https://www.consultavalon.com/press-room/po-listing-trend-among-new-age-consumer-brand-companies/ Mon, 07 Oct 2024 02:59:11 +0000 https://www.consultavalon.com/?p=4082 Santosh Sreedhar, Partner at Avalon Consulting, shared insights with Financial Express (India) on IPO-listing trends among new-age consumer brands, discussing the challenges they face and the strategies used to achieve...

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Santosh Sreedhar, Partner at Avalon Consulting, shared insights with Financial Express (India) on IPO-listing trends among new-age consumer brands, discussing the challenges they face and the strategies used to achieve public listing.

PO-Listing trend among new-age Consumer Brand Companies

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Impact Paper 22: Driving Digital Transformation in Chemical Manufacturing https://www.consultavalon.com/the-avalon-edge-series/impact-paper-22-driving-digital-transformation-in-chemical-manufacturing/ Thu, 03 Oct 2024 10:13:39 +0000 https://www.consultavalon.com/?p=3990 The post Impact Paper 22: Driving Digital Transformation in Chemical Manufacturing appeared first on Avalon Consulting.

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This case study highlights how Avalon helped drive digital transformation in a leading chemicals manufacturing client.

Avalon drove strategic digital transformation of a leading synthetic rubber and latex manufacturer. The company planned to double its capacity and recognized the need for digital solutions to improve operational efficiency. The approach included conducting a diagnostic to assess digital maturity, creating a digitization roadmap focused on ROI, and driving the execution of solutions with the appropriate technology partners.

The impact of these interventions led to:

  • Enhanced sales team efficiency through a 360-degree real-time view of customer profiles.
  • Improved customer experience with reduced lead times for samples, complaints, and real-time updates.
  • Streamlined knowledge management, including data capture for projects, field reports, and customer queries.
  • Improved execution of the innovation funnel using a cost-effective solution within the existing CRM tool.

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