Friday, April 02, 2010

The Rural Touch


R. Seshadri, MD, Anugrah MadisonR. Seshadri,
MD, Anugrah Madison


One of the first to tie up with a rural marketing firm, Madison is hopeful that the market’s growing fascination with rural India will reap rich rewards.

4Ps: What is Anugrah’s contribution to Madison’s bottomline?
RS:
I can’t share figures, but Anugrah is among the smaller units of Madison. As in any other businesses, our margins are under increasing pressure.

4Ps: What sectors does your client portfolio encompass?
RS:
Anugrah’s client roster consists of a mix of agri-input, manufacturing, telecom and other service providers. Over the years, we have worked on several campaigns aimed at effectively tapping the potential of semi-urban and rural consumers.

4Ps: Looking back, how has the decade old tie-up with Madison added to Anugrah’s capacities?
RS:
Our tie up with Madison in 1998 has been a turning point in our history. Till then, we were primarily seen as a small Chennai-based agency. Our new avataar as Anugrah Madison opened doors from Madison’s large roster of clients from across India.

4Ps: Future potential?
RS:
FMCG sector was left unscathed during slowdown due to increasing business from rural India. Sectors like auto, BFSI & telecom are now focusing more on rural.

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Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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