Too many cooks spoiling the broth: Consumer product IndustryIf you look at any major service industry, telecom services, cable networks ,IT sector,fastfood, restaurants, healthcare and many others, the one common thing that stands out is there are too many companies viving for the consumer market share. Did we make a mistake allowing this unregulated growth? because
Today three major telecom companies are reeling under crores of debt, thousands of jobs are at risk. IT sector also has similar issues.Healthcare has numerous private players who feel the pinch with the government pricing capping laws, there are far too many cabs on the roads making us wonder are they really breaking even.There are at least 15 restaurants/MNCs chains, around each residential locality who do free home delivery for a meagre order of Rs 150-250.
I'm sure there will huge loses suffered by these companies on their books and finally one by one the government and taxpayer ends up paying for it.