Author: S.
Arun Kumar, Assistant Professor, SMOT School of Business, Chennai
Nation Branding
Nation
branding refers to branding of a country in terms of its reputation in the
global scenario. Few of the practices involved in nation branding is constantly
measuring the Nations growth in economic space, attracting tourism, exports,
attracting talent pools, technology innovations, cultural heritage etc. The
concept of measuring country’s global perception across various dimensions was
developed by Simon Anholt in the year 2005. It is defined as Country branding
Index or Nation branding Index.
About IBEF – India Brand Equity
Foundation
IBEF
is a Trust which was formed in association by two entities namely Ministry of
Commerce and confederation of Indian Industries (CII). IBEF’s core focus is to
promote the ‘Made in India’ brand and to increase awareness of Indian products in
overseas market. IBEF works along with various knowledge partners to
communicate the message about Indian Business Stories through the form of CDs,
posters, magazines, newsletters and reports.
The
article focuses on the perception of the brand ‘India’ across the world and the
driving forces that makes the “Made in India” brand to be the fastest growing
brand in various verticals like technology, IT, Automobile, Medicine, Telecom, Banking
& Financial services, Manufacturing, Retail, Infrastructure and Educational
sectors.
The
brand India is linked to the various components of a typical brand attributes.
Brand Personality
The
brand India has different facets of eminent personalities who have captured the
hearts of global audience. Those include personalities like Mahatma Gandhi Ji,
APJ Abdul Kalam, Ar Rahman, Sachin Tendulkar, Ratan Tata, Shiv Nadar (HCL),
Narayana Murthy (Infosys) etc who have contributed a lot in taking the Brand
India to its acme.
Brand Name
The
name India has also been referred to as Bharath or Bharatham. In his book India
Ethos and Values, Indian Professor Ajith Shankar has quoted various scriptures
and described the etymology of the word ‘Bharath’ as follows
·
BHA refers to
Bhagvan (God) and Ratha refers to ‘Love’ – Bhartheeyas are people who love God!
·
Bharat refers to
the geographical territory of the public of India
·
Region ruled by
Bharata was referred as Bharatavarsa
·
Bharath vibrates
with hues of every nature
Slogan
The
country India is often referred to feminine attributes of God. The tagline
‘Incredible India’ by the Indian Tourism depicts the scenic and serenity of
India with invaluable natural assets and monuments, sculptures depicting
brilliant architectures of the century.
Brand Performance
Brand
India has better credibility compared to many other brands in the world. Indian
brands like Tata, Mahindra, Maruti, Hero Moto Corp, TVS, Haldirams, Hero
cycles, Shakthi Masala, IPL, Tata Nano, Haldirams etc have very global
presence. Bollywood movies have
penetrated the global market to an extent that they act as a tough competition
to Hollywood movies.
Brand Promise
There
are many examples to prove the promise that India has delivered across the
world in terms of health, Information and Technology, Automobile, Textiles,
medical etc. Indian medical field ranks the fourth place in the world, in
telecommunication India ranks second. The products like mobile phones,
machinery components which were imported once are being exported with ‘Made in
India’ Brand. India is the hottest selling market for all global companies.
‘Chennai’ is claimed to be the Detroit of Asia with various automobile
companies invading Indian market and trying to setup their manufacturing base.
Brand Culture
A
country like India is rich with its rich cultural heritage and religious values
like religion, Yoga, Ayurveda, Marriage systems and ceremonies etc.
Brand Essence
The
brand essence means the soul of the brand. The soul of India is its rich
cultural heritage and values which are still unshaken or affected by western
influence. India follows ‘Unity in Diversity’ with more than 100 languages and
400+ dialects, 28 states and 7 union territories. The concept of ‘Saving’
nature has helped Indian economic system to sustain its glory amidst global
recession, where even the so called ‘Super Powers’ have felt the pain of
economic slowdown.
In spite of many invaders starting from
Aryans, Persians, Muslim invaders, Danish, Dutch, French, Portuguese and
finally The English have tried to plunder the wealth of our Nation, it’s
natural wealth and beauty still remains the same and proves to be a
‘Amudhasurabhi’. (The term is being referred to something which never gets
exhausted.) There is no doubt that India will emerge as a Super power and once
again prove its glory to the world.
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