Union Budget 2016: Industry experts and Analysts hail pro start-up budget
The Budget 2016 had hardly anything to offer for the Media and Entertainment sector. However, the focus on rural and start-up development could have an indirect effect on the sector. Industry experts and analysts share their views on the Union Budget 2016.

The Union Budget 2016 which was presented yesterday centered on 9 key pillars----agriculture, rural sector, social sector, education and job creation, infrastructure investment, financial sector reforms, governance and ease of doing business, fiscal discipline and tax reforms.
Although there wasn’t too much direct impact on media and entertainment The focus on rural and start-up development could have an indirect effect on the sector, especially on the back of consecutive droughts and shrinking rural demand.
"It appears that there is very little directly for the M&E sector. Except for the point about subjecting sales of spectrum to service tax. For ENIL however, the service tax will be fully set-off, so overall impact should be neutral. This aside, there is a provision for higher Dividend Distribution tax that would affect all corporates, not just those in M&E," said Prashant Panday, CEO and MD of ENIL -Radio Mirchi.
Harrish Bhatia, CEO of MY FM also agreed that none of the issues highlighted earlier were addressed, for example, exemption of service tax as is the case for print publications, OTF to be collected in installment like in telecom industry and waiver of custom duties for import of broadcasting equipment.
On the government’s decision to levy service tax on radio spectrum, he said, “We do not appreciate this move, there is no service that the government is extending to radio broadcaster by providing spectrum.”
Partha Iyengar, VP & Gartner Fellow and Country Manager Research (India) of Gartner, said the budget had a number of "baby steps"; focus on rural skills development and improvement of rural digital literacy, incentivizing the creation of domestic IP and driving domestic innovation, focus on infrastructure outlays, creating a favourable environment for startups, continuing the ‘Make in India’ focus with a few more specific ‘catalysts’ announced in the budget, etc.
"As always though, the devil is in the implementation of these schemes. It is good to see a mention of review of program effectiveness as one of the goals in the budget, but till we see that followed up religiously it is hard to give it credence,” he added.
Zafar Rais, CEO of MindShift Interactive said the budget made for “mixed reactions” though he admitted that it had gone beyond to encourage entrepreneurship across all boards and also of specific categories like the SC/STs.
“The government in the past had mentioned to cut down the corporate tax and has proposed with regard to small units having a turnover of Rs 5 crore, reduction in corporate tax rate from 30 per cent to 29 per cent. ?This should prove to be rather advantageous. Service tax getting an increase from 14.5 to 15 per cent in the form of the Krishi Kalyan Cess? is not an affirmative highlight as it adds pressure on negotiations, when looking at net billings that clients demand. From a media and advertising standpoint, an increase in service tax, especially on electronic goods doesn't seem favourable at all. We would have preferred a more future-focused policy regarding this particular aspect," he added.
Sanjeev Gupta, MD of Global Advertisers added that not increasing taxes was a major positive, especially given the pro-development stance taken by the government and the allotment of money to rural infrastructure, railways and road development. "We are also seeing great potential in expanding our reach to small cities now. The finance minister has also hinted at amending motor vehicles act for better transportation facility in the country. This may give us the opportunity to position our ads more effectively while on the move. We feel that in this critical economic condition, the budget has been so far satisfactory for the advertising industry,” he commented.
“As part of the budget proposals, India has levied an equalisation levy. The tax @ 6 per cent of the consideration will apply on services relating to online advertisement, provisions on online ad space or other facility or services for the purpose of online advertisement, when such services are provided by a non-resident to either an Indian resident or a non-resident having a permanent establishment in India, the payer for these services are required to deduct 6 per cent prior to making the payment. This is the first time that online services are being specifically taxed in India on such differential basis. The impact of this levy will be that firstly, the income of foreign websites/ apps will now be liable to this tax. The taxes are levied under separate code and service providers may not be able to claim credit for the same in their home country. Additionally, there may be additional scrutiny on such transactions under Income Tax law,” said Rakesh Jariwala, Tax Partner, Media and Entertainment, EY
"FM gives impetus to the PM’s ‘Make in India’ dream by rationalising Customs and Excise duty rates on inputs, components used in IT, Defence and Textile sectors. Auto industry will be impacted by the whammy of infrastructure cess ranging from 1 per cent to 4 per cent levied on manufacture of motor vehicles," opined Amit Bhagat, Partner (Indirect Tax) at PwC India.
Siddhartha Roy, CEO of Hungama.com said, "The Union Budget 2016 has paved the way for rural digitization with a focus on digital literacy. The aim to connect 6 crore households will provide a stronger reach and deeper penetration for digital and technology driven services in rural India, thus allowing residents a plethora of services. The digital literacy scheme announced by Mr. Arun Jaitley in rural India will not only give rise to increased manpower but also boost employment generation. The budget is an indication of the government's resolve towards the ‘Digital India’ scheme."
Neel Ratan, Partner and Leader (Government and Public Sector) at PwC India commented, "Renewed focus on ensuring ease of doing business will reinforce positive investment climate for global investors as well as foster a culture of start-ups with the much awaited amendment of Companies Act. This will have a cascading effect with youngsters becoming job creators rather than job seekers, constructively channelizing the energy of India's youth and catapulting nation into the league of developed nations. National Career Service is emerging as a robust go-to-portal for job seekers; the move to inter-link National Career Service with state employment exchanges will eliminate bottlenecks and fast-track the filling up of job vacancies. Moreover, the announcement of 100 model career centres for National Career Service Portal will revive the traditional job search and massively add to the reliability of the portal, making it the preferred mode for searching jobs."
Bhavin Turakhia, CEO and Co-founder of Directi praised the government's intent on revitalizing agriculture, infrastructure, skill development and higher education sectors.
"Amendments in the Companies Act and the ‘Stand up India’ scheme will boost the entrepreneurial ecosystem. Most importantly, the government has indeed offered unique opportunities to start-ups, categorizing them as critical partners for the ‘Make in India’ programme. The proposed 100 per cent tax deduction for new start-ups for the first three years, along with the speedy registration mechanism is quite noteworthy,” he added.
Media personalities also took to Twitter to share their views on the Union Budget 2016. Here are some reactions:
Congrats @arunjaitley for staying the course of fiscal discipline: @ShekharGupta #Budget2016
— Business Standard (@bsindia) February 29, 2016
#budget2016 Jaitley's budget is growth, investment and jobs oriented. The sting may come on his fiscal targets unless revenue overestimated
— R Jagannathan (@TheJaggi) February 29, 2016
Total outlay for infrastructure in #Budget2016 now stands at Rs2,21,246 Cr: FM Jaitley
— ANI (@ANI_news) February 29, 2016
Have maintained for while @nitin_gadkari @PiyushGoyal have been best performing ministers of this govt. @arunjaitley agreeing #Budget2016
— bhupendra chaubey (@bhupendrachaube) February 29, 2016
Excellent budget for the Aadhaar-card holding non-smoker who lost his degree certificate and plans to launch a loss-making startup this year
— St_Hill (@St_Hill) February 29, 2016
#Budget2016: few hits, many misses
— Milind Deora (@milinddeora) February 29, 2016
Free dialysis services, higher rural & infra spend ????
Deferring disinvestments, broadening tax net ????
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Levi’s and Deepika Padukone show what it means to ‘follow instincts’
The film is inspired by real-life moments
By e4m Staff | Sep 23, 2023 8:05 AM | 2 min read
Levi’s has launched its campaign “For Now, For A Lifetime” to celebrate special moments and to talk about how they go on to be memories that stay with us, and ultimately shape each and every one of us.
The brand’s “For Now, For A Lifetime” campaign captures what following your instinct looks like. The film, inspired by real-life moments and instances, starts with Deepika Padukone sneaking away from a set, hopping into an auto-rickshaw and disappearing into the night.
In pairing a dark denim shirt and lighter high-loose jeans or a perfectly coordinated, jumpsuit-like look, Deepika Padukone brings a fresh and modern take to denim in this new campaign. Anchored by iconic product – timeless, but always on-trend blue jeans, the for-all-seasons trucker jacket and a wide range of much-loved graphic tees.
“The ‘For Now, For A Lifetime’ campaign is an embodiment of what it truly means to Live in Levi’s® and how our product is so deeply woven into our consumers’ lives. This campaign, featuring Deepika Padukone, is a celebration of moments when you can truly be your most authentic self. Enabling this for our consumers is what we strive to do, from how we create our product to how we bring it alive for our consumers,” said Amisha Jain, Senior Vice President and Managing Director, South Asia-Middle East, Africa and Non-EU markets (SAMEA), Levi Strauss & Co.
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Britannia Bourbon starts a global debate
The brand has launched a new TVC, conceptualised by Womb
By e4m Staff | Sep 23, 2023 9:04 AM | 2 min read
Britannia Bourbon has introduced "Chocolate over Chocolate over Chocolate", an upgrade that is set to delight the taste buds of chocolate enthusiasts and elevate the Bourbon experience to new heights.
Conceptualized by The Womb, the TVC creatively brings to life the delightful mystery of Britannia Bourbon's new triple-layered chocolaty experience. As the TVC unfolds, viewers are immersed in a playful debate – is it truly chocolate on chocolate on chocolate, or perhaps chocolate below chocolate below chocolate? With each layer beautifully accentuated, the TVC not only tantalizes the taste buds but also sparks curiosity, inviting everyone to savour the delicious layers of Britannia Bourbon and decide for themselves.
Amit Doshi, Chief Marketing Officer at Britannia Industries Limited stated, “Britannia Bourbon has been the quintessential creme biscuit of India for generations. A treat to the taste buds and sparking joy in every household, teaching us the real treat for chocolate layers between the sugar-sprinkled biscuits. Britannia Bourbon has captivated millions with its rich flavour that is so unique to create a cult following like no other.”
He continued, “Today, we take a momentous step forward by introducing the all-new Britannia Bourbon with the new packaging that highlights its multiple layers of chocolate. This is a testimony of our dedication towards delivering innovative & superior taste experiences for our consumers. The much loved classic Britannia Bourbon for its exquisite blend of chocolatey goodness, and now we're taking that delight to new heights with three delectable layers of chocolate indulgence. We have increased the product supremacy by adding more chocolate to make it even more indulging. The television commercial creatively conceptualised by our partners, The Womb, brings to life our new brand proposition, which celebrates not just the layers of chocolate but also the layers of emotion, nostalgia, and joy that Britannia Bourbon brings to every bite.”
Suyash Khabya, Creative Head at The Womb said, "AM and Planning said Britannia Bourbon ki brief hai 'Chocolate pe Chocolate pe Chocolate'. On expected lines, Creative said 'Don't agree'! It's Chocolate below Chocolate below Chocolate'. And Boom! That was the idea. A debate. But rather than keeping the debate to a gully in India, we took it global. Gave it scale. We got the world to argue, and aggressively. A simple idea but unignorable. Or is it the other way around? Now, that's another debate."
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SNICKERS celebrates cricket season with Noobie twist
The campaign captures the quirks of cricket fandom with humour
By e4m Staff | Sep 23, 2023 8:28 AM | 2 min read
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Cheil India weaves a story around affordability for Samsung Galaxy
The campaign is inspired by the tradition of hand-me-down gadgets within the family
By e4m Staff | Sep 24, 2023 4:00 PM | 2 min read
Cheil India has crafted a new campaign for Samsung Galaxy Smartphones with a fresh take on making great tech affordable.
The campaign features two Galaxy products from the house of Samsung and is inspired by the tradition of hand-me-down gadgets within the family.
“Keeping true to our philosophy of making great tech affordable, The Samsung S23 Series builds on the philosophy of affordability where consumers can choose upto 24M no cost EMI along with an unmatched exchange bonus on their old device driving our mission of Digital India,” says Aditya Babbar, Senior Director, Mobile Business, Samsung India.
The campaign is anchored around a film and its essence is affordability. The film is about offers. For such a tactical film, Cheil India approached it in an entirely new light. They weaved in a storyline around siblings. How one avails the zero down payment offer on the Galaxy S23 Ultra and returns his old phone to his younger sister, and how she upgrades that for a Galaxy Z Flip5 with an additional discount. The follow-up ads establish the archetypal relationship that a brother-sister have and the role the Galaxy S23 Ultra plays in each aspect of their relationship.
“We have shared our smartphones with our siblings and all we did was capture this moment in a tongue-in-cheek manner, not to mention the attractive offers that make it easier to upgrade to Galaxy phones” says Vikash Chemjong, CCO, Cheil India.
Speaking about the campaign, Srijib Mallik- Head of Business-Samsung, at Cheil India, said, “Hand-me-down is common practice amongst siblings. However, with our attractive offers, one can get into the aspirational Galaxy series. Through slice-of-life films, we have catapulted this observation into a theme that holds the entire campaign together.”
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Pitch Perfect: How AI is helping agencies win new businesses
The technology helps agencies provide data-driven insights and create pitches more efficiently and faster, thereby streamlining tasks & freeing up time for strategic and creative thinking, say experts
By Tanzila Shaikh | Sep 22, 2023 9:06 AM | 6 min read
Artificial Intelligence (AI) has become the new buzzword in town. While marketers have been using it for some time now to engage with their consumers more effectively, the newest lovers of the transformational technology, it seems, are advertising agencies. The agencies, say industry leaders, are using AI for the pitching process to win businesses. Though it is still work-in-progress when it comes to full-fledged use of the tools, industry leaders say AI provides them data-driven insights which help create pitches more efficiently and faster, thereby freeing up time for creative thinking.
We spoke to experts to understand how actually AI has taken a seat at the pitch meetings.
New weapon in the arsenal
According to Rajni Daswani, Director - Digital Marketing, SoCheers, AI has now become a fundamental tool in the arsenal of agencies. “The technology is revolutionizing our ability to dissect many aspects, like providing valuable insights, that help us tailor our pitches for the clients. It helps us target audience, personalize content, provide data-driven insights and create pitches more efficiently and faster. It acts as a personalized assistant, streamlining tasks and freeing up time for strategic and creative thinking.”
Azazul Haque, CCO at Media.Monks, says they have been using AI when the idea needs it. “Whether to use AI tools for pitches depends on the idea. But for many pitches and for existing clients, we do use AI tools to create proof of concept. But we are using AI when the idea needs it and not for creating generic bulk content. We used machine learning for creating proof of concept in campaigns done for Tata Tea,” he adds.
While the industry is still getting a hang of the technology, some have started using different tools, says Dr. Sandeep Goyal, Chairman, Rediffusion. “AI is still work in progress. The art guys are still experimenting and learning every day. So, the real results from AI are yet to be experienced. Right now, you hit the high notes on one nice visual but struggle with the next one. It is an evolving business. When Photoshop came, it was a big leap forward. Now AI will take us to new realms. The pace of change really needs a cerebral leap forward. This is as much about good copywriters giving the right search word commands as art directors learning new skills,” he explains.
Sharing how they are using AI for pitching, Siddharth Bhansali, Founder, Noesis.tech (Zoo Media), says AI is used as a starting point to get better insights, soemthing that wasn’t possible earlier. “AI is revolutionizing the way agencies craft their pitches. First and foremost, it provides data-driven insights that allow us to understand potential clients' needs, industry trends, and audience behavior with unprecedented precision. Instead of relying solely on intuition or broad industry knowledge, we now have access to detailed analytics that guide our strategies”, he said.
Explaining the technicalities of the usage, Preetham Venkky, Chief Digital Officer, DDB Mudra Group, shares, “AI technology has created two kinds of tools. There are AI-first tools like ChatGPT and Midjourney and AI-augmented tools like Adobe Firefly. In the case of pitches, it is important to focus on the brand, which means the visuals, the copy, expression and the tone have to be focussed on the brand. So, in the case of pitches, we don’t use AI-first tools very much unless it’s an AI-driven concept. But we do use AI-augmented tools. After we win a client and if there is an interesting idea that needs to be showcased, that is where we use AI-first tools.”
Exercising Caution
One of the most common points that all experts made when asked about using AI for business pitches is that it helps them to get better insights of the audiences that they are targeting for the client, but one can depend on it only to an extent, atleast for now.
Shares Rahul Pahwa, Sr. VP and Business Head said (North), Grey Group, “Has AI been a gamechanger? I feel not yet. But it has enabled individuals to write quickly, and there are tools that help them to enhance their productivity and efficiency. For pitches, you have to know and be aware that everyone knows about these tools and so if you depend on AI to gain that edge, then it's a game of who knows the software better. Individuals use AI as a starting point, there are some advanced tools that can help you with scientific data in the strategy stage. So, at a strategy and research level, it helps to an extent.”
Venkky too shares the same concerns. “AI has been very useful in data interpretation. But for instance, if you are targeting a category, you are trying to look at the dynamics and if you are taking data from reports, it might be insufficient in front of the client because everyone might have the same reports. With AI tools you can get nuggets of deeper information and that’s how we use AI.”
Human intelligence is the real magic
Experts say that AI is just the starting point or the skeleton of the work, but the actual magic is still done by human intelligence and it is what makes a wholesome pitch and makes them win a business as well as forge a long-lasting relationship.
According to Venkky, AI is a sous-chef while human intelligence is still the main chef. “AI is a great sous-chef. It’s a great prep chef and humans have to be the main chef. The sou- chef does 80% of the work but it’s the 20% of a human touch that make the 80% impactful.”
“Right now, it is not a gamechanger to win businesses. Human intelligence is still the fundamental of winning pitches. AI can’t help you create something new because it is definitely human creativity that gives you the edge,” says Pahwa.
Adds Haque, “AI will change the way industry functions. Bulk generic content, like always-on content, will mostly be created by AI in times to come. Just like industrial machines replaced handicrafts in the past, AI will replace human basic skill set-led departments like content writers, graphic designers, etc. It will create a future of thinking-led creative agencies. It might make the agencies leaner. Agencies might offer better ROI to the clients. Be it existing or new business.”
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Himalaya Wellness Company's new campaign focuses on pain relief solutions
The film is for Rumalaya Active Spray
By e4m Staff | Sep 21, 2023 5:41 PM | 2 min read
Himalaya Wellness Company has announced the launch of Rumalaya Active Spray's new television advertising campaign aimed at providing consumers with quick and long-lasting pain relief. The campaign’s theme, "Rumalaya Active Spray: Your Pain Relief Partner," showcases Himalaya’s commitment towards delivering clinically tested, safe, and effective pain relief lasting up to six hours.
Rumalaya Active Spray’s new TVC campaign is an all-India advertising campaign on television, covering leading national and regional channels, targeting key markets such as West Bengal, Maharashtra, Karnataka, and Tamil Nadu. In addition to TV advertisements, Himalaya is also advertising the product digitally on platforms like YouTube and Meta pan India to reach a wider audience. The campaign promotes the Rumalaya range of pain relief products, including spray, gel, liniment, and balm, to increase awareness about its diverse offerings.
"We have utilized digital platforms to target high-affinity consumers and drive e-commerce conversions. Himalaya has featured Rumalaya Active Spray ads during live Asia Cup matches and makes our products available in over one lakh outlets. Additionally, we engaged in experiential marketing through sampling activations at popular melas/gathering/fairs to reach a diverse audience," says Vikas Bansi, Business Head-OTC, Himalaya Wellness Company.
He further added, “In order to complement consumer activation efforts, we have also conducted product detailing and sampling activities, along with Continuing Medical Education (CME) programs targeting relevant healthcare professionals, especially doctors specializing in pain management. With a foundation rooted in consumer insights and a comprehensive marketing strategy, we expect the Rumalaya Active Spray TVC campaign to generate significant consumer awareness and demand.”
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Akshay Kumar & Kriti Kharbanda get into a comedy of errors in Catch Salt & Spices ad
Conceptualized by Dentsu Creative, the film is centered around Catch Hing
By e4m Staff | Sep 21, 2023 3:31 PM | 4 min read
DS Group, a multi-business corporation and a leading FMCG Conglomerate, launched a new TVC for Catch Salt & Spices, to further strengthen its brand positioning with the message, "Kyunki Khana Sirf Khana Nahi Hota." Conceptualized by Dentsu Creative, the film is centered around Catch Hing. Besides the TV channels, the all-new TV commercial will also be amplified across multiple digital touch points including Instagram, Facebook and YouTube. The TVC features Bollywood superstar, Akshay Kumar with the vibrant and talented Kriti Kharbanda as a co-star, adding a fresh and exciting dimension to DS Group's marketing efforts.
The new TVC brings to life the essence of DS Group's commitment to quality and excellence in the culinary world. It encapsulates the idea that food transcends mere sustenance; it is an experience, a celebration of flavors, and an expression of love. With Hing as the focal point, the commercial emphasizes the brand's dedication to providing high-quality, authentic, and flavorful products that elevate every meal.
The new Catch Hing TVC plays on the word “Khushboo” which means ‘Aroma’ and is also a common name in India! The play of words between the two expressions makes the film enjoyable while delivering on the product and brand proposition. The film opens with Akshay Kumar, playing the role of a husband, entering a home carrying a bag filled with groceries, including a variety of spices, and informing his wife “Khushboo” that he brought all the groceries from the market. His attention is piqued when he notices a young boy peering into his house, sparking his curiosity about the boy's intentions. The boy is captivated by the enticing aroma wafting from the kitchen, and upon Akshay’s questioning, he unknowingly says he is attracted to Khushboo (not his wife but Aroma) in the kitchen where Akshay's wife, Kriti Kharbanda, is using Catch Hing for cooking. To correct the misunderstanding Akshay proceeds to introduce the boy to Catch Hing, highlighting its authentic fragrance. In the closing scenes, both men are seen savoring a delicious Indian meal prepared using Catch 'Hing' where Akshay delivers the message that "Khana sirf khana nahi hota, “bigadte mamle ko sambhalne ka zariya bhi hota hai," which translates to "Food is not just food, it's also a way to handle delicate situations." It subtly reinforces the essence of Khusboo(aroma) in cooking, enhancing flavor and serving as a crucial indicator of ingredient quality and freshness, thereby adding value – to taste, to the situation, to relationships, etc.
Akshay Kumar, renowned Bollywood actor, expressed, "I am truly excited to continue my association with DS Group and their Catch Hing campaign. 'Kyunki Khana Sirf Khana Nahi Hota' has always resonated with me because it emphasizes the deeper significance of food in our lives. Food is not just sustenance; it's an expression of love, culture, and emotions. With this new TV commercial centered around ‘Hing’, we aim to convey that message even more powerfully. I'm proud to be a part of a brand that values quality and authenticity in the culinary world, and I believe this TVC will further strengthen DS Group's position as a trusted name in every Indian kitchen."
Kriti Kharbanda, Bollywood actress expressed, "I am truly honored to join DS Group's journey in reinforces the essence of 'Kyunki Khana Sirf Khana Nahi Hota’. The new TV commercial not only celebrates the essence of this message but also introduces the magic of Hing as a culinary game-changer. Having grown up in a household where my mom extensively used Catch masalas in her culinary creations, it's a source of immense pride for me to be associated with the brand today."
Sandeep Ghosh, Business Head, DS Spiceo Pvt Ltd., emphasized the importance of spices in Indian cuisine, saying, "We are thrilled to unveil this exciting TVC, which not only reinforces our brand's core message of 'Kyunki Khana Sirf Khana Nahi Hota,' but also showcases the exceptional qualities of our Hing product. Our continued partnership with Akshay Kumar and the introduction of Kriti Kharbanda underscores our commitment to excellence and innovation. We are confident that this TVC will resonate with our customers and reaffirm DS Group as their trusted choice for culinary essentials."
Ujjwal Anand, Executive Vice President, Dentsu Creative said, “Catch Salts & Spices is a forward-thinking brand, boasting a diverse array of top-notch offerings. With its new strategic direction, the brand aims to explore the profound relationship consumers have with food, promising to disrupt the conventional norms within the competitive market.”
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