After a stint of 11 years, Rajesh Jejurikar has quit Mahindra & Mahindra as its Chief Executive for Automotive Division. It is understood that Jejurikar is headed to ZEEL as the company’s President, where he would be working with ZEEL MD & CEO Punit Goenka.
If you have a product that’s targeted well and the advertising reaches the target, it will do well. The other side to that is that the environment for an upscale channel doesn’t allow mass products and premium products cannot be on a mass channel. India is no longer a cheap market, you have to very careful where you advertise, so when people like Sony, Honda, Tanishq, advertise on our channel, they know what they are getting into, they get an audience they want – it’s an audience that buys these kinds of products.