On The Trot

“Star Trek roof in that Wrath of Khan, Girls get loose when they hear this song, 100 on the dash get me close to God, We don't pray for love, we just pray for cars….” Almost all of us hummed this song and sang in unison the last line, by THE WEEKND, whether we were speeding up in a car or just sitting back somewhere dreaming to own one. This shows how much human beings are fond of cars and the manufacturers know that well. Indians have a craze for cars and that has made India the seventh largest manufacturer of commercial vehicle.  However, there was a slump in the automobile industry in the year 2018-19. In fact, the Indian economy faced a slowdown which led to a growth of only 5% in the automobile sector in the quarter ending in 2019, which was the lowest in the 5 years. Indian automobile manufacturers like Maruti, Tata Motors, Mahindra & Mahindra announced suspension of production over several months as car sales dropped by 41% - the steepest fall in the last two d...

   "Buy when there's blood in the streets,  even if the blood is your own. " The worse off the market is, the better the opportunities are to profit, and nobody understands it better than Mr Mukesh Ambani the billionaire business magnate, ( needs no introduction) So making the most out of the pandemic where the masses feared to go out and a lockdown prevailing over the entire nation , online delivery business and e- grocery stores saw a hike in its business transactions. A joint venture between Reliance Retail and Jio Platform called the Jio mart had its preview release in December 2019 , and finally in April 2020 it launched its pilot project in Navi Mumbai, Thane, Kalyan. In May 2020 it was launched in 200 cities across India. One can order groceries, dairy products, fruits , vegetable through its app at the convenience of their home and it gets delivered at your doorstep with all the required safety measures. It has even digital mode of payment which ensures minim...