Skip to main content

Mr. ST Kalairaj, Market Research In-charge, Ranbaxy interacts with MBA students at IITK


MBA students at IITK got an opportunity to meet Mr. Kalairaj who has more than 20 years of experience in Market Research domain in Pharmaceutical Industry. At present he is looking after the Market research function of Ranbaxy India Region. In the past he played a pivotal role in setting up Market research departments in DRL, Cadila & Panacea Biotec.

Mr. Kalairaj kicked off the discussion talking about the changing faces in Indian subcontinent touching upon the economic, technological, educational, cultural changes and how these changes are relevant in business context today. He then gave an overview of the Pharmaceutical industry in India and recently emerging trends in this sector. Some of the top therapeutic areas include Anti-infective, Diabetes, Cardiac, and Neurological. He gave lot of interesting insights on brand building in general and that of Pharma sector in particular and described how 30-70 rule doesn’t hold good in Pharma industry. The speaker talked about the various drivers of Indian Pharmaceutical sector.
The differentiating factor in Pharmaceutical marketing is that the decision maker is different than the user/buyer, he told. He described how the product component in the marketing mix should be broken into as many features as possible and the benefits be communicated to the customer. Towards the end, he discussed a classic case of Market Research whereby a particular Pharma brand wasn’t doing well and how the company approached/identified/resolved that problem which ultimately led to increase in brand recall. He also enlightened the students on how to use the marketing concepts learnt with their simple applications in practice.
The session was highly interactive with questions pouring in from the students throughout the discussion on Marketing & MR in Pharma vertical. Overall the students found the guest lecture to be enlightening and immensely useful.

Alok Jain
MBA 2011-13 Batch
PR & Media Cell

Comments

  1. NICE BLOG!!! Investment in a Business Management program is much more beneficial compared to investment in other academic programs. Perhaps, more so in the current situation of recession. Thanks for sharing a nice information.
    Entrance Exams in India
    mba entrance exams in india



    ReplyDelete
  2. I wish you good luck with promoting your blog. I hope these information will come in handy.
    online survey

    ReplyDelete
  3. Hi Sir, You are really good writer.
    Great information, the links in your post has where very useful. I think people claim for every little thing these days and it is really no need to. Once you have selected to buy gold bars, the next factor to be considered is from where to buy them? Since Buy gold bar is very useful, it is well-known as a way of economical dedication. It is a awesome system to battle times of recession; it gives you a sensation of security. Moreover, it is a effective resource, the value of which does not go up and down like shares and debentures. However, economical dedication in gold has a lot of money; so extra good proper care has to be taken.
    Thanks For Only You Create That cute Article.

    ReplyDelete
  4. Thanks for offering particular helpful information. Continue posting particular extreme info for us thanks.

    By Katherine
    MBA, BBA dissertations
    Mba project topics, synopsis, project proposals, human resource reports, marketing projects, operations management, financial management, economics, total quality management dissertations.

    ReplyDelete
  5. I have gone through the online MBA programs and MBA dissertations. Its good to find this blog and all MBA reviews.

    accelerated MBA

    ReplyDelete
  6. Well, there are a wide variety of management streams designed for students but you should choose the one your knack lies.

    MBA in Marketing

    ReplyDelete

Post a Comment

Popular posts from this blog

Consilium'08: The Consulting Conclave

MBA batch under the aegis of Department of IME is going to organize the annual consulting conclave of IIT Kanpur, Consilium’08. The objective of this event is to create a platform where confluence of leading professionals from consultancy and vast student community can take place. As consultancy has become one of the most preferred career choice for IITians , Consilium'08 will provide them the opportunity to learn about the nunaces of consultancy in various domains. From a humble start, it has been envisaged that Consilium will become the platform in coming years where representatives from across the spectrum of consultancy will share their knowledge, experience and insight with students. The event has generated enthusiasm among all sections of IITK students and students from other major B-Schools who are also expected to participate. Case solving competition is one of the attraction of Consilium '08 in which winners shall get certificates and attractive cash prizes. Apart...

THE HIGH OCTANE RIDE: FRESHERS NIGHT ‘12

“Dance like nobody's watching, Love like you've never been hurt, Sing like nobody's listening, Live like it's heaven on earth”  -Mark Twain An apt quote to describe the sumptuous freshers' party for the MBA batch of 2012-14, organised by the seniors on 17 th August, 2012. As with all freshers' parties, the gist of this night was to make every Y’14 MBA student feel like being an integral part of the IIT-K family, younger and ever new to take the challenge of the years ahead, ever fresh through the year and carrying the legacy ahead. The proceedings started as early as 7pm, as all the students geared up for an evening of fun, enjoyment and relaxation. After ambiguity, predicament and lots of discussions over what to wear for the occasion, almost everyone reached the venue for the night, old SAC ground, by 7.15pm where the party finally began at around 7.45pm. The event, compered by Sagar and Kanwardeep, kicked off with the Y’14 students being called on ...

A Talk on Project Management and Strategic Planning

A guest lecture was delivered by Mr. Aditya Kumar, Solution Transformation Leader, Schneider Electric on 11th Jan, 2013. He has specialized in Project Planning, Contract & Risk Management, Turnkey Projects, Business Processes, Energy Management, Building Project organization and thus his talk was focused on these aspects. He discussed that how the strategy and project management go hand in hand. Just as strategies and ideas lead to new projects, similarly, project results drive changes and give rise to new strategies and innovations. He explained that a project is a venture undertaken to produce a product or service. Project management is the discipline of planning, organizing, procuring and managing resources to bring about the successful completion of project by the application of skills, knowledge, tools and techniques and meet the need and expectations of all the parties who are directly or indirectly interested in the project. The main challenge with project management is to...