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whispersinthecorridors Online Print from origin : whispersinthecorridors.com > Archive > 2nd January 2007 , Tuesday |
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Young, dynamic and dashing Jeh Wadia is scion of the famous Industrialists family of Wadias' for whom the dream is to see all 600000 villages in India turn self reliant. Though, age and opportunities are on his side, he is quite busy, yet he obliged us by sharing his frank views in an interview with the "whispersinthecorridors.com". He emphatically said "innovation and premium quality service have always been the hallmark of the Wadia Group. As part of restructuring the Group, we plan to capture various sunrise businesses in India." As Managing Director of the of the low cost carrier (LCC) i.e. the "GoAir" he said "we are aiming at expanding our fleet to 33 aircrafts by end 2008.Nanaji Deshmukh has been a mentor for me and under his leadership I started to volunteer for the Deendayal Research Institute (DRI) in Chitrakoot (Madhya Pradesh).President APJ Dr. Abdul Kalam's project, PURA focuses on connectivity of villages primarily and one of its goals is also to provide vocational training to villages, while DRI focuses on making villages self sufficient. He listed various measures
of making LCCs in India more viable while stating the "GoAir" aims to
be the premium low-cost airline in India and will provide passengers a comfortable
and affordable option to popular holiday and business destinations in India. We
have a market share of 4% and plan to increase the same to 10% by second year
of operations." To chill he loves three things sun, sea and surf which are available at his one of the favourite holiday spots in Thailand. Jeh Wadia as well said "I enjoy adventure sports. I'm also a complete beach person and love to spend time with my family in Goa. Here goes his interview: 1/What are your expansion plans? As a low budget airline how are you surviving? GoAir's first service on 4th November 2005, started with 4 destinations with 6 scheduled flights a day - today we service 13 destinations with 385 flights per week. We have just added one more aircraft to our fleet making it a total of 7 aircraft which will go up to 8 by December 2006. We are aiming at expanding our fleet to 33 aircrafts by end 2008. GoAir aims to be the premium low-cost airline in India and will provide passengers a comfortable and affordable option to popular holiday and business destinations in India. We are currently at a 30-35% cost advantage compared to full fare carriers due to the low turn around times, higher utilisation, no interlining principles, sale of meals on board, more efficient staff utilisation etc. We have a market share of 4% and plan to increase the same to 10% by second year of operations. In terms of Distribution, GoAir too has reduced its distribution costs with internet booking, E-ticketing etc. With the increase in internet connectivity and the realisation that the cheapest fares are available directly on the net, more and more passengers are now opting to book their tickets online. As a low budget airline, one of the key concerns today is infrastructural support. The LCCs abroad have the support of fantastic subsidised infrastructure and are not at par with the Full service carriers. However, in India, the LCCs have to pay the same as the Full service carriers for infrastructure, fuel subsidies, parking costs, etc, which can be quite a hindrance to becoming a true LCC in every sense. Also, certain other policy changes like the option to outsource areas like Security, Ground Handling and the ability to hedge ATF prices will make LCCs even further competitive. 2/What are the disadvantages of being born with a silver spoon in the mouth? The advantages far outweigh the disadvantages. I've always had a lot of leeway in what I wanted to do and have tried out new business ideas. But I haven't exactly had it served on a platter to me. My parents wanted me to start right from the shop floor and not directly inherit a comfortable position at the top. Hence my work with the Wadia Group started on the shop floor as a Spinning Manager in Bombay Dyeing textile mills where cotton used to go in my ears and get stuck to my clothes. This initial start up helped me in the long run as regards discipline, understanding my employees and appreciating the privileges in life. Also, the understanding of the production process enhanced my knowledge and helped me deal with clients. 3/Any further plans for diversification? The Wadia group has just signed a Term Sheet to form a Joint Venture Company (JVC) with SIA Engineering Company Limited to offer maintenance, repair and overhaul (MRO) services in India. They would operate as separate entities. We have also made strategic investments in the healthcare, retail and real estate arena. We are now looking at setting up GoCargo and GoEngineering. 4/What's your favourite food? How do you like to chill out? One of my favourite restaurants is Nobu in London, a Japanese fine dining restaurant and my favourite dishes are Salmon and Caviar tartare, Black Cod, Snow Crab, Lobster Wasabi and Spicy Prawn Tempura. I enjoy adventure sports. My stint with a car dealer in London during my student days saw me speeding in Ferraris and Bentleys. I also have pleasant memories of having piloted the MIG29 aircraft a few years back. I'm also a complete beach person and love to spend time with my family in Goa. As far as holidays destinations go, Thailand remains one of my favourite holiday spots for the sun, sea and surf. 5/Since age and opportunities are with you, how would you like utilise innovations for a better industrial growth? Innovation and premium quality service have always been the hallmark of the Wadia Group. Today only those who combine a great vision with a strong operational capability, resulting in higher growth and higher profitability are termed as successful organisations. As part of restructuring the Group, we plan to capture various sunrise businesses in India. GoAir is a brilliant example of innovation in the current travel and aviation sector. The concept of a low cost airline is relatively new in a country like India. With GoAir we have commoditised air travel by offering fares at affordable prices which are at par with train or bus fares. Going forward we will continue to ensure that there is innovation in everything we do, in all departments where human resources are deployed, including planning, development, marketing and also at the delivery end point. 6/Who is your role model & why? Nanaji Deshmukh has been a mentor for me and under his leadership I started to volunteer for the Deendayal Research Institute (DRI) in Chitrakoot. You see, he started this development in 1973 and his vision was that the reform of rural India cannot come through politics and hence he chose to opt out of politics in '73 when his government came into power and decided to take up this cause through private initiatives. That's how the DRI was born, with the very simple objective: Making people self-reliant. DRI's core competence is to develop working models for villages in rural India adopting models of Health & Hygiene, Education, Entrepreneur training, Agriculture development etc. Nanaji Deshmukh's dream was to distribute the knowledge to 6,00,000 villages making them all self-reliant and it his dream which I wish to fulfil during my lifetime. 7/Is there any possibility of launching a nation wide drive for villagers' upliftment,on the lines of your contribution at the Chitrakoot located Deendayal Shodh Sansthan(popular as the DRI)? As mentioned above, currently we are looking at making 6,00,000 villages self-sufficient through the Chitrakoot project which is quite a significant number. It will take us some time to achieve this mission after which we will evaluate the options of extending this to other areas of the country. 8/How is it different from President Dr.A.P.J. Abdul Kalam's concept of providing urban amenities in rural areas (PURA)? President APJ Dr.Abdul Kalam's project, PURA focuses on connectivity of villages primarily and one of its goals is also to provide vocational training to villages, while DRI focuses on making villages self sufficient. The similarity between both the projects is that of helping
villages with regards to the betterment of their economy and standard of living,
but the difference is that while PURA looks at the connectivity angle, DRI aims
at making them self reliant. Who is the Super Boss & Super Cop-name the nameless. For a change, this is not a whisper. In fact, it's a yell from the housetop. A yell for the year 2007.If our patrons endorse it, this yell from the WHISPERS should reverberate in corridors of all state capitals, besides of course the heart of India-that Delhi has always been and shall so remain all times to come.
We thought on the New Year Day we should attempt doing the hitherto unattempted and un-done. You and us will make it happen. We are going launch you this year on a thrilling voyage of a discovery. We are declaring that in the Year 2007 all of you would help us discover the Bureaucrat of the Year and also the Super cop of the Year in each of our major states. Besides, New Delhi's 'Supers' which will happen in December 2007.Every month we will be looking for a Super Boss and Super Cop of the Year in a particular state. We request all those
who are interested in our WHISPERS and visit us frequently to send us the names
of such individual officers whom they consider as a Super Bureaucrat and a Super
Cop in their state. We are putting forth no yardsticks. You judge entirely on
your own. The nominations will rest entirely and exclusively on your wisdom. Just
E-Mail the name of Super Boss and Super Cop of your state. This flow of nominations
will end on the last day of the month. And Uttar Pradesh is the first state, we are beginning
with. Arguably the most appropriate state to discover the undiscoverable or to
name the perennially nameless. There is no territorial bar. You can nominate even
for an incumbent outside your state. You can be brief or elaborate. As you choose.
You don't even have to disclose your identity. We will trust you. Empanelment of 1973 batch IPS Bharat Bhushan to join GoI K
P Jain empanelled ! Anoop Srivastava is
now JS Police Modernisation Dr
Venu is Secretary and MD Kerala Tourism Where
is the official order of ONGC CMD ? Sanjeev Kumar is JS Defence BJP
in Rajasthan to face exile for 10 years ! Three
vacancies in CBDT Mathur is new DGP of
Assam Mashelkar leaves CSIR Why
did Prakash not join ? Juneja to be promoted today Nambiar
appointed in UN Hariday Narain is IT Ombudsman 1981 batch
IAS promoted in UP IPS changes in Chhattisgarh 1991
batch IAS is PS in UP Lt Gen Panag takes over FORUM Sunil Is IAS really the premier
service ? Palani T Your site is like a boxing ring P C Tripathi Aaj Ki Aawaz Justice should be swift in the Noida murders case, Bharat
Kumar ITDC heading for 100 cr loss ! Menon is Chairman of KSINC Bose is Chairman of WB Pollution Control Board |
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Suresh Mehrotra has his lips sealed, if you have any whispers then send it to
us |
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