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Honda CB350 vs RE Classic 350 vs Jawa Classic – the battle of the mid-range retro segment

<ul><li><keyword id="14143584" type="General" weightage="20" keywordseo="jawa-yezdi-motorcycles" source="Orion">Jawa Yezdi Motorcycles</keyword> has launched the <keyword id="18688923" type="General" weightage="100" keywordseo="jawa-42-bobber-black-mirror" source="Orion">Jawa 42 Bobber Black Mirror</keyword> in India.</li><li>The Jawa 42 Bobber Black Mirror has been launched with a price tag of ₹2.25 lakh.</li><li>The Jawa 42 Bobber Black Mirror comes with a refined engine and a revamped design.</li></ul> Jawa Yezdi Motorcycles on Thursday announced the launch of the new Jawa 42 Bobber Black Mirror in India. The Jawa 42 Bobber is the latest addition to the company’s Bobber line-up and has been placed at the top of the range. A Bobber is a motorcycle that has all its non-essential parts like the front-fender removed. Generally, these bikes are given a shortened rear fender and a lowered stance. The Jawa 42 Bobber Black Mirror is part of the company’s ‘Factory Custom’ lineup. In addition to cosmetic changes from the standard variant, the Black Mirror edition also comes with a refined engine. “The kind of love we received for the 42 Bobber made us push our boundaries in design and engineering to deliver the all new Jawa 42 Bobber Black Mirror. Bobbers embody the essence of individuality and distinctiveness; they are an emotional purchase, and the new Jawa 42 Bobber Black Mirror is a fine example of why Bobbers are so special,” said Ashish Singh Joshi, chief executive officer, Jawa Yezdi Motorcycles <cmsannotation type="cmsannotation" annotationid="Jawa 42 Bobber Black Mirror price and availability" comment="subhead" text="Jawa 42 Bobber Black Mirror price and availability">Jawa 42 Bobber Black Mirror price and availability</cmsannotation> The Jawa 42 Bobber Black Mirror comes with an ex-showroom price of ₹2.25 lakh. The company has started accepting bookings for the bike at its Jawa Yezdi dealerships. <cmsannotation type="cmsannotation" annotationid="Jawa 42 Bobber Black Mirror features" comment="subhead" text="Jawa 42 Bobber Black Mirror features">Jawa 42 Bobber Black Mirror features</cmsannotation> The Jawa 42 Bobber Black Mirror features a chrome fuel tank that gives the bike a richer look. The company has also redesigned the gear and engine covers of the bike and the side panel spells out “42 Bobber”. The Jawa 42 Bobber Black Mirror also gets alloy wheels, something which was missing from the standard Bobber. The alloy wheels are offered in a dual-tone design and come with tubeless tyres. The Jawa 42 Bobber Black Mirror is equipped with a 334cc liquid-cooled single-cylinder engine. It is capable of delivering a maximum power output of 29.49 bhp and 32.7Nm of peak torque. The engine is mated with a 6-speed transmission, enhanced with an Assist &amp; Slipper Clutch. The company has also reduced the idling RPM from 1,500 to 1,350. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/royal-enfield-launches-2023-bullet-350-with-a-new-engine-starting-at-1-74-lakh/articleshow/103287993.cms">Royal Enfield’s Bullet 350 rides in a new avatar with a legacy essence</a> <a href="https://www.businessinsider.in/tech/mobile/news/honor-90-with-200mp-camera-to-launch-in-india-on-september-14-all-we-know-so-far/articleshow/103460464.cms">Honor 90 with 200MP camera to launch in India on September 14 – All we know so far</a> <a href="https://www.businessinsider.in/tech/gadgets/news/apple-watch-ultra-2-to-launch-on-september-12-expectations-rumours-and-all-you-need-to-know/articleshow/103438121.cms">Apple Watch Ultra 2 to launch on September 12 – expectations, rumours and all you need to know</a>

Jawa 42 Bobber Black Mirror with revamped design launched at ₹2.25 lakh in India

<ul><li>Eicher has underperformed the Nifty Auto Index by 24% this period, while <keyword id="6359783" type="General" weightage="90" keywordseo="bajaj-auto" source="Orion">Bajaj Auto</keyword> shares are up 10%.</li><li>Competition has gone up in the mid-premium segment with the entry of <keyword id="52525" type="General" weightage="60" keywordseo="triumph" source="Orion">Triumph</keyword> and <keyword id="6357453" type="General" weightage="60" keywordseo="harley-davidson" source="Orion">Harley Davidson</keyword>.</li><li>Analysts divided on this face-off, as some bat for Bajaj while others stick with <keyword id="80296" type="General" weightage="90" keywordseo="eicher-motors" source="Orion">Eicher Motors</keyword>.</li></ul> Stock prices are a good indicator of all that’s likely to happen to a company in future and not just in the present. The diverging stock prices of two motorcycle majors – Bajaj Auto and Eicher Motors – are telling an interesting story. Over the last one month Bajaj Auto’s stock has rallied 10% while that of Eicher has risen by 3.3%, which is a modest increase in comparison. And the Nifty Auto Index has rallied by 5.2% in the same time. So what’s happening to makers of two-wheelers in India? Competition is on the rise in the mid-premium segment, where Eicher has been a leader so far with its iconic Royal Enfield offerings. Bajaj Auto has launched the Triumph Speed 400 which provides 39.5 bhp of power with a 398-cc engine. Bajaj Auto stock has gotten a power boost due to the positive reviews the Triumph Speed 400 has received. Compared to the Harley or RE’s <keyword id="6426894" type="General" weightage="60" keywordseo="himalayan" source="Orion">Himalayan</keyword> and 350-cc offerings, the bike offers higher power. Another two-wheeler major – Hero MotoCorp in collaboration with Harley Davidson – has launched the new X440 which provides 27 bhp power with a 440-cc engine. Both the bikes have received approximately 20-26K bookings since launch in early-July. Moreover, the Yezdi Adventure and the <keyword id="220906" type="General" weightage="50" keywordseo="jawa" source="Orion">Jawa</keyword> 42 Bobber have also added to the competition. Competition in the mid-premium range of bikes in India is growing by the day and this is impacting stock prices too. Jeffries, research house, points out that the Eicher, although up 5% in 2023, has underperformed the Nifty Auto Index by 24% in this period. The report adds that it is time to “buy” it as it sees limited impact from competition launching new bikes in the past month and a half. Like economists, analysts rarely agree on likely winners. While Jefferies has retained its faith in Eicher, BofA Securities has upgraded Bajaj Auto to a ‘Buy’ saying that FY25 looks promising for the company with new Triumph launches on the same platform lined up. “The product (Speed 400cc) clearly seems to be making a mark in large metro cities-design, specs &amp; price stand out.. Scrambler 400cc launch in a few weeks and export markets expansion will be added catalysts and drive volumes. Our workings suggests that Triumph could add Rs 150-250/ share value to valuations (base to bull case).” <cmsannotation type="cmsannotation" annotationid="Why eicher underperformance may be temporary" text="Why this may be temporary for Royal Enfield?">Why this may be temporary for Royal Enfield?</cmsannotation> Royal Enfield has sold 69K bikes per month in Apr-Aug in India and has interesting launches lined up in the near future to plug the gap in the ~400-cc power battle. Firstly, it has the <a href="https://www.businessinsider.in/business/auto/news/why-the-motorcycling-world-is-kicked-about-himalayan-450-which-will-launch-in-november-2023/articleshow/103795276.cms">new Himalayan launch</a> lined up – an adventure tourer which is expected to give 40 bhp of power, in-line with the new Triumph and the segment favourite, KTM 390. Channel checks also suggest that RE has not seen any significant impact so far, even in cities where Harley and Triumph bikes are available. “We factor RE total volumes (domestic + exports) of 76K/85K/95K in FY24E/FY25E/FY26E,” argues the Jeffries report. It adds, “We retain Buy on EIM with revised PT of Rs 4,150 (earlier Rs4,000), valuing RE at 25x FY25E PE (earlier 24x).” A wider portfolio to bank on Royal Enfield has a much wider portfolio than its competition in the premium biking segment. This offers buyers options at multiple price points to enter the segment – all the way from 350-cc to 650-cc. A new 650-cc bike, most likely to be called Shotgun 650, has also been spotted being road tested. Moreover, after the Himalayan 450, the market would expect RE to also upgrade its Scam 411 with the same engine. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Current Offering </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Triumph </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Speed 400 </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Jawa </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #000000 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">42 Bomber, Standard, Perak 350 cc </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Harley Davidson </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">X440 </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">RE (350 cc) </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #000000 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Hunter, Classic Bullet, Meteor </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">RE (650 cc) </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #000000 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Continental GT, Interceptor, Super Meteor </td></tr><tr><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #cccccc 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">RE (400 cc) </td><td style="border-left:solid #cccccc 0.50000025pt;border-right:solid #000000 0.50000025pt;border-bottom:solid #cccccc 0.50000025pt;border-top:solid #cccccc 0.50000025pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Himalayan, Scram </td></tr></tbody><tbody></tbody><tbody></tbody></table> A report by Axis Securities, after RE delivered its first quarter results, says that, “While the acceptance of the competitive products could pose a threat to RE, the &gt;250cc segment itself could grow, thereby partially reducing the competitive intensity. Furthermore, the company has multiple products in the pipeline.” It too maintains a ‘Buy’ rating with a target price of Rs 3,800/share (From Rs 3,900/share). The next few launches in the mid-premium to premium segment will be eagerly awaited by the market and biking enthusiasts alike. The rising competition should offer more choice to the Indian consumer while the market will like to see which bike maker vrooms ahead.

Game Of Thrones: Bajaj Auto and Eicher Motors headed for face-off in mid-premium bike segment

<ul><li><keyword id="2582336" type="General" weightage="50" keywordseo="rohit-jawa" source="Orion">Rohit Jawa</keyword> would take over the leadership role for a term of five consecutive years with effect from June 27, 2023.</li><li>Jawa will join the <keyword id="44863" type="General" weightage="100" keywordseo="hul" source="Orion">HUL</keyword> board as a whole-time director from April 1, 2023.</li><li>Besides the Indian market, he will also take over as President of <keyword id="45009" type="General" weightage="80" keywordseo="unilever" source="Orion">Unilever</keyword> South Asia. </li></ul> FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director &amp; Chief Executive Officer to succeed <keyword id="169120" type="General" weightage="50" keywordseo="sanjiv-mehta" source="Orion">Sanjiv Mehta</keyword> who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD &amp; CEO will be subject to the approval of Shareholders and other statutory approvals as may be applicable," it added. Jawa will join the HUL board as a whole-time director from April 1, 2023. Besides the Indian market, he will also take over as President of Unilever South Asia. He will join the Unilever Leadership Executive (ULE) effective April 1, 2023. After a transformational tenure of 10 years at the helm of HUL, Sanjiv Mehta will retire from the company. Jawa is currently the Chief of Transformation for Unilever in London where since January 2022, he has successfully orchestrated the once-in-a-decade, end-to-end transformation of Unilever. He started his career with HUL as a management trainee in 1988 and has a proven track record of sustained business results across - India, South East Asia, and North Asia. As EVP for North Asia &amp; Chairman for Unilever China, he led a significant transformation of Unilever China into a competitive, profitable, and consistent business, now Unilever's third biggest globally, the statement said. Further, as the Chairman of Unilever Philippines, he led the business to become one of the top 10 markets for Unilever globally. Rohit's ability to integrate the strength of traditional markets with digital technologies and future-fit business models positions him well to take HUL into its next growth phase. Commenting on the development HUL Chairman Nitin Pranjape said: "I am delighted to welcome Rohit back to India. He has a deep understanding of the business landscape, particularly in Asia and has led the transformation of Unilever businesses in China and in the Philippines. "I am certain that with his astute business acumen, and growth mindset Jawa will take HUL to the next level of performance." Mehta (62), had taken over as the MD &amp; CEO of HUL in October 2013 leading the business through a period of sustained growth. During his decade at the helm, the business crossed the Rs 50,000 crore turnover mark and the market capitalisation of the company increased more than four times from USD 17 billion to USD 75 billion, reinforcing HUL as one of India's most valuable businesses, the company said. He has been a proponent of long-term value creation anchored by growth, high-performance anatomy and distinctive capabilities and introduced several transformative business programmes such as 'Dial Up the Big Q' and 'Winning in Many Indias' to make the business more consumer-centric, agile, and resilient. In order to make the business more future-fit, Mehta kickstarted the 'Reimagine HUL' agenda by leveraging data, harnessing latest technologies, and designing business models to redefine how HUL engages with consumers, customers, and the way the business operates. He was also instrumental in HUL undertaking several strategic mergers and acquisitions, including the amalgamation of GSK Consumer Healthcare into HUL, one of the biggest mergers in the history of FMCG in the country. Besides, he actively championed the diversity agenda making HUL an even more inclusive organisation, the company said. Paranjpe said Mehta has been an integral part of the Unilever Leadership Executive and has driven the South Asia growth agenda as the president of the market cluster. Hindustan Unilever Led (HUL) is India's largest Fast-Moving Consumer Goods company, For the financial year ended on March 31, 2022, HUL which owns power brands such as Rin, <keyword id="270001" type="General" weightage="50" keywordseo="surf-excel" source="Orion">Surf Excel</keyword>, Dove etc has a revenue of Rs 51,193 crore. Mehta also served as the President of the industry body FICCI. Besides, the HUL board also announced the appointment of Ranjay Gulati as an Independent Director of the company for a term of five consecutive years with effect from 1st April 2023. Gulati comes with a rich understanding of Business Strategy and is presently a Professor at Harvard Business School, said an HUL statement. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/tata-technologies-files-drhp-with-sebi-all-you-need-to-know-about-this-tata-motors-subsidiary/articleshow/98539244.cms">Tata Technologies files DRHP with SEBI: All you need to know about this Tata Motors subsidiary</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/demand-for-call-center-remote-customer-service-jobs-see-sharp-uptick-since-pre-pandemic-indeed/articleshow/98543190.cms">Demand for call center, remote customer service jobs see sharp uptick since pre-pandemic: Indeed</a>

Hindustan Unilever appoints Rohit Jawa as new MD & CEO; Sanjiv Mehta to retire

<ul><li>FMCG giant HUL’s shares reported a decline of over 6% on Thursday.</li><li>This comes a day after the company reported a 2.33% decline in consolidated net profit in Q2.</li><li>The stock tanked 6.59% to ₹2,483.95 on the NSE.</li></ul>Shares of FMCG major <keyword id="20002610" type="General" weightage="20" keywordseo="Hindustan-Unilever" source="keywords">Hindustan Unilever</keyword> Ltd (HUL) on Thursday tumbled over 6% after the firm reported a 2.33% decline in consolidated net profit for the second quarter ended in September. The stock tanked 6.59% to ₹2,483.95 on the NSE. The stock emerged as the biggest laggard among the Sensex and Nifty firms during the morning trade. Hindustan Unilever Ltd on Wednesday reported a 2.33% decline in consolidated net profit at ₹2,595 crore for the second quarter ended in September 2024, impacted by moderation in demand from the urban market. The company had logged a net profit of ₹2,657 crore in the July-September quarter a year ago, HUL said in a regulatory filing. However, revenue from product sales was up 2.36% at ₹15,703 crore in the September quarter, from ₹15,340 crore in the year-ago period, HUL which owns power brands such as Surf, Rin, Lux, Pond's, Lifebuoy, Lakme, Brooke Bond, Lipton and Horlicks said. "In the September quarter, <keyword id="21419477" type="General" weightage="20" keywordseo="FMCG-demand" source="keywords">FMCG demand</keyword> witnessed moderating growth in urban markets, while rural continued to recover gradually. In this context, we delivered a competitive and profitable performance," HUL CEO and Managing Director Rohit Jawa said. HUL reported an underlying sales growth of 2% and underlying volume growth of 3%. Total expenses were at ₹12,581 crore in the September quarter, up 3.03% year-on-year. HUL's total income, which includes other income, was up 2.14% to ₹16,145 crore in the September quarter of FY25. Addressing an earnings call, HUL CFO Ritesh Tiwari said, "Two thirds of our business we do in urban areas, and one-third we do in rural areas … we are seeing growth in the urban market moderating. We are seeing rural growth recovery is gradual … it impacts all the categories that we have." On the outlook, he said, "In the near term, we expect demand trends to be stable with no further acceleration in pace of growth." In this context, Tiwari said, "Our focus remains on driving competitive volume-led growth, while continuing investments behind our brands and strategy priorities … If commodity prices remain where they are, we expect a low single digit price growth in the near-term." With inputs from PTI. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/webstories/afcons-infrastructure-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/114490954.cms">Afcons Infrastructure IPO – GMP, risk factors and all you need to know</a> <a href="https://www.businessinsider.in/tech/news/upi-refund-scam-to-digital-arrest-scam-here-are-most-common-online-scams-in-india/articleshow/114428011.cms">UPI refund to digital arrest scam, here are some online scams you need to be aware of</a> <a href="https://www.businessinsider.in/stock-market/news/waaree-energies-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/114508632.cms">Waaree Energies IPO allotment – How to check allotment, IPO GMP, listing date and more</a>

Hindustan Unilever shares tumble over 6% post Q2 results

<ul><li>Local brands are making a comeback after their pandemic lows, and are now competing with national brands in categories like detergents, noodles, masalas and more.</li><li>HUL CEO said in an earnings concall that they have seen a market share dip in certain mass categories.</li><li>The number of homes that buy over 4-5 brands of the same product are growing, says a Kantar report. </li></ul>In Karnataka, many stores now have ‘1 To 3 Noodles’ on display along with Nestle’s 2-minute Maggi, the category leader. Apart from a stellar 35% penetration in the state, this local brand is catering to local tastes with a desi twist to instant noodles that comes with more masala. Similarly, North India-based Vasant Masala is catering the specific spice needs with its Awadh Garam Masala. There are more such examples of local brands that concentrate only on specific states — that are making a headway into the retail shelf space as well as the consumer’s homes, if not hearts. “Local brands live up to the local tastes better,” K Ramamkrishan, MD South Asia of Kantar tells Business Insider India. Moreover, these brands are bringing value onto the table beyond price points by capturing the specific preferences of the states and relationships with retailers. So much so, now they’re threatening the national brands sold by FMCG behemoths. “Local brands are no more brands that have basic packaging with a brand name. They are innovating, have brand ambassadors. Today local brands are only limited by their presence not their ambition,” said Ramamkrishan. He says the speed of decision making in local brands is high, and their agility allows them to capture dynamic trends in shopping habits faster. Back from pandemic lows Kantar’s Consumer Connections 2023 report says that there has been a resurgence in local brands that had faced troubles during the pandemic. Curtailed by their inability to raise prices, over 12 brands have shut shop during the pandemic. Many more couldn’t source raw material during the high inflationary period, or bear the costs, Ramamkrishan explains. With the pandemic over, the troubles have decreased and local brands are back with a vengeance. FMCG major HUL also admitted in its recent quarterly announcement that regional brands have curtailed the price growth in the sector. Rohit Jawa, CEO of HUL said that it has seen dips in market share in the mass segment due to small and regional players. “There has been a resurgence of small and regional players in select categories due to softening commodity prices – many of whom had vacated the market during the peak of inflation,” he said in an earnings concall. Most of the local brands tend to categories that are already high in penetration such as food and beverage, detergents, spices, washing powders, hair oils etc. “For example they won't be in face washes where the penetration is low,” Ramkrishnan explains. Kantar has picked a few brands like — Reflect Dishwash in Maharashtra, Saras Detergent Bar in Gujarat, Challenge Detergent Bar in Tamil Nadu, Sastry Balms in Andhra Pradesh, Supreme51 in Madhya Pradesh as some of the single-state brands that have exhibited double or even triple digit growth in the last one year, along with extensive penetration in the state of their choice. Flirting with many brands While consumers are pivoting towards local brands, they’re not shedding their loyalty to national brands either. The complex Indian consumers are more tuned to experimenting more. Ramkrishnan calls it ‘flirting with multiple brands’. The number of shopping trips or purchase occasions for Indians are growing at a rapid pace, says Kantar. An Indian makes 152 shopping trips in a year – which breaks it down to one in every 58 hours. This also includes e-commerce shopping. It indicates that people are buying only as much as required, and household consumption levels are not back to normal in spite of signs of revival. But a few others also prefer frequent shopping for reasons like freshness, accessibility and more. More shopping trips means more experimenting. The homes that buy over eight brands of biscuits/cookies rose to 34% in 2023 from 24% in 2022. The percentage of homes that buy over three brands of washing powders and liquids came in at 47%, going up by 6% in a year. And, 43% of homes bought over six brands of soap bars in 2023, rising by over 5%. Experimenting Indians are also giving a fillip to direct-to-consumer brands that have national ambitions buoyed by PE and VC investors who are betting big on them — all indicating rising competition in the sector.

Local brands rise as Indians flirt with newbies

<ul class="summary-list"><li>Warning: There are spoilers ahead for "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-book-of-boba-fett%2F57TL7zLNu2wf" rel="nofollow sponsored">The Book of Boba Fett</a>."</li><li>Disney+'s latest "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fbrand%2Fstar-wars" rel="nofollow sponsored">Star Wars</a>" show debuted its premiere episode.</li></ul>"<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-book-of-boba-fett%2F57TL7zLNu2wf" rel="nofollow sponsored">The Book of Boba Fett</a>" debuted on Disney+ on Wednesday and it almost immediately answered a lingering question in the "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fbrand%2Fstar-wars" rel="nofollow sponsored">Star Wars</a>" saga: How did Boba Fett escape the Sarlacc pit?In 1983's "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fmovies%2Fstar-wars-return-of-the-jedi-episode-vi%2F6QGKo5mjDBS8" rel="nofollow sponsored">Star Wars: Episode VI — Return of the Jedi</a>," Fett fell screaming into the wide mouth of a Sarlacc, a massive creature nestled in the sand of Luke Skywalker's home planet of Tatooine.<div type="image" title="Boba Fett falls into the Sarlaac Pit" height="1118" width="1200" msid="88566652" hostid="261"></div>Long thought dead, fans shockingly learned on season two of "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-mandalorian%2F3jLIGMDYINqD" rel="nofollow sponsored">The Mandalorian</a>" that the bounty hunter was alive. However, no explanation was given for his miraculous escape.In a flashback at the start of "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-book-of-boba-fett%2F57TL7zLNu2wf" rel="nofollow sponsored">The Book of Boba Fett</a>," we go back in time to see just how Fett, played by Temuera Morrison, made his great escape.Honestly? The bounty hunter made it look pretty simple.Stuck in the belly of the beast, Fett awakes to find a less lucky fallen Stormtrooper nearby. Fett takes a drag from the oxygen outfitting the trooper before punching his way through the belly of the beast and lighting it up with his flamethrower gauntlet. Pretty handy.<div type="image" title="Boba Fett in the Sarlaac stomach" height="1168" width="2534" msid="88566653" hostid="261"></div>The scene then cuts to show Fett fight his way out of the sand. <div type="image" title="Boba Fett escapes Sarlaac Pit" height="1170" width="2806" msid="88566654" hostid="261"></div>Exhausted, Fett passes out, which, unfortunately, is not what you want to do on Tatooine.A group of pesky Jawa comes upon him and steals his gear before he can fight back. The scene succinctly answers why we see Fett in "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-mandalorian%2F3jLIGMDYINqD" rel="nofollow sponsored">The Mandalorian</a>" without his iconic gear. We know from that series that the Jawas eventually pawned it off to Cobb Vanth (Timothy Olyphant).Though we now have a definitive answer about Fett's survival, die-hard fans knew a few answers to the bounty hunter's survival decades ago.<a href="https://movieweb.com/boba-fett-survived-sarlacc-pit-star-wars/">According to Movieweb.com</a>, 1983's "<keyword id="11962336" type="UNKNOWN" weightage="60" keywordseo="star-wars" source="Orion">Star Wars</keyword>" issue No. 81 offered an alternate explanation for Fett's escape. The Sarlacc simply (and conveniently) spit him up.Another story, 1996's "<a href="https://starwars.fandom.com/wiki/A_Barve_Like_That:_The_Tale_of_Boba_Fett">A Barve Like That: The Tale of Boba Fett</a>" had Fett similarly wake up in the Sarlacc's stomach and trapped in his tentacles. That's somewhat similar to "<a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.disneyplus.com%2Fseries%2Fthe-book-of-boba-fett%2F57TL7zLNu2wf" rel="nofollow sponsored">The Book of Boba Fett</a>." In the book, Fett used telepathy to communicate with others in the beast's belly. Fett's jetpack explodes and the bounty hunter uses grenades to escape the Sarlacc.Neither <a href="https://www.businessinsider.com/disney-star-wars-expanded-universe-2014-4">the comic or book are considered canon</a> anymore <a href="https://www.usatoday.com/story/money/business/2012/10/30/disney-star-wars-lucasfilm/1669739/">since Disney purchased Lucasfilm in 2012</a>. It's clear that, at the least, the 1996 story offered some inspiration to the pilot.The rest of the premiere goes back and forth between the past and present.<div type="image" title="The Book of Boba Fett" height="1610" width="3840" msid="88566657" hostid="261"></div>In the present, Fett, with Fennec Shand (Ming-Na Wen) at his side, is getting settled into his new digs at Jabba the Hutt's Palace where he's now seen as the premiere crime lord of Tatooine. While most welcome Fett's rule, it doesn't seem like everyone's a fan of him taking over.In the past, we get caught up on where Fett has been all this time. He went from being stripped of his bounty gear to becoming a slave to a group of Tusken Raiders, the sand people of Tatooine. By the episode's end, Fett finally gains their trust.It seems like these two timelines will continue to play out throughout the first season and, perhaps, eventually meet up in the present.

'The Book of Boba Fett' finally answers one of 'Star Wars' fans' biggest questions

Rubik's Cube mastermind Mats Valk set a new world record over the weekend at the Jawa Timur Open in Indonesia.Valk, 20, managed to break the existing record of 4.90 seconds, <a href="http://www.businessinsider.com/14-year-old-lucas-etter-sets-new-rubics-cube-world-record-2015-11">set last year</a> by 14-year-old Lucas Etter, with a blistering time of 4.74 seconds.Valk spent more time examining the cube than he spent&#xa0;actually moving things around.Here's Valk's winning solve in action.<div><div style="position:relative;padding-bottom:57%"></div></div>The Rubik's Cube world record has fallen precipitously since the first record was set in 1982, at a glacial time of 22.95 seconds. As <a href="http://fivethirtyeight.com/features/a-14-year-old-just-solved-a-rubiks-cube-in-under-five-seconds/?ex_cid=538twitter">FiveThirtyEight reported</a>&#xa0;last year, Etter's 2015 time of 4.90 seconds put him in the lonely position of being the only sub-5.o0 time in Rubik's Cube history.Now&#xa0;Etter has some company in Valk.The method of puzzle-solving these guys compete in is known (fittingly) as "speed-cubing." They have such an intimate understanding of the algorithms that lead to a solved cube that just a quick glance at the starting position gives them all the information they need. All that stands in their way is how well they've oiled the gears of the cube itself.Other notable records from the Jawa Timur Open were Feliks Zemdegs' average time (over three solves) of a 6x6 cube <a href="https://www.youtube.com/watch?v=ZGcsk_mOWvg">at 1:37.85</a> and Kaijun Lin's <a href="https://www.worldcubeassociation.org/competitions/ShanghaiWinterisComing2016">blindfolded solve of a 3x3</a> in 18.50 seconds.Here's Valk's solve in all its glory:<div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/david-calvo-is-a-magician-2016-2">This guy can solve a Rubik's Cube in under a minute - with one hand and while juggling</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="Q3aDluMDE6AcQLno4xJ8os1UVULionT4" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

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