31 July, 2026

MAA: systemic failure vs. bureaucratic apathy

I happened to travel from Chennai on a work trip recently and was aghast to see literally no passengers at most of the retail outlets at the domestic terminal – outside and inside the security areas. Not even at the food outlets.

This was the airport which refused to get modernised in 2004 when the Congress Government, led by Late Manmohan Singh passed a bill to privatise airport operations in India.


Kolkata and Chennai airport staff  of AAI resisted vehemently for months together and won the battle for themselves, cheering and encouraging each other. Little did they know how they will fare in the war, 2 decades later. 



Airport operations at Mumbai and Delhi were handed over to the GVK Group and the GMR Group for redevelopment (Brownfield Airports) while swanky new facilities came up at Bangalore and Hyderabad (Greenfield facilities) led by Zurich Airport Consortium and the GMR Group, respectively.


Over the years, the top 4 airports – all managed by private operators rake in over INR 5,000 crores in Airport Retail revenues, across shopping, F&B, Lounges, hotels and hospitality, including sale of duty free products in international departures and arrivals.  


Mamta Banerjee took it on her to ensure Netaji Subhash Chandra Bose airport in Kolkata was brought up to world class standards. It was her first stint in the CM seat and she succeeded.


The state government of Tamil Nadu, back then led by Late K Karunanidhi had identified a vast tract of land in the industrial corridor of Sriperumbudur, boosting manufacturing and exports, similar to the Manesar ecosystem in NCR.



When J Jayalalitha returned to power in 2014, she turned this down and instead her government identified a suitable land in the deep south of Chennai, beyond Chengelpet. She assured metro rail connectivity, as the facility was over 70 kms from the city centre.


Later, when MK Stalin took charge in 2021, his cabinet approved Parandur, north-west of Sriperumbudur as the suitable facility keeping in mind the proximity to the industrial cluster of Sricity in neighbouring Andhra Pradesh. 


It was at this location, where the present Chief Minister C Joseph Vijay began his election campaign in 2025, assuring farmers that their agricultural land shall not be compromised for air travel.


20 years since the airport revolution began in India, Chennai Airport has not just failed to have a new airport, it has lost precious cargo and passenger traffic to Bangalore and Hyderabad. 



At the moment, Chennai ranks sixth in managing passengers annually, after Delhi, Mumbai, Bangalore, Hyderabad and Kolkata in that order.


That the state has 3 other international airports at Madurai, Coimbatore and Trichy is not a consolation. 


Regular fares from Chennai to Singapore are cheaper than from Tiruchirapalli to Singapore! It is not the load factor that matters to airlines, rather it is the Revenue per Seat which they mostly focus on!


Just like me thousands of passengers, those flying over 12 times a year, post regularly on social media about the airport apathy. Hundreds of them tag the handles of agencies of the union government. While IRCTC takes swift action if the a/c is not cooling enough of if the rest rooms are looking dirty, AAI is in a different league altogether.


Tenders for shops were given in 2019 to an operator with ZERO experience in the field of Airport Retail – like many PSUs, AAI also relies on H1 or L1 bidders for revenue and expenses – the highest or the lowest – quality and experience are not so important. 


The present operator, who took over from the previous one is doing a great job in the maintaining the looks of the stores; but the operator does not run the business itself – so the shops add to the decorative element of the airport.


Passengers pass by the shops; but do not remember their names! Ask a regular shopper if they have seen a particular store and the answer is mostly in the negative. Kind live babus.


23 July, 2026

Bira 91 and the lesson every entrepreneur should take away

Bira 91 was once one of India’s most talked-about startup success stories. 

Founded by Ankur Jain in 2015, the brand brought a fresh, urban, craft-beer identity to a market long dominated by conventional labels. 

It looked like a perfect founder story: a distinctive product, strong consumer appeal, investor backing, and a growing presence across bars, restaurants, and retail channels.

But the latest chapter in the Bira 91 story is a sobering one. 

Jain has stepped down from the board and executive roles of B9 Beverages as on 23 July 2026, after a settlement with lenders and investors. What began as a bold brand-building journey eventually turned into a case study in how rapid growth, weak governance, and regulatory missteps can overwhelm even a celebrated consumer brand.

The early years were all about momentum. Bira 91 tapped into a young, aspirational audience and made craft beer feel cool, modern, and accessible. 

The brand’s design language, product positioning, and retail visibility helped it stand out in a crowded market. For a while, it seemed to have cracked the code on how to build a premium beverage brand in India.

However, success also brought pressure. 

Expansion demands, high operating costs, cash burn, and a complex regulatory environment began to expose the cracks. In a heavily regulated sector like alcohol, compliance is not a side issue. 

It is the business itself. Any structural or legal change, if handled poorly, can trigger serious disruption across production, distribution, and sales.

That appears to be one of the biggest lessons from Bira 91. 

A business can have strong branding, enthusiastic investors, and consumer love, but still falter if its back-end systems are not built for scale. When cash flow tightens, salaries get delayed, employees lose confidence, and vendors start stepping back, the damage spreads quickly. 

The brand story may still shine on the outside, but the operating model begins to break down inside.

For entrepreneurs, the Bira 91 episode is especially relevant because it shows the difference between growth and durability. Growth gets attention. 

Durability keeps the business alive. Founders often focus on market excitement, funding rounds, and expansion milestones. But the real test comes in discipline: governance, compliance, working capital, and execution.


There is also a people lesson here. 

Companies do not scale on branding alone. They scale on trust. When employees, lenders, and partners begin to question leadership stability, even a strong consumer brand can lose momentum fast. 

That is why transparency and internal discipline matter as much as product innovation.

Bira 91’s story is not just about a founder’s exit. 

It is about the hard truth that many entrepreneurs learn too late: a great idea can win the market, but only a well-run company can survive it. For retail and consumer businesses, that is the real takeaway. 

Build the brand, yes. But build the system stronger.

21 July, 2026

Of Jeans, Joy and the Ghost of 501

It was one of those rare Chennai evenings — overcast, a hint of breeze, and a rare window in the calendar that allowed me to do something I genuinely love: walk into a store without a business agenda.

The Levi's store at Alwarpet was hard to miss. 

The EOSS signage was doing its job well — bold, beckoning, and promising that most magical of retail words: discount. I walked in, mildly curious, moderately optimistic.

And for a few minutes, I was genuinely delighted.

The bottoms section was a revelation. 

Buy 1 Get 1. Buy 2 Get 2. On jeans! From Levi's! In Chennai! Wow!

I have spent enough years on the shop floor to know that this kind of offer — on a brand that guards its price integrity like a fortress — doesn't come often. 

I quietly congratulated the brand for making the consumer feel genuinely valued. 

Then I asked for a 511. Or a 512. Or a 513 — slim fits, straight fits, the workhorses of the Levi's range. 

The staff member, sincere and well-meaning, began the search. It was the kind of search that took longer than it should have. Sizes were elusive. Variants were missing. After a fair bit of rummaging, what was found was a compromise at best. 

I smiled and moved on. Then came the question I already half-knew the answer to.

"Is the 501 — the button-fly, the original, the one that started it all — part of the EOSS offer?"

"Yes sir, it is."

"May I see it?"

A pause. More searching. A quiet, slightly apologetic reply: "Sorry sir, we do not have stock of size 34x32 or 34x34."

No stock.

Let me sit with that for a moment.

We are talking about the Levi's 501 — arguably the most iconic piece of clothing in the history of modern retail. A product that has been in continuous production since 1873. 

A style that doesn't need a trend cycle to justify itself. And here, at one of the more premium high streets of Chennai — right behind Boat Club Road, where the city's old money lives — it is on offer but unavailable.

Now, I won't be unkind. 

I have been in retail long enough to know that things are rarely as simple as they appear from the outside. EOSS runs hard. Inventory gets depleted fast. The supply chain between the brand, the franchise partner, and the store has its own rhythm and its own fault lines.

But here is the question worth asking, gently and professionally: whose watch did this fall through?

Is it a systemic gap in assortment planning — where the range was built for a different consumer profile and the 501 was simply never adequately stocked? 

Is the franchise partner operating on autopilot, reordering what sold last season without studying what the consumer at this location is actually asking for? 

Or did the Area Manager, during his last visit, not flag the absence of the hero product during the brand's biggest sales event of the year?

Any one of these, or all three together, is a merchandising failure. Not a catastrophic one. But a telling one.

Back in the day, I had deployed the assortment solution for Indian Terrain during Q2 & Q3 FY 23 — a brand I have had the privilege of working closely with, and one that has built a fiercely loyal following among the Indian male consumer — this precise gap was something we encountered and addressed head-on. 

The Brooklyn fit trousers, Indian Terrain's most versatile and consistently fast-moving bottom, along with Chinese collar shirts, Linen shirts of various colours, among other SKUs are the kind of styles and fabrics that a consumer walks in asking for by name — in his size, in his preferred wash, without negotiation. 

Ensuring that the Brooklyn — the fit that anchors the brand's bottomswear identity — was present in full size depth, across washes, at every door before a major festival season and / or the EOSS was treated as non-negotiable. 

Years later, I created the KAVACCH™ framework for brands which maps the alignment between consumer demand patterns and in-store assortment readiness — particularly ahead of high-velocity sale periods, when footfalls spike but the consumer's patience for "not available" is at its absolute lowest.

A consumer who walks in for that fit and leaves empty-handed does not just represent a lost transaction. He represents a quiet, invisible crack in the brand promise.

Levi's is a great brand. The store team at Alwarpet was warm and helpful. The EOSS offer was genuinely attractive.

But the 501 deserved to be on that shelf. It still does.

Footnote: My love affair with Levis is 32 years old.

Back in the year 1998, I got my first Levis. It was a 501. I had earned it, rather. I used to work as a waiter at the Baskin Robbins store in Chennai part time from 11am to 3pm, before attending college at 4pm, to scoop ice-cream and had paid it all by myself, around INR 650 or so from the exclusive store at Spencers Plaza.

Btw, for the last 3 decades and more, I have never worn any other denims other than Levis. I swear! Not just for the fits, but for the sheer pleasure of wearing it.

Apple iPhone Day One: Ritual, Rage and EMI

On 18 September.2026, the iPhone 18 was launched world over in multiple variants and colours. In select global markets, Apple’s first foldab...