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New Urbanism in India

As part of our global expansion, we now have a network of trendspotters around the world who provide us with local insight as well as alerting us to the latest developments and trends in any particular region.  Naturally, they are a source of a great number of our trend manifestations that, thanks to the continued heroics of our editorial team, have now passed the 350 mark and continue to grow by about 5 per day.

Given this, I thought I’d publicise a particular observation fr0m one of our trendspotters in India:  there is a significant segment of consumers living in major urban centres that are becoming interested in the idea of (eventually) living in one of a number of planned townships that are being built away from major urban hubs.  For me, this is an interesting corollary to the continued surge in urban immigration that is playing such a part in defining the demographic landscape in emerging markets.  It is also an interesting mirror image of the evolution of our own suburbs in the middle of the last century.

One such township (still in the construction stage) is called Lavasa (a one hour drive from Pune, three hours from Mumbai), a lakeside development that claims to be based on the principles of “New Urbanism”  -  an eco-friendly approach to development that limits transport congestion in urban areas and reduces the impact on the surrounding natural environment. A more established and more up-market example (closer to Mumbai) is Aamby Valley City.

nVision Trendspotter: “Whilst most 28 year-olds wouldn’t have the financial means to invest in property at the moment, it seems like this group might be interested in moving out of the city and to a place like this in the future (when they have their own families for example)”.

If you’d like to know more about any of our manifestations or our trendspotter network (or anything else for that matter) then please feel free to let us know.  Or if you are an nVision subscriber, your account manager will be able to answer any questions you might have.

Trend manifestation: The Kingdom of Dreams

Opened to the public in September 2010, the Kingdom of Dreams in Gurgaon is a high-end, 800-seater auditorium, that relies on performance arts to showcase a blend of India’s art, culture, heritage, craft and cuisine.

The action takes place in Nautanki Mahal, a complex that has a facade designed like a palace and the ‘experience’ opens with  “Zangoora”  -  India’s first indigenous Bollywood musical. The idea behind the rest of the evening is to promote Indian culture both to tourists and Indians themselves, through authentic cuisine and live entertainment in the form of musicals, dramas, mythological shows, street dances, a mock Indian wedding, Indian art, crafts etc.

The Kingdom of Dreams represents a novel attempt to appeal to newly affluent consumers in search of new forms of excitement, knowledge and engaging experiences.

nVision subscribers can find out more about this manifestation and hundreds others by contacting their account manager.

Related trends: Leisure Society, Experience Economy, Social & Cultural Capital

Global graduates

This is one of the most startling charts I’ve seen in a while. It seems to drive home a few points that will be central to the next few years. Firstly, it is worth remembering the sheer numbers of young people in India (way more than in China, thanks to the one child policy). By 2050 there will be more graduates in India than in Europe and the US put together. Almost a third of all graduates in the world will be Indian. The beginnings of that dominance are evident now, as the chart shows.

I’ve written previously about the impact of generational change in the West. At Future Foundation, we have long noted the ‘ageless society’ alongside the ageing one. The cultural gaps between generations are waning, at least in the West. Here, the Sixties and the baby boom generation saw a massive break in cultural values from their parents’ generation that had fought the war. Ever since, subsequent cohorts have basically reproduced the behaviour patterns of the sixties generation (rebellion, liberation etc). Now we have the baby boomers approaching retirement, with many still taking drugs, being promiscuous and playing computer games (to take three random examples of supposedly youthful behaviour). Even the majority who do not do these things have a more relaxed attitude to them than previous generations. Basically, their values are not too dissimilar to those of their children, and the west has settled into a new equilibrium of values necessitated by the move to a consumer society and the economics of plenty (how this is now changing is moot for this post).

The interesting question is what happens to the generations now graduating in ‘emerging markets’. In many ways, they are like the baby boomers of their time – suddenly freed from the existential worries of their parents, with a world of opportunity available to them. Do they follow the same path as the western boomers? Or do their distinct cultural hinterlands lead them in distinctive directions? I’m presuming in favour of the latter, but this will vary enormously across different markets. Either way, it’s sure to be a central issue when thinking about long-term cultural shifts.

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