Showing posts with label market. Show all posts
Showing posts with label market. Show all posts

Saturday, October 28, 2017

The Air We Breathe





Over the past one week, I have been analyzing the market for air purifiers in the NCR Delhi region. It is just the right time of the year for an assignment like this - the quality of air here takes a nosedive with the onset of winter.

Today the reports of suspended particulate matter - especially PM 2.5 - were particularly alarming. It peaked at over 715 mg/m3 when the prescribed limit is below 60 mg/m3!

Just before the festival of lights, Diwali, farmers in Northern India harvest their summer crops and prepare their fields for the winter sowing season. Since it is too expensive to physically remove the post harvest residue from the fields they just burn it.  A huge cloud of smoke then slowly drifts over Delhi and settles down with all the smoke from Diwali firecrackers, turning the national capital into a gas chamber.

This year, a one-off intervention by the Supreme Court resulted in a ban on the sale of firecrackers, so there was a marginal reduction in the smog and haze, but it still left most of us teary eyed, and with a niggling irritation in the throat.

Pollution is not bad news for everybody. There has been a spike in the number of companies selling air purifiers, big advertisements in the newspapers point to the fact that 15 odd companies are all set to make hay while the sun shines dimly through the smog.

According to the Philips salesman at GIP Mall in Noida, air purifiers have been flying off the shelves as Diwali gifts. The company is barely able to keep pace with the demand. From what one could see, in their enthusiasm to sell, their glib sales pitch is also barely in touch with scientific facts.

"We human being consume about four kilograms of food everyday", said the Philips salesman, "But do we know that we also breathe in about 24 kgs of air, with all the pollutants in Delhi?" I did not know that. Having been under the impression that the volume of air is measured in liters or cubic feet or cubic meters, I have been trying to figure out the actual volume of air consumed by us everyday.

The World Health Organisation and US-EPA has some clear figures on this. Considering the fact that the air contains 20-23% of oxygen, and that an average human being breathes in about 0.5 liters of air with each inhalation. At about 20 inhalations per minute, we are consuming no less than 6-8 liters of air while we are sitting around doing nothing. This jumps up to 60 liters/minute while running at 5 miles/hour. So it turns out that we are breathing in no less than 14,400 liters of air every day (0.5 * 20 * 60 * 24). This volume would take up all the space in a room measuring about 500 cubic feet!

The Philips salesman might have been talking through his hat, but there is no denying the fact that most of us are unaware of the sheer volume of contaminated air entering our lungs every day!

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LINKS and REFERENCES

*  WHO  Factsheet - Ambient air quality and health - http://www.who.int/mediacentre/factsheets/fs313/en/

* USA - California Env Protection Agency research - https://www.arb.ca.gov/research/resnotes/notes/94-11.htm

* YouTube video - How much oxygen does a person consume/day? - https://www.youtube.com/watch?v=t-QYVKYKyfg

* https://www.quora.com/How-much-volume-do-we-inhale-and-exhale-in-a-day

* Oxygen intake - https://health.howstuffworks.com/human-body/systems/respiratory/question98.htm



Sunday, July 31, 2016

Textiles and Terror



Last month a terror strike at the Holey Artisan Cafe in Dhaka, Bangladesh, left 21 people dead, along with two police officers and four terrorists. Among them were nine Italians, seven Japanese, one Indian, three Bangladeshi's and one US citizen.

More than half the number of victims were closely linked to an industry that is critical to the country's economy: Textiles.

What has been the impact of this terror attack on Bangladesh's textile sector?

The textile sector constitutes around 80% of Bangladesh’s total exports providing direct employment to 4 million people. This $19 billion-a-year, export-oriented ready-made garment (RMG) industry accounted for 45% of all industrial employment in the country, and yet, only contributed 5% of the Bangladesh's total national income.

Over the past few years, Bangladesh had surpassed India in the export of RMGs - thanks to cheaper labour, better support from the government and a favourable global trade-quota system. In India around 12 percent of exports are from the textile sector and it employs more than 38 million people. Since there are nearly 10x more people in India dependant on the textile sector any change in trends was bound to have a cross-border impact.

This point hit home when I ran into a neighbour who works with an RMG export firm. He was unusually upbeat. "Things are now looking up", he said, grinning happily, "Our industry is not getting the attention it deserves!" INR 6,000 had been allocated in the latest Budget for financial incentives, along with a move towards flexible labour laws. "Now, with the Europeans and Americans getting wary about Bangladesh, we sure to bounce back!"

It seems the global textile-RMG market is not very different from the local subzi-mandi's (vegetable markets). Frequent meetings and the perception of safety, and the assurance of having a glass of chai in peace and quiet, are all confidence builders for both buyers and sellers...

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LINKS & REFERENCES

- Dhaka - The Attack Victims (CNN - 6 July 2016) - http://edition.cnn.com/2016/07/02/asia/bangladesh-dhaka-attack-victims/
- http://www.iipnetwork.org/CaseStudy_Compendium.pdf2

- ET, 23 Jun., 2016) - http://economictimes.indiatimes.com/news/economy/finance/cabinet-clears-rs-6000crore-package-for-textile-sector/articleshow/52876601.cms

- (IBT 23 June 2016) - http://www.ibtimes.co.in/cotton-production-holds-key-textile-policys-multi-billion-dollar-export-push-684011#6FoGIRr5mbh5L9mf.97