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Industry
sources have told indiantelevision.com that Disney has already
identified 900 acres of land in Gurgaon, located on the outskirts
of Delhi in the state of Haryana, on which will be located the third
Disney theme park to come to Asia after Tokyo and Hong Kong. Disneyland
is expected to open to the public in 2010.
To give some idea of the sheer size of the theme parks business
in Disney's scheme of things: Tokyo Disneyland is the best-attended
theme park in the world and also includes the Tokyo DisneySea theme
park and Disney hotels; Disney's Hong Kong park is due to open in
2005 and will cost around $3 billion and Disney expects that the
Hong Kong park will attract 5.6 million visitors in its first year
of operation alone.
But before all that happens in India, it is the channels that will
take up all Jain's time and efforts. Disney's size and reputation
notwithstanding, it is going to be a tough haul for The Little Big
Mouse in India to overhaul a well entrenched Cartoon Network, what
with Nickelodeon trying to get its act together and UTV's kiddy
channel, Hungama, set to launch on the Star platform.
A tougher call will be to get the entertainment channel up and
running against the likes of Star Plus, Sony and Zee TV (and who
knows how many more new players?).
THE OFFICIAL LINE FROM DISNEY
Many in the industry would be eating their hearts out, but the
Disney statement makes it all official with effect from 1 August,
the date when Jain will take over his new assignment.
The official statement quoted Walt Disney International president
Andy Bird as saying, "The Indian marketplace is developing
quickly and represents strong growth opportunities for all of our
businesses as Indian consumers have a strong affinity for the Disney
brand. In an increasingly competitive and diversified marketplace,
Jain's outstanding abilities, which he has successfully demonstrated
over the years in the Indian industry, will be a significant asset."
According to Walt Disney Television International (Asia-Pacific)
executive vice-president and MD Doug Miller, "Rajat is an outstanding
and innovative executive who constantly finds new ways to grow successful
businesses by providing great services and value to consumers. We
believe, he is the right person to oversee Disney's continued growth
in India as we strive to become one of India's leading providers
of high quality family entertainment."
Jain will report to Miller in both roles.
Prior to SET India, Jain has also worked at organizations like
Telstra International in the telecom sector, as well as Benckiser
India and Hindustan Lever in FMCG sector through his total of 17
years of working experience.
Jain received a Bachelor of Technology degree in electrical engineering
from the Indian Institute of Technology (IIT), Delhi and a post-graduate
degree in business management from the premier Indian Institute
of Management (IIM), Ahmedabad.
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