10.08.2017 Views

The sharing economy

New opportunities, new questions Global Investor, 02/2015 Credit Suisse

New opportunities, new questions
Global Investor, 02/2015
Credit Suisse

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

GLOBAL INVESTOR 2.15 — 11<br />

Amul<br />

cooperative<br />

Photos: Page 8/9: bpk / Otto Haeckel, Thomas Wakeman / <strong>The</strong> People’s History Museum, Manchester / Bridgeman Images, Yaacov Ben Dov​, <strong>The</strong> Israel Museum, Jerusalem, Israel / Bridgeman Images, INTERFOTO / Granger, NYC<br />

Page 10/11: Archivio SECAB Società Cooperativa, Fondazione Memorie Cooperative, Keith Lewis Archive / Alamy Stock Photo, David Falconer / National Archives<br />

Ride<strong>sharing</strong><br />

1946<br />

UNITED<br />

STATES<br />

During World War II,<br />

the US government<br />

encouraged ride <strong>sharing</strong><br />

to conserve resources<br />

for the war effort. In July<br />

1941, the Office of the<br />

Petroleum Coordinator,<br />

established by Roosevelt,<br />

launched a petroleum<br />

and rubber conservation<br />

campaign asking<br />

drivers to use 30%<br />

less gasoline by various<br />

measures that included<br />

<strong>sharing</strong> rides. This initial<br />

effort had little impact.<br />

<strong>The</strong> petroleum industry<br />

then formed a products<br />

conservation committee<br />

that relaunched the<br />

ride-share initiative<br />

through widespread use<br />

of media such as posters.<br />

While the ini tiative’s<br />

success proved hard to<br />

measure, the posters<br />

were widely recognized.<br />

1946<br />

INDIA<br />

Around the time of<br />

Indian independence in<br />

the mid-1900s, small<br />

rural farmers relied on<br />

middlemen to get their<br />

milk to market. <strong>The</strong><br />

farmers were frequently<br />

exploited by both the<br />

middlemen and larger<br />

milk contractors, which<br />

set milk prices arbitrarily.<br />

In 1946, in the small<br />

town of Anand, in the<br />

state of Gujarat, farmers<br />

approached independence<br />

leader Sardar<br />

Patel for advice. He<br />

suggested that they<br />

bypass the middlemen<br />

by forming their own cooperative<br />

and supplying<br />

milk directly to the<br />

government-run Bombay<br />

Milk Scheme themselves.<br />

After striking to<br />

show their determination,<br />

the farmers set<br />

up the Kaira District Cooperative<br />

Milk producers<br />

Union Ltd., which at<br />

the time consisted of<br />

two village dairy cooperative<br />

societies and 247<br />

liters of milk. <strong>The</strong> cooperative<br />

societies proliferated<br />

and gave rise to<br />

a three-tiered structure<br />

comprising dairy cooperative<br />

societies at the<br />

village level, a milk union<br />

at the district level and a<br />

federation of member<br />

unions at the state level.<br />

In 1957, sensitive to<br />

the importance of branding,<br />

social entrepreneur<br />

Verghese Kurien<br />

launched the Anand<br />

Milk Union Ltd. (Amul) to<br />

export the dairy cooperative<br />

idea to other<br />

states. Finally, in 1965<br />

the Indian government<br />

created the National<br />

Dairy Development<br />

Board to replicate the<br />

Amul model. Today, the<br />

Amul cooperative is<br />

the largest milk producer<br />

in the world and<br />

enjoys annual revenues<br />

of over USD 3 billion.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!