swot analysis of indian economy

ANUSHA K TUKE

Department of MBA, Jain College of Engineerin g.

2013SWOT ANALYSIS OF

INDIAN ECONOMY

1Dept of MBA, Jain College of Engineering.

INTRODUCTION

• India is the 10th largest economy in world in terms of GDP 3rd largest by PPP.

• Population: 1.22 billion

• Yearly increase: 18 million

• Major group: 50% - 0 – 25 years

• More than 1.53 billion people by the end of 2030.

• Average life expectancy: 68.6 years

• Economic growth rate slowed to around 5.3% for the 2012–13 fiscal year.


STRENGTH Agriculture

High percentage of cultivable land 56.78%

Huge English speaking population

Availability of skilled manpower

Extensive Higher Education

Diversified nature of the economy System

Third largest reservoir of engineers

High growth rate of economy

Rapid growth of IT and BPO sector brining valuable foreign exchange

Abundance of natural resources3Dept of MBA, Jain College of Engineering.

Weakness

Very High percentage of workforce involved in

agriculture which involves only 17.2% of GDP

Rural poverty leads horrible wave of suicides by

indebted farmers

In rural India, about 34 percent of the population

lives on less than $1.25 a day

Coal Mines Corruption – Illegal allotment and

Kick Backs

Inequality in prevailing socio economic

conditions

Poor infrastructural facilities

Huge population leading to scarcity of resources

Low literacy rate

Unequal distribution of wealth

Rural urban divide, leading to inequality of high

standards 4Dept of MBA, Jain College of Engineering.

Opportunities• Scope for entry of private firms in various

sectors for business

• Inflow of Foreign Direct Investment

• Huge foreign exchange earnings

• Area of biotechnology

• Area of Infrastructure

• Huge Domestic Market

• Huge natural gas deposits found in India,

• Huge agricultural resources, fishing, plantation crops, livestock

• Investment in R & D, engineering design

• Huge population of India in foreign countries .

• Vast forest area and diverse wildlife


THREATS

Global economy recession/slowdown

High fiscal deficit

Volatility in crude oil prices across the world

Growing Import bill -$461.4 billion

Population explosion, rate of growth of population still high

Inflation: 6.87 per cent in July of 2012

Agriculture excessively dependent on monsoons .


CONCLUSION

• Indian economy is robust in nature

• Banking & credit system have been able to survive

the down turn.

• Youth of INDIA

• Economists predict that India economy will be the

third largest by 2025 after USA & China.


REFERENCES

• http://en.wikipedia.org/wiki/Economy_of_India

• http://wiki.answers.com/Q/What_is_the_SWOT_analysis_of_Indian_economy

• http://articles.economictimes.indiatimes.com/2012-07-27/news/32889541_1_indian-economy-india-s-gdp-fy20

• Economic Environment of Business S.K Mishra & V.K Puri


http://en.wikipedia.org/wiki/Economy_of_India

http://wiki.answers.com/Q/What_is_the_SWOT_analysis_of_Indian_economy

http://wiki.answers.com/Q/What_is_the_SWOT_analysis_of_Indian_economy

http://articles.economictimes.indiatimes.com/2012-07-27/news/32889541_1_indian-economy-india-s-gdp-fy20















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