Professional Documents
Culture Documents
Weakness
Very high percentage of workforce involved in agriculture which contributes only 23% of GDP
Arround a quarter of a population below the poverty line
High unemployment rate
Stark inequality in prevailing socio economic conditions
Poor infrastructural facilities
Low productivity
Huge population leading to scarcity of resources
Low level of mechanization
Red tapism, bureaucracy
Low literacy rates
Unequal distribution of wealth
Rural-urban divide, leading to inequality in living standards
Opportunities
Scope for entry of private firms in various sectors for business
Inflow of Foreign Direct Investment is likely to increase in many sectors
Huge foreign exchange earning prospect in IT and ITES sector
Investment in R&D, engineering design
Area of biotechnology
Huge population of Indian Diaspora in foreign countries (NRIs)
Area of Infrastructure
Huge domestic market: Opportunity for MNCs for sales
Huge matural gas deposits found in India, natural gas as a fuel has tremendous opportunities
Vast forest area and diverse wildlife
Huge agricultural resources, fishing, plantation crops, livestock
Threats
Global economy recession/slowdown
High fiscal deficit
Threat of government intervention in some states
Volatility in crude oil prices across the world
Growing Import bill
Population explosion, rate of growth of pobulation still high
Agriculture excessively dependent on monsoons
INDUSTRY-GOVERNMENT -INSTITUTION
STRENGTHS
• Highly educated , skilled ,young, capable & dynamic human resources
• English speaking & analytical students
• World class business-social-spiritual –political leader, Professor, scientist, Manager-
Doctor-Engineer-Civil servants etc
• Very rich in Natural & Living resources
• Biodiversity & Traditional knowledge base
• Diversity vs. Ideas-Innovation-Integration
• Powerful spiritual strength (yoga-Ayurvada-Healing-therapy services)
• Geographical location (whole markets are shifting toward Asian nations)
• India Strategic position at various platforms
• Big democracy, Big market & free media
• Range of emerging professional champions
• IT & Software superpower
WEAKNESSES:
OPPORTUNITIES
• Big potential market in education Sector & emerging new market Segment in
services (create it)
• General Agreement of trade on Services
• Research & Development capability
• Generate intellectual property
• Resource Building capacity
• Competition- cost – Quality service
Key:
India has lots of weakness but this is a space of thinking (new Ideas or new perceptions),
understand it as a space of opportunities and transform into strength.