The elections are conducted at the end of the tenure of any government, so there is no political turmoil among the political parties. Social Factors The social factors of India comprise of various social trends and changes like values, festivals, languages, traditions, belief, lifestyle, demographic features and customs.
Economic Factors The economy of India has been significantly stable, since the introduction of the industrial reform policies in The country has large population and it is concentrating on its education and IT development and it is growing its business in different sectors.
The Indian government is aware of these pollution problems and they are taking necessary steps to control the air pollution and the growing number of traffic on the roads, which cause noise pollutions.
Technological Factors Technology significantly influences product development and also introduces fresh cost-cutting processes. The new technology has reduced cost, improve the quality of the products and lead to the innovation in their technology. Legal Factors Indian government has made many legal changes and introduced disability discrimination legislation and has increased the minimum wage.
In the political environment, there are various elements like ideologies of different political parties, policies of government, interest of politicians, and they take action on different issues for the betterment of the people.
Although there is religious freedom for the people of all religions, but the Hindu extremists have create violence against the followers of other religions and they take action against them from time to time.
The taxation system of the government is well developed and people pay income tax, services tax, property taxes and sale tax. The government has adopted its privatization policy to improve the efficiency and productivity of the government.
The air pollution has affected the public health and their living conditions, and it caused air pollution, planning permissions, waste disposal, environment pressure groups and noise control. It has developed online gambling, MP3 players, computer games and high definition TVs and they can also do online shopping.
Privatization is also influenced and the government encourages free business through a variety of programs. However, when it comes to environmentthe quality of air in India has been adversely affected by industrialization and urbanization, also resulting in health problems.
The country has massive natural resources of iron ore, coal, mica, titanium, manganese ore, and chromites. Political Factors The political system of the country is strong and different political parties take part in active politics.
The country has enough foreign exchange reserves and it is paying attention on education, healthcare, banking, financial sector, and residential housing. India is served with both 3G and 4G technology which has facilitated several of their technological projects.
Pollution free industry is the primary necessity for industrial organization. Please consider supporting us by disabling your ad blocker.
The labor market of India and the social development index also show the social factors of the country, which are in deplorable conditions and they need to be addressed. Refresh India, officially known as the Republic of India, is the seventh largest country by area, and the second most populous in the world with more than 1.
It is focusing on product development and now introduced fresh cost cutting process. Furthermore, the country also possesses one of the strongest IT sectors in the world, promoting constant IT development, software upgrades and other technological advancements.
Therefore, there are structures with percentages according to age. As a result, there have been establishments of environmental pressure groups, noise controls, and regulations on waste control and disposal. Technological Factors India has made significant advancement in technology and it has prepared new smart phone with latest specification and also did a great deal in IT technology.
It has maintained the deregulation policy, international trade regulations, general initiatives, government stability and the international stability, which has created the economic development in the country. What is Pestle Analysis? The country has also been opening its doors to attract investors and foreign companies to further promote growth.
For the past decade or so, India has been experiencing a constant growth in its GDP, along with a continuous growth of liberalization from till date. These latest legal changes can affect the costs and demand of the firms and they will boost the production of these companies. The taxation system is well-developed and several taxes, such as income tax, services tax and sales tax are imposed by the Union Government.
These structures contain varying flexibility, in education, work attitudes, income distribution, and so on. Environmental Factors India has to face different environmental factors and the change in climate or weather can affect the business like tourism, farming and insurance.
Recently, India has also attempted to launch their satellites into space. Other taxes, such as octroi and utilities, are taken care of by local bodies.
The government pays attentions on different issues of the country and they are introducing some reforms to make it economically strong and productive.
The government introduced the industrial reforms in and there is reduction in industrial licensing, formation of FIBP, and liberalization of foreign capital, which has created the improvement in the economic environment of the country.
Economical Factors The economic situation of the country is strong and it includes taxation changes, interest rates, inflation, economic growth, and exchange rates.
The global warming is becoming major external factor and it is significant issue to grow desire to protect environment and it has great impact on different industries.Pest analysis of textile industry 1. PEST ANALYSISA PEST (Political, Economic, Social and Technological) analysis is a major part ofthe environmental scanning section of strategic management and it is used bycompanies during market research and strategic analysis.
PESTEL Analysis of Indian IT Industry The information and technology industry has gone through a lot of transformation.
India is one of the countries that rule the IT world today. Information Technology has integrated India’s economy. pestel analysis of textile industry - Download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online.
pestel analysis of textioe lindustry in india. Transcript of PESTLE analysis India INDIA ROLE OF POLITICAL PARTIES President has no legislative power in India, he is a figurehead Prime Minister is head of.
In this term paper Pestle analysis of India. How Organization take the analysis for setup the offices or industry in India. In this analysis tell the environment of India. Factors of India. Government policy, literacy, privatisation, legal problem, technology use India, any many factors given below.
Pestel Analysis of Ikea Entering Into /5(21).
PESTLE analysis of India presents the political, economic, social, technological, legal and environmental factors, affecting its external macro environment.Download