Results of SWOT on INDIA
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
Indian Textile Industry is an Independent & Self-Reliant industry.
Abundant Raw Material availability that helps industry to control costs and reduces the lead-time across the operation.
Availability of Low Cost and Skilled Manpower provides competitive advantage to industry.
Availability of large varieties of cotton fiber and has a fast growing synthetic fiber industry.
India has great advantage in Spinning Sector and has a presence in all process of operation and value chain.
India is one of the largest exporters of Yarn in international market and contributes around 25% share of the global trade in Cotton Yarn.
The Apparel Industry is one of largest foreign revenue contributor and holds 12% of the country’s total export.
Industry has large and diversified segments that provide wide variety of products.
Growing Economy and Potential Domestic and International Market.
Industry has Manufacturing Flexibility that helps to increase the productivity.
Specialist marketing expertise
Exclusive access to natural resources
Strong brand reputation
Cost advantage through proprietary know-how
Lack of trained & skill work force
Small supply of specialize professional
Lack of spirits of entrepreneurship, patriotisms and leadership skill
Lack of effective & execution framework
Lack of Indian management models
Lack of transparency-Trust-Responsibility
Lack of learning habits & Team work spirit
Fear of sharing knowledge & taking risk
Thinking win-lose lose-win look-outside
Slow absorption of Innovation & change
Lack of Indian management models
Absence of greater technology impetus
Lack of Emotional-Spiritual development
Rush of getting high marks not Development
Blindly respect anything taught by elders
ndian Textile Industry is highly Fragmented Industry.
Industry is highly dependent on Cotton.
Lower Productivity in various segments.
There is Declining in Mill Segment.
Lack of Technological Development that affect the productivity and other activities in whole value chain.
Infrastructural Bottlenecks and Efficiency such as, Transaction Time at Ports and transportation Time.
Unfavorable labor Laws.
Lack of Trade Membership, which restrict to tap other potential market.
Lacking to generate Economies of Scale.
Higher Indirect Taxes, Power and Interest Rates.
Lack of marketing expertise
Location of your company
Poor quality of goods and services
Undifferentiated products & services
THREATS (Internal & external):
A feeling of unstable government
Self centered political leadership
Slow & Dysfunctional judiciary and corrupt law enforcers
Regulation, protection and restriction
Mechanistic -stable-Layered-complex system
Corruption, Ignorance & Complacency
High competitive & marketing forces
To patent Indian intellectual property by outsider (unawareness about own research)
Fast change Internet-information technology& new Inventions-Technology-Innovations
Diversity vs. Imbalance- clashes
Migration of all branch to software job
Job seeking mind sets, not job creator
Unnecessary social pressure on students
Excessive rich & powerful mindsets
Competition from other developing countries, especially China.
Continuous Quality Improvement is need of the hour as there are different demand patterns all over the world.
Elimination of Quota system will lead to fluctuations in Export Demand.
Threat for Traditional Market for Powerloom and Handloom Products and forcing them for product diversification.
International labor and Environmental Laws.
To balance the demand and supply.
To make balance between price and quality.
Increased trade barriers
New taxation on your products
Competitor has new innovative products
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
Collaboration : win-win thinking
Hybrid solution–balancing & blending
Tourism, health sector, food processing
Rural economy development & social transformation ( PURA model )
Need modernization of infrastructure , Library and laboratory
Internet institute network & e-Library
Councilors and student advisors
Growth rate of Domestic Textile Industry is 6-8% per annum.
Large, Potential Domestic and International Market.
Product development and Diversification to cater global needs.
Elimination of Quota Restriction leads to greater Market Development.
Market is gradually shifting towards Branded Readymade Garment.
Increased Disposable Income and Purchasing Power of Indian Customer opens New Market Development.