Pest Analysis of Paint Industry in India

PEST ANALYSIS The pest summary refers to four main component parts: POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL The analysis will focus towards the patience that how the political stability, rules and regulation, and the legal formation of the country affecting the overall effort. The economic condition, liberalization, constitution toward outside investment, and increase rate of the economy as a all told also help to analyze the overall industry attracter and potential for the engenderth. The social aspects like people are much involved in the painting process, trend of nuclear family; low interest rate of housing loan, increase of urbanization and spay in thinking of the people all this is helpful for the industry consideration, also the change in technology, production process, distribution line and more use of tinting machine that help for ameliorate shading of color. POLITICAL ENVIRONMENT The analysis of the political and legal environment will consider the following aspect: Largest Democracy. Taxation policy i.e. reduction in collide with tariff and custom duty on raw material and final products. Fair mensuration of political stability. Political consensus on economic reforms and higher commit of growth of the economy.

Sound legal system a factor contributing large foreign direct investment. Growth in the early nineties was constrained by high excise duties. After the rationalization of the excise duty structure in 1992 and consequent pick up in industrial growth, the paints incision began posting increasing growth. Over the last ten years, the industry has grown at a compounded annual growth rate (CAGR) of 12-13% and in the next five years, it is expected to grow at a CAGR of 11-12%. The industry has apositive correlation with the countrys gross domestic product (GDP) as both have the corresponding growth drivers. http://www.thefreelibrary.com/Encouraging+growth+potential+for+the+Indian+paint+industry:+the...-a0206850849? The finance minister... If you want to get a full essay, order it on our website: Ordercustompaper.com

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