Posts Tagged "Indian Economy"
With the global economy seeing severe pressures on growth, company leaderships are huddled in a corner to find out ways and means to weather the storm. The impact can be seen on all large and small companies with of course some possible exceptional companies because of their foresight, balance sheet strengths or business model. By and large many of the firms we work with have become very cautious. They are no more looking at...
India (Asia’s third-largest) economy continues to wait for the growth rebound and the key data points refuse to pinpoint any specific breakout at this point in time WPI Trends The WPI Inflation Index has cooled down marginally from the highs of @9-10 in H2’2011 to @7.5 in 2012, but is not going down further. This level of inflation is higher than the benchmark average inflation RBI has in mind. This as a result is...
Real GDP growth for 1QFY2013 increased to 5.5%, marginally higher than 5.3% growth in the previous quarter, and above the consensus estimate of 5.3%. However the growth is substantially lower than the 8% growth in 1q12. Growth was driven by construction and financing, insurance, real estate & business services. Gross fixed capital formation (GFCF) reported a growth of 0.6%, reiterating concern over the investment climate in the economy. The growth has been driven primarily...
This calculation will be helpful for Global Marketing Managers/ Firms for their India pricing Strategy. It gives details on what will be the landing cost for products exported to India. The duty rates are normally announced every year in March during the Union Finance budget proposals. The rate remains constant most of the time for one full year i.e till the budget announcements next year. As such the calculations below will normally be valid...
While there is no doubt that growth world over and in India is slowing down, in India’s case however the macro number might be giving just one side of the story. Asian Development Outlook (ADO), ADB’s flagship report, said the Indian economy will only register a moderate increase in growth rate in the current fiscal, up from 6.9% a year ago, and the country would need to push reforms and increase investments to achieve...
The Indian economy is alive and well today despite of an ongoing slowdown. The country exported an estimated $303.7 billion worth of goods in 2011, with the greatest amount of profit coming from petroleum products, precious stones, machinery and automobile manufacturing, iron and steel, chemicals and apparel. Most of these products are modern day necessities that aren’t unique to the country’s cultural identity. But Indian culture has become more visible to the rest of...
Though as per most experts the long term growth structure of Indian Economy remains intact there are significant challenges in the short term. The current Global Economic slowdown is having its impact on India Growth story as well. This coupled with some strong headwinds in India Macro Economic situation (High inflation & High Fiscal Deficit) is leading to slowdown in growth. The 6.5% GDP growth in 2011-12 is the slowest over the last 9...