B2B UIpesh Solanki M16

PESTEL Analysis for Indoasian Political: Government has a less significant influence on our company, as it is Indian based company and as per new policy i.e. Make in India campaign by PM has influenced the production with an optimum costing of foreign components. FDI, passing of tenders, government bodies like MHADA, Konkan housing board and other boards in the country. Economical: Economic factors such as Inflation, interest rates, foreign exchange rates, economic growth patterns etc. does a minimal impact on the market, as the demand supply of the product is independent of the economic conditions, the existing infrastructure in India is sufficient for the flourishment of the market and also the new developments in the real estate industry has a positive impact. Social: Social trends in India has a greater impact on our company as the society is getting influenced by the western culture, people are converting to more systematic electric wiring system, because of which the need for MCBs has increased. Technological: Continuous increase in Research and development has paved the way for more developments in the electric components market and has also led to innovations in the product category, which directly proportionate to the demand of it. Legal: Legal aspects featuring the safety standards, labor laws,

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Transcript of B2B UIpesh Solanki M16

PESTEL Analysis for IndoasianPolitical: Government has a less signifcant infuence on our company as it is Indian!ased company and as per ne" policy i#e# $a%e in India campaign !y P$ hasinfuenced the production "ith an optimum costing of foreign components#&'I passingof tenders government !odiesli%e$(A'A )on%anhousing!oard and other !oards in the country#Economical:EconomicfactorssuchasInfation interestrates foreigne*changerateseconomic gro"th patterns etc# does a minimal impact on the mar%et as thedemandsupplyoftheproductisindependentoftheeconomicconditionsthee*istinginfrastructureinIndiaissu+cientforthefourishmentof themar%etandalsothene"developmentsinthereal estateindustryhasapositive impact#Social:Social trends in India has a greater impact on our company as the society isgettinginfuenced!ythe"esternculture peopleareconvertingtomoresystematic electric "iring system !ecause of "hich the need for $,-s hasincreased#Technological:,ontinuousincreasein.esearchanddevelopmenthaspavedthe"ayformore developments in the electric components mar%et and has also led toinnovations intheproduct category "hichdirectlyproportionatetothedemand of it#Legal:Legal aspects featuring the safety standards la!or la"s