Managerial Economics - Case Studies

What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? (Did we answer this question?)

In a highly competitive and dynamically changing market it has become imperative for the leading

I sure this read will illustrate ways to help the industry and make strides toward constant advancement.

India represents a complex mix of exotic images and prosaic realities. Exotic images of India encompass elephants and monkeys, curry and naan, bindis and Bollywood. The prosaic realities of India focus on the third-world poverty, the prevalence of outsourcing, and its geo-political location in Asia. However, India has cultivated a thriving, modern business presence, and it is poised to become a global financial juggernaut in the next fifteen years. Over the last two decades, India has experienced marked economic and industrial growth in its own country as well as the global community. The rise of India will have a significant impact, not only on the U.S. economy, but

issues facing the industry. The report also offers an overview of the industry, it’s key

market and what global competition is prominent. We will continue by looking into new inventions

Industry is expected to grow from $20B in 2010 to $44B in 2014. Although demand was consistently strong and expected to grow 22% in 2012, margins were constantly squeezed due to pricing pressures and manufacturer sought to reduce costs wherever possible. Industry was sometimes prone to supply shortages, so fast, flexible manufacturing practices were critical in meeting customer demand.

India is a fast developing nation and is considered to be the leader of Developing Economies. Our presence is globally felt in all spheres. We are marching ahead with industrialization and exploring on foreign markets as well.

India’s economy today is thriving with it being the third largest country in the world in terms of its purchasing power. India is predicted by Goldman Sachs the (Global Investment Bank) in the year 2035 to be one of the largest economies in the world just under the US and China. India still has a few hurdles to climb because of its divided economy caused by a population explosion, poverty, unemployment and rural urban divide (http://www.mapsofindia.com/india-economy.html).

Pushed by consumers and scientific discoveries, some leading companies started this shift and they realize that what was supposed to be a threat is, in fact, a sea of opportunities that would

The service industries within which my product is situated is nowadays consider a fast growing industry. According to an article on Bloomberg Business,

The Indian economy is the 12th largest in the world and the third largest in Asia after China and Japan. Of the one billion residents about 320 million have an income that enables them to purchase consumer goods and 25%

Identify decisive, irreversible trends that have clear trajectory and implement change to unlock new opportunities.

In technology space again, the competition is increasing very fast. While Cisco systems announced investment of over $1billion in India in October 2005, Microsoft Chairman Bill Gates bettered it with plans to invest $1.7 billion to expand operations. Intel, the world's largest chipmaker, also announced similar plans for expansion worth $1 billion over the next five years . It is the same story across sectors. From Toyota, BMW in automobiles to Nokia, Motorola in mobile technology, the entire who's who of the global corporate arena is planning to go big on India.

The Industry covers over one lakh units and employs about 6 million workers, both directly and indirectly in almost equal proportion. The indirect portion helps to sustain the