Pestel Analyses of India
COUNTRY ANALYSIS REPORT
India
In-depth PESTLE Insights
Publication Date: December 2010
OVERVIEW Catalyst
This profile analyzes the political, economic, social, technological, legal and environmental structure in India. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects and future risks.
Summary Key findings
India is a stable democracy, but terrorism and its relationships with its neighbors continue to be a problem Since India gained independence in 1947, the country's political stability has allowed it to maintain its position as the largest democracy in the world. Harboring vast regional and cultural variation, it has survived as a nation in spite of insurgencies in the northeast, the disputed state of Jammu and Kashmir, and the growing threat from revolutionary communist Naxalite groups. Economic liberalization in 1991 not only led to rapid economic growth, but also brought India closer to North America and Western Europe, although the country also maintains strong ties with Russia, continuing relations established with the former USSR. Despite these successes, India has a long way to go to improve its performance in terms of political stability, as well as its ability to prevent terrorism and violence. The key challenges that India has faced and continues to face relate to its relationships with its neighbors, such as Pakistan, China and Bangladesh. While the Indian economy is inherently strong, poor infrastructure continues to hinder growth The Indian economy witnessed robust growth during 2005–07, registering an average GDP growth rate of 9.5% over the period. However, the global financial crisis brought down the growth momentum of the economy, and real GDP came down sharply to reach 6.4% in 2008. However, the economy recovered in 2009 to post a GDP growth rate of 7.4%. The country’s GDP is estimated to reach 8.5% in 2010 indicating a smart economic recovery. India’s GDP growth rate
India
In-depth PESTLE Insights
Publication Date: December 2010
OVERVIEW Catalyst
This profile analyzes the political, economic, social, technological, legal and environmental structure in India. Each of the PESTLE factors is explored on four parameters: current strengths, current challenges, future prospects and future risks.
Summary Key findings
India is a stable democracy, but terrorism and its relationships with its neighbors continue to be a problem Since India gained independence in 1947, the country's political stability has allowed it to maintain its position as the largest democracy in the world. Harboring vast regional and cultural variation, it has survived as a nation in spite of insurgencies in the northeast, the disputed state of Jammu and Kashmir, and the growing threat from revolutionary communist Naxalite groups. Economic liberalization in 1991 not only led to rapid economic growth, but also brought India closer to North America and Western Europe, although the country also maintains strong ties with Russia, continuing relations established with the former USSR. Despite these successes, India has a long way to go to improve its performance in terms of political stability, as well as its ability to prevent terrorism and violence. The key challenges that India has faced and continues to face relate to its relationships with its neighbors, such as Pakistan, China and Bangladesh. While the Indian economy is inherently strong, poor infrastructure continues to hinder growth The Indian economy witnessed robust growth during 2005–07, registering an average GDP growth rate of 9.5% over the period. However, the global financial crisis brought down the growth momentum of the economy, and real GDP came down sharply to reach 6.4% in 2008. However, the economy recovered in 2009 to post a GDP growth rate of 7.4%. The country’s GDP is estimated to reach 8.5% in 2010 indicating a smart economic recovery. India’s GDP growth rate