The fourth largest sector in the Indian economy is all set for 16% growth during 2008-09‚ from a base of Rs. 85470 crores‚ as predicted by FICCI. Going forward‚ as anticipated by CRISIL‚ FMCG sector will touch around Rs. 140000 crores by 2015 (33.4B$). This post will through some pointers for growth in FMCG Sector and update with the contemporary category trends. Growth Drivers: FMCG Sector 1. Disposable Income: There is increase in disposable income‚ observed in both rural and urban consumers
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MACRO PERSPECTIVE ( AIRLINE INDUSTRY) Economical can be one of the major factors for the airline industry. Due to the rate of war and terrorist event‚ the growth rate of economy dramatic slowdown‚ capacity demand‚ which gains the low yield to the airline industry. Moreover‚ oil prices increase also affect their profits. The social sector‚ which are strongly from employment perspective and safety. The technology in airline industry is fast moving‚ however it’s very costly. Alliance gives the
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for 51% FDI in multi-brand retail sector & 100% FDI in single brand. Foreign Investment in India is governed by the FDI policy announced by the Government of India and the provision of the Foreign Exchange Management Act (FEMA) 1999. RBI also issues notifications which contains the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations‚ 2000 and had been amended many times. The Ministry of Commerce and Industry‚ Government of India is the nodal
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Telecom reforms was initiated in 1994‚ there were three incumbents in the fixed service sector‚ namely DoT (Department of Telecom)‚ MTNL and VSNL. Of these‚ DoT operated in all parts of the country except Delhi and Mumbai. MTNL operated in Delhi and Mumbai and VSNL provided international telephony. Given its all-India presence and policy-making powers‚ the DoT enjoyed a monopoly in the telecom sector prior to the major telecom reforms. However‚ subsequent to the second phase of reforms in 1999‚
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Export Sector in India The export sector of Indian economy made comprehensive progress over the last decade. The exponential growth of the export sector of Indian economy can be attributed to the liberal Government of India economic policy. Indian exports have an ambitious target of US 160 billion in 2007-08. The achievement came to the Indian exports in the last fiscal despite the odds against the exports‚ minimizing the gains. In the first two months of 2007-08 exports grew by 20.3%‚ which was
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familiar with; explain how factors in the external business environment influence marketing strategies and outcomes ‘Betfair betting exchange processes more than seven million transactions a day- that’s more than all European stock exchanges combined.’(Betfair‚ 2011) With this sentence we can observe the magnitude and growth that an online gambling company like Betfair.com has achieved. To reach this point they have dealt with many issues in their external environment and they have overcome these problems
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discussing uncertain and dynamic external environments and if they require more effective application of analytical tools and framework and to what extent they do. The external environment refers to the range of factors that influence the operation and performance of an organisation that happens out-with the organisation which they have limited control over and by applying analytical tools and framework they try to prepare themselves best for what may come. As the environment is constantly uncertain and
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the Saudi individual to find a job and greater pressure on the Saudi government to create more jobs. Over-saturation of the public sector has created a need for young nationals to look for work inside the expatriate dominated private sector. However with so many expatriates working in the country it is harder for the Saudi national to find a job in the private sector‚ and thus unemployment has been a serious issue in Saudi Arabia. In an effort to facilitate the employment of nationals‚ the Saudi
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Philippines - Economic sectors In the Philippines‚ the 3 largest economic sectors are industry‚ service‚ and agriculture‚ in terms of contribution to GDP. In past years‚ the service sector has exhibited continuous growth. Agriculture‚ although still substantial‚ continues to decline. Estimates from 1997 reveal that agriculture contributed 20 percent to GDP‚ industry contributed 32 percent‚ and services dominated the economy with 48 percent of GDP. In 1999 the rate of growth of the GDP stood at
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An explanation of how children and young people’s development is influenced by external factors: Poverty & deprivation: This influences children’s development as children which live in poverty tend to live in poorer housing conditions‚ who may also not have an appropriate diet such as‚ not enough vitamins or minerals etc. This may then lead to diseases and illnesses. Overall this influences the physical‚ intellectual‚ emotional and social development. Family environment and background: A child
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