Descripción: pestel analysis of textioe lindustry in india
pestel analysis of textioe lindustry in india
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LOGISTICS INDUSTRY PORTER’S FIVE FORCES MODEL AND PESTEL FRAMEWORK
Introduction to The Indian Logistics Industry Purpose :-
To enable an effective transportation or timely movement of goods
from one place for another (for industrial as well as private purposes)
Mediums of Logistics :- 1) Land Transport 2) Air Freight 3) Railways 4) Water transport
Key Players In the Industry :- DHL , TNT , GATI , FIRST FLIGHT , BLUE DART , ASHOK LEYLAND .
STRUCTURE OF THE INDIAN LOGISTICS MARKET
PORTER’S FIVE FORCES ANALYSIS
PESTEL ANALYSIS (ANALYSIS OF POLITICAL,ECONOMIC,SOCIAL,TECHNOLOGICAL,ENVIRONMENTAL AND LEGAL FACTORS)
Political Factors
In Order to liberalize the railway service, the government opened its doors of container business to private parties.
Government has removed the differential state level taxes.
Government has introduced private sector participation, especially in the port sector.
National Highway Projects.
ECONOMIC FACTORS
End of indirect tax regime after implementation of GST , other tax reforms like VAT.
Change in Government policies regarding transportation like OCTROI.
Fluctuation in Fuel prices.
The core drivers are the growth in GDP and Trade.
High Maintenance and Advertisement.
SOCIAL FACTORS
Creditor Collection Period.
Standards put in place to act as a tool for intervention for stakeholders and businesses.
Countries may use innovations such as eco-labelling as a part of the regulatory and governance structure.
TECHNOLOGICAL FACTORS
Inventory management and barcode systems .
Warehouse Management Systems .
Transportation and management systems.
Radio Frequency identification.
Web Enabled Communications .
Environmental and Legal Factors
Changing government policies on taxation and regulation of service providers play an important role in this process.
Coordination across various government agencies requires approval from multiple ministries and is a roadblock for multi modal transport in India.
Whether it is the physical infrastructure of road, ports, water, power etc or the service infrastructure of logistics – all are being stretched to perform beyond their capabilities.
At the firm level, the logistics focus will have to move towards reducing cycle times in order to prevent the exhaustion of resources.
