Saturday, February 22, 2020

Infrastructure Issues in India Term Paper Example | Topics and Well Written Essays - 1250 words

Infrastructure Issues in India - Term Paper Example This paper attempts to evaluate existing infrastructural issues in India and how they affect the country’s overall economic prospects. India’s poor infrastructure is a huge obstacle towards the country’s overall economic growth prospects. In essence, India is among the fastest growing economies in Asia and the world in general though its huge growth projects have been hindered by the extremely poor infrastructure found in the subcontinent. The paper further examines the relevant frailties in India’s infrastructure evaluating the available options for improvement and better performance. To underscore the infrastructural issues of India and its needs, the paper will conduct a comparative analysis between India and China as regards infrastructure. Conceivably Indian infrastructural planning has been below the standards resulting into substandard infrastructures. Economic growth requires adequate and quality infrastructure, which serves as a huge aid towards d evelopment and economic activity. Poor infrastructure, on the other hand, hinders basic economic activities and dilutes government’s attention on crucial economic matters. For better economic performance, it is essential to have an infrastructure that can support the economy and its business activities. Therefore, it is of great importance that India elevates its infrastructure to an advanced level that can support its economic and growth perspectives. In essence, India needs to consider the investment in power, energy, healthcare, water/waste management and address policies supporting the development of infrastructure. Such an approach will go along way in boosting the country’s infrastructural levels providing it with the necessary impetus to pursue its ambitious economic endeavors. Statistically, more than half of India’s shipment and 80 percent of traveler traffic moves on the freeway network, which largely comprises two-lane roads. The country has 700 kilom eters of thruways, mostly reserved for cars, buses and trucks. Most of the expressways with four lanes run through Ahmedabad and Vadodara as well as between Pune and Mumbai. China, on the other hand, has 74,000 kilometers of superhighways up from 147 kilometers in 1989 (Huang 3). Therefore, is far much behind China in the road network and though India’s has ambitious infrastructural projects it will take a long time for the subcontinent to catch up with China. In August 2009, Indian Prime Minister Manmohan Singh developed a goal of constructing 20 kilometers of new highways a day as a fraction of efforts to advance infrastructure graded below Kazakhstan’s and Guatemala’s, according to the World Economic Forum. The daily standard was 4.5 kilometers in 2011, according to PricewaterhouseCoopers LLP. India endeavors to expend as much as $1 trillion in five years on power plants, roads, and ports (Sundaram 1). India may use $5.3 billion tripling the span of its expre ssway network to reduce traffic jams that are slowing commerce, wasting fuel, in addition to sapping economic growth. The country proposes to add approximately 1,600 kilometers (1,000 miles) of highways with at least six lanes. In an interview, Raghav Chandra -who is the joint secretary at the Ministry of Road Transport and Highways- confirmed that India has great plans to refurbish its road network so as to create an enabling environment for trade and overall economic

Wednesday, February 5, 2020

Recommendations for non price barriers to entry Essay

Recommendations for non price barriers to entry - Essay Example i. Larson needs to subtly and powerfully draw public's attention to its "staying power" and one of the top leaders in the market considering that it has a presence of over 5 years and 15 years in the USA and Germany respectively. ii. The company should build and strengthen its image as a responsible corporate by enhancing its presence in the community through initiatives and participatory events. This could heighten the positivism of the brand of the company and could be a clear differentiator since community events are also caught by media and do not involve additional advertising. 2) Internal Cost Cutting: The Company needs to critically analyze its cost structure and find ways and means to optimize costs instead of increasing prices. This will ensure higher profit margins and allow company to reduce product prices potentially attracting new customers. 3) Expansion to new markets: Larsen's presence is currently limited to only 2 counties which are currently in recession. It needs to expand into newer / growth oriented markets like Asia and Africa. It needs to consider organic and inorganic growth through acquisitions, mergers, setting up subsidiaries and tie-ups with local companies in other countries and homes countries too. 5) Outsourcing: Larsen can critically analyze the feasibility of moving its manufacturing bases to