swot analysis of information technology industry in india

Fast changing fashion trends are difficult to adapt for the Indian leather industries.Improving quality to adapt the stricter international standards.Non- tariff barriers - Developing countries are resorting to more and more non – tariff barriers indirectly.Stiff competition from other countries.(The performance of global competitors in leather and leather products indicates that there are at least 5 countries viz, China, Indonesia, Thailand, Vietnam and Brazil, which are more competitive than India.).Entry of multinationals in domestic market.Exhibit strengths in manufacturing, for example, strengths in classic shoe manufacturing, hand crafting etc.Aim to present the customer with new designs, infrastructure, country & company profiles.

Retain customers through quality supplies and timely deliveries.Exposure to newer markets through Fairs/ BSMs.Growing international and domestic markets.Product diversification - There is lot of scope for diversification into other products, namely, leather garments, goods etc.Use of information technology and decision support software to help eliminate the length of the production cycle for different products.Growing fashion consciousness globally.Abundant scope to supply finished leather to multinationals setting up shop in India.Weak support infra- structure for exports.Plant training and retraining- Inconsistent quality Competition among units vying for export orders leading to undercutting.Uneconomical size of manufacturing units.Lack of fresh investment in the sector.Non availability of quality footwear components.Difficulties in accessing to testing, designing and technical services.Unawareness of international standards by many players as maximum number of leather industries are SMEs.Lack of modern finishing facilities for leather.Less number of organised product manufacturers.Low level of labour productivity due to inadequate formal training / unskilled labour.Low level of modernisation and upgradation of technology, and the integration of developed technology is very slow.Well-established linkages with buyers in EU and USA.Tax incentives on machinery by Government.Massive institutional support for technical services, designing, manpower development and marketing.Comfortable availability of raw materials and other inputs.

Presence of qualified leather technologists in the field.

Managements with business background become quality and environment conscious.

Easy availability of low cost of labour.

Existence of more than sufficient productive capacity in tanning.

SWOT Analysis of Indian Footwear Industry

Swot analysis of information technology industry in india