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Essay / Research Paper Abstract
This 8 page paper is written as a report for the Board of Directors of a large hypothetical, UK multinational company evaluating the macro and task environment of the construction industry in India and assesses the suitability for the development of trading and investment relations. The bibliography cites 8 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEconstructind.rtf
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Unformatted sample text from the term paper:
assess this as a potential destination for a company supplying construction goods or undertaking construction projects by looking at the macro and task environment. The country of India was
once very isolationist with high levels of protectionism in place. Following the gaining of independence governments sought to help the nation develop with measures such as only allowing foreign investment
where the majority shareholding was held by a domestic partner. However, the development in the country has seen the economy adapt and change, with many rules relaxed to allow for
economic development. This increases the potential for international companies to enter the country. The issue then becomes one of the circumstances for investment and the potential of the sector.
One of the main problems faced by India, which impacts of economic and social conditions is the over population. With 25% of the population unable to even afford a
satisfactory diet, this can be seen as handicapping the economy (CIA, 2004). However, the economy is improving as the GDP has averaged 6% per annum growth between 1990 and 2003
(CIA, 2004). This has had the impact of reducing poverty by ten points since 1990 (CIA, 2004). The relaxation of controls has
also enabled greater imports to take place bringing in essential equipment and goods and allowing an increased influx of direct foreign investment which has also resulted in a high level
of knowledge transfer, especially in the more technological sectors. The development of the economy in this manner has also seen the educational
system expand and produce a high level of well educated English speaking Indian nationals. There has always been a strong educational system in this country, the issue, now, as always,
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