Why not Business in: BIHAR

-

Initially positioning of Bihar was "CRIME" but now days it has been changed repositioning of Bihar is "MIRACLE GROWTH". The question arises here how and why it happened reason is like this thanks to Honorable chief minister of Nitish kumar who was giving speech in gandhi maidan patna that if I do not come true on my promise please hang me in this ground in front of people of Bihar. As I think really state is going to way of changing but this is miracle changing. According to recent data growth rate of Bihar is 11.03 second after Gujrat in India. why it is so because cosumption pattern is changing in state. now people do not have fear of crime this is due to tight administration of Government. According to INTERNATIONAL FINANCE COMMISSION title of "Doing business in India 2009" they has rated Bihar second position after New Delhi. why it is so because starting business in Bihar is less expensive. Coming to point of ownership of consumer durable in urban India where what is the position of Bihar. these are data---
Bihar have ownership of cooler is 4.3% which is more than Assam 0.7%, Gujrat2.2%, karnataka 0.9%, Westbengal 0.3% and many more.
Ownership of Electronic Iron is 2.9% which is more than Andhrapradesh 1.68%, Westbengal 2.01%. Ownership of car/van/jeep is 1.8% which is more than Westbengal 1.7%,
Ownership of music system is 26.3% which is more than Andhrapradesh 15.6%, Madhyaprdesh 19.5%, Maharashtra 25.8%, Uttarpradesh 24.4%,Uttarakhand 26%.
My analysis is Bihar has such types of ownership than we can say absoulutely there is opportunity for growth. according to recent data NRI is going to Invest 37000 crores in state.
In terms of PEST analysis state is favour of company. coming to point of Infrastructure of state recent government has changed this system they are building such Infrastructute which previous government cannot build in past 15 years. Eastern dedicated freight corridor linking punjab,westbengal via Bihar this will certainly help state to development. In thisyear Nitish kumar awarded by BUSINESS REFORMER AWARD. lets see how they attract business man.
some fact about availability of empolyees because Bihar produce highest number of IIM and IIT they are very interested in willing to work in own state, for example kaushlendra passed out in 2008 from IIM-A did not take placement from Institute now he is totally Involved in his business of Vegetables in Bihar. so, we welcome you in Bihar.

Comments

  1. AnonymousApril 3, 2010 at 10:04 AM

    it was really a nice article .but before putting all these data pls take a look of it. because many people will see this blog. more importantly it is nice article.

    ReplyDelete

Post a Comment

Popular posts from this blog

World Class Exhibition Center in Dwarka

-
Image
The national capital is set to get a state-of-the-art convention centre on the lines of the ones in Shanghai, Hong Kong and Singapore for hosting exhibitions, trade fairs and summits of international standards. To be constructed in Dwarka’s Sector 25, three kilometers from the IGI airport in south-west Delhi, the two-phased project was approved by the Union cabinet in November while the contracts were awarded last week. Architects working on the project, billed as one of the biggest in Asia, said it is conceived as a smart, zero energy, world-class facility designed for an events like G-20 summit. The  exhibition-cum-convention centre in Dwarka  and its allied infrastructure which includes, an arena, primary structure, Delhi Metro, road connectivity, hotels and office spaces, is being constructed at an estimated cost of ₹25,703 crore. It will be completed by 2025, a statement of Union ministry of commerce and industry informing about the Cabinet decision said.
Read more

Toyota: A Case of Overconfident

-
Image
Toyota a Japanese automobile company and world's largest automobile company in terms of sales. Now a days company is facing crisis this is due to recall of their vehicles(Toyota Prius) which has some sort of problem in brake and accelarater. Why this is a case of overconfident because when company got news about problem in few cars. They were fully confident that they can handle this problem effectively but fact is not like this. Now they are going to become victim of overconfident. According to company's philosophy "each problem provides opportunity for improvement". That's what company is facing problem. According to analysts the main reason for this recall is higher growing rate and other factors as well. so, being a company who believe in Just-in-time facilities how they are facing this types of problems. Now when Toyota started repairing millions of defected car they were not able to handle it. The very first and recent reason is Arrogance which the company h
Read more

DHL: Global Leader in Logistic Industry

-
Image
DHL is a global leader in world market having 43% market share. The name DHL derived from its founder name which is Adrian Dalsey, Larry Hillblom and Robert Lynn. This company has been established in 1969 and its Headquarter is in Germany. DHL operates in more than 220 countries with providing end to end solution of logistic. DHL business is in four segment first one is Air express, supply chain, freight forwarding and Blue dart express due to this capacity they are leader in world market. DHL main competitors are FedEx, USP and others. A far as DHL strategy is concern they are looking at their business from ground to top. Some of their strategy is following- 1. Provide solution of problem- Their business strategy says If you are doing business than you need to understand that why I am in this business. Once you understood the problem than provide solutions of that problem for doing great business for long run. 2. About your competitor- According to this point they says that first you
Read more