SWOT Analysis of garment industry of nepal 1 Strengths 1. Demand Driven Industry (more than 4000 units for textiles alone) 2. Strong presence in local market 3. Availability of cheaper labor 4. Geographically situated at ideal location (near end s) 5. Most setups are self-employed and have simpler management structure 2 Weaknesses 1. Obsolete technology machinery and equipment used for manufacturing 2. Availability of raw material and inconsistent raw material prices 3. Unskilled labor (only 1% workers have certificate / diploma from technical training institutions) 4. Absence of research and development culture 5. Lack of synergies between Govt. institutions and practical market. 6. Lack of standardization and quality control 7. Non-sophisticated marketing sense. (Branding& grading) 8. Unorganized vendor base 9. Limited access to information (availability of finance, technological know-how& Govt. regulations) 10. Energy costs
3 Opportunities 1. Import substitution.Nepal imports machinery worth approximately US $ 600 million annually for textiles only. 2. Free trade agreements like SAFTA and Nepal’s recent attempt to get included in ASEAN. 3. Lesser sophisticated African markets. 4. Research and development and reverse engineering
4 Threats 1. Competition from countries like India & China, which have more advanced engineering technology base. 2. Lagging in technology, hence producing substandard goods that hamper consumer perception about local products. 3. Non-organized manufacturing and vendor base and unhealthy competition. 4. Uncertainty in inputs costs 5. Allowance of duty free textile machinery. 6. Increasing duties on import of machinery / tools used in manufacturing of textile machinery and parts 7. High dependence on single supplier of raw material 8. Non-existence of research and development culture lily to widen technology gap more...
SWOT Analysis of garment industry of Nepal
STRENGTHS 1. Demand Driven Industry (more than 4000 units for textiles alone) 2. Strong presence in local market 3. Availability of cheaper labor 4. Geographically situated at ideal location (near end s) 5. Most setups are self-employed and have simpler management structure
OPPORTUNITIES 1. Import substitution. Nepal imports machinery worth approximately US $ 600 million annually for textiles only. 2. Free trade agreements like SAFTA and Nepal’s recent attempt to get included in ASEAN. 3. Lesser sophisticated African markets. 4. Research and development and reverse engineering
WEAKNESSES 1. Obsolete technology machinery and equipment used for manufacturing 2. Availability of raw material and inconsistent raw material prices 3. Unskilled labor (only 1% workers have certificate / diploma from technical training institutions) 4. Absence of research and development culture 5. Lack of synergies between Govt. institutions and practical market. 6. Lack of standardization and quality control 7. Non-sophisticated marketing sense. (branding & grading) 8. Unorganized vendor base 9. Limited access to information (availability of finance, technological know how& Govt. regulations) 10. Energy costs
THREATS 1. Competition from countries like India & China, which have more advanced engineering technology base. 2. Lagging in technology, hence producing substandard goods that hamper consumer perception about local products. 3. Non-organized manufacturing and vendor base and unhealthy competition. 4. Uncertainty in inputs costs 5. Allowance of duty free textile machinery. 6. Increasing duties on import of machinery / tools used in manufacturing of textile machinery and parts 7. High dependence on single supplier of raw material 8. Non-existence of research and development culture lily to widen technology gap more...
India Swot Analysis
India
SwotAnalysis in Gujarat
Strength High resource of raw material easily available for textile industry Economies of scale through complete integration Large and growing domestic market Low labour cost and availability of skilled and technical labour force. Easy availability of polyester, silk, viscose, cotton
Weakness Low focus on forming brand equity Small size and technologically outdated plants result in lack of economies of scale, low productivity and weak quality control
Climate affects the availability of raw materials
Opportunities huge opportunities for export. Shift in domestic market towards readymade garments
Growth in the garment industry Vibrant domestic demand
Threats Increasing completion from international brand Survival in of quality, size, delivery and cost pressure Poor transportation infrastructure
SWOT Analysis of Tourism industry in Sikkim
Strengths: Sikkim’s greatest strength is its political and social stability. In an age when the pollution has become a major concern, its environment remains pollution free environment with a rich biodiversity. Add to that the high literacy and hospitable people, and an all climate zones and the state has potential to be another Switzerland. Weakness: The most pressing concern for this Himalayan Heaven to emerge as a top tourist destination remains its poor connectivity. The NH 31A is the single highway connecting Gangtok with Siliguri. There is no airport, no railway line and the inter-state connectivity is far sort of the global standard. Quality of accommodation, facilities & services beyond urban areas, limited community participation and poor availability of skilled human resources are other problems. As if all this was not enough, the archaic inner line permit and other restrictions only reduce the attractiveness of the state as the first choice. Opportunities: Despite all the limitation that threaten to mar the prospect of Sikkim’s emergence as an international destination, the Himalayan state has all the potential to emerge as a sought after tourist destination. Be it for events, conventions, exhibitions, rural/village tourism; its rich and diverse heritage, culture and civilisation, mountains and valleys along with religious circuits give it an ideal set up to emerge as a pilgrimage, adventure, wetland and wellness destination. Its natural landscape is suitable for the film industry as well. Threats: The failure to effectively resolve the constraints/weaknesses identified both on the part of the Central and the State Governments is what poses the greatest threat to Sikkim. Given its topography (82% of forest area is under forest. The Tourism Ministry, GOI even declared Sikkim as “Eco-Tourism Destination”) and context there is a great need to involve the communities in decision-making process. This will at least ensure sustainable and eco-friendly growth of rural areas and natural tourism sites. Not to deny that the state needs to resist the ever increasing competition in the tourism sector, often at the cost of environment and the community
Overview of Sikkim Sikkim is surrounded by vast stretches of Tibetan Plateaus in the north, the Chumbi Valley of Tibet and the Kingdom of Bhutan in the east, the Kingdom of Nepal in the west and Darjeeling district of West Bengal in the south Language: English, Nepali, Bhutia, Hindi, Limbu There are 889 females for every 1000 males in Sikkim with total population of 632,820
Key Industries:Tourism, agriculture, floriculture, agro-processing, hydroelectric power, tea, large cardamom, minerals, electronics and pharmaceuticals