2. India is the cradle of the human race, the birthplace of
human speech, the mother of history, the grandmother of
legend, and the great grandmother of tradition..!
India 2.0 Reclaiming
Tryst with Destiny
Presented By:
Siddhika Bhandari
Peeyush Hardikar
Shiwangi Bakore
3. "Tryst with Destiny" was a speech delivered by Jawaharlal Nehru, the
first Prime Minister of independent India, to the Indian Constituent
Assembly in The Parliament, on the eve of India's Independence,
towards midnight on 14 August 1947.
4. India is the tenth largest economy in the world in terms of GDP.
After independence, the Indian economy was more like a socialist
economy: democratic, large public sectors and heavy regulations
on private sectors.
Economists predict that the Indian economy will be the third
largest by 2025, after the USA and China.
But for achieving the prediction there are some things to be resolve.
Knowing Facts
6. Strength
S1 Democracy
S2 Demographic Dividend
S3 Skilled Workforce
S4 High Growth of Economy
S5 Natural Resources
S6 Strong Purchasing Power
S7 3rd Largest Indian armed force
Weakness
W1 Illiteracy
W2 Unemployment
W3 Lack of Infrastructure
W4 Lack of Technology
W5 Low Productivity
W6 Poverty
W7 Red Tapism
W8 Low level of Awareness
Opportunity
O1 Globalization
O2 e-Commerce
O3 Modernization
O4 Abundance of Natural Resources
O5 Growing Economy
O6 Huge Domestic Market
O7 High level of Investment in IT /
Engineering Sector
O8 High Investment in Infrastructure
O9 Increase in Awareness
Threats
T1 Competition at Global Level
T2 Inflation
T3 Bureaucracy
T4 Terrorism
T5 Population Explosion
T6 Corruption
7. Agriculture in India employees 50% of the population, though
agriculture shares 18.5% of GDP, it makes India self reliant in terms of
food supply.
The youth of India constitutes a huge workforce which is again a very
important factor.
Vast Industrial Presence in both Public and Private Sectors.
Avail of Low-cost, Skilled Human Resources.
Increasing investment in real assets (Capacity Expanding), Inflow
of FDI (Foreign Direct Investment) across Industrial sector.
Strengths
9. Literacy rate is very low, and thus illiterates are easily
exploitable.
A large part of India’s population is still below poverty line.
Presence of Vast Industrial sickness.
Inadequate and poor quality infrastructure cost and time
delays.
Unawareness regards Quality-Standardization.
Absence of greater technology impetus.
Weakness
12. Opportunity
Proper implementation of policies for rural development as most
of the population resides in rural India.
Growing number of overseas investment and acquisition by
Indian Firms.
Growing Competition of Indian industry due to focus on
efficiency and quality.
Tourism industry must be taken in count as it will help raise our
foreign reserves and employment opportunities.
Growing recognition of “Made in India” brand in global market.
13. Corruption, Ignorance & Complacency.
Terrorism.
Rising inflation, hording, black marketing.
Heavy competition in manufacturing field from developed
countries.
Power crises and the virtuous growth cycling manufacturing
sector.
Threats
14. TOWS Analysis
TOWS
Analysis
Strength Weakness
Opportunities
S-O
1. Having strong PPP, high level investment
can be done in Infrastructure & IT/
Engineering Sector (S7, O7).
2. Having large skilled labour can help in
globalization & e-Commerce (S3, O1, O2).
3. Having Demographic dividend, skilled
workforce can help in Modernization &
Domestic market on large scale
(S2,S3,O3,O6)
W-O
1. Globalization, Modernization & e-
Commerce can reduce the percentage of
Unemployment & Increase the
infrastructural Growth(W2,W3,O1,O2,O3).
2. Abundance of Natural resources & high
level investment can increase the rate of
productivity & decrease the poverty rate
(W5,O4,O7).
3. Higher the literacy rate, higher the
awareness ( O1, O8, W8).
Threats
S-T
1. Abundance of Natural resources,
skilled workforce makes India strong
competitor (T1, S2, S3, S4, S5).
2. Having the 3rd largest Indian armed
force, terrorism activities can be
reduced (S7, T4 ).
W-T
1. Lagging behind globally because lack of
technology ( W3, T1).
2. Bureaucracy leads to corruption ( W5, T4).
3. Population explosion leads to poverty,
illiteracy, unemployment ( W9, T6).
4. Red-Tapism leads to corruption which
obstruct us to develop (W7, T6).
15. As TOWS analysis shows the area in which India has to recover. If India
follow this analysis, results are before you in the form of:
“Make In India” – “Made In India”.
“Mars Orbiter Mission” – “Technological Growth”.
“Yamuna Express Highway” – “Infrastructural Growth”
“Mumbai Metro Line” – “Infrastructural & Technological Growth”
“Wind Power Project” – “Production Growth” and many more….
Indian Economy is Robust in Nature. The prediction of economists will give
us a better tomorrow.
Conclusion
