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RUSSIA PESTLE ANALYSIS Presentation Final
RUSSIA PESTLE ANALYSIS Presentation Final
RUSSIA PESTLE ANALYSIS Presentation Final
Presented By:
Amit Doshi Dhiraj Khude Neelima Nikalje Gaurav Rane Neeta Varkala
Copyright Wondershare Software
Introduction to Russia
Capital Ethnic Makeup : Moscow : Russian 81.5%, Chuvash 1.2%, Moldavian 0.7%, Religions Government Population Area Neighbor Country : Federation : 142 million : 6.6 million sq. miles : Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Tatar 3.8%, Bashkir 0.9%, other 8.1% Ukrainian 3%, Belarusian 0.8%,
Social
Russian Family
Families are small, often with only one child because Dependency upon all its members. Live in small apartments. 2 or 3 generations sharing little space.
Meeting Etiquette
Bone crushing handshake + Direct eye contact + Greeting for day & Time. For female friends meet, they kiss on the cheek 3 times For close male friends meet, they may pat each other on the back & hug
Naming Conventions
First Name + Middle Name +Family Name Middle name contains -vich' or '-ovich' for a male, -avna' or '- ovna' for a female. Close friends, family members, close acquaintances may call by their first name.
Technology
Most significant technological achievements in 20th century
The world's first spacecraft The first astronaut. The country is one of the five recognized nuclear weapons states. Possesses the largest stockpile of weapons of mass destruction.
Tech Tour
Best technical event Bringing together international investors & inspiring local entrepreneurs. It has amazing & variety of different innovative ideas & projects from all over Russia.
It is not only outstanding platform for making new contacts but futher more helps to deepen the relationship among all Russia interested people.
The final trip to Kazan was totally impressing and gave all international participant a wonderful view on professional Russian innovation management
Economic
Any economy depends on two things
Sufficient Supply
World Renowned Human Capital: 7th in the world with, 75 million workers, 99.4% literacy rate, 41 Russian Nobel laureates Largest Land: 1st in the world with over 17 million sq. meter Natural Resources: Reserves of most metals, energy resources to supply any venture
Sufficient Demand
Largest Consumer Markets over 139 million of people
Economy ranks as the 8th largest by nominal GDP Economy ranks as the 5th largest by purchasing power parity Dynamic Economic Growth in Recent years
Since 2000 to 2010, Russias GDP growth has averaged 5.3% per year even in 7.8% fall in 2009 Growth in real GDP : 7.7%(2006) to 4.0% (2012) Growth in Industrial production : 6.3%(2006) to 8.2%(2012) Growth in Capital investments : 16.7%(2006) to 6.0%(2012) Growth in Real personal disposable income : 12 %(2006) to3%(2012)
Political
Russia is a Federal State with a republican government consist of 89 constituents. President election is done in every 4yrs.
became the successor state of the Russian SFSR following the dissolution of the Soviet Union in 1991
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International
Russia and India have to cooperate under conditions of acute competition on the global market for goods and services. Russian companies in India & Indian companies in Russia have to fight to participate in public tenders and compete with major global producers. Taxation System is most generous non-offshore tax structure in the world, aimed at promoting investment & further developing the economy to attracting investor. On the base of above Russia is preferred destination for international business
Indias accrued investment in the Russian economy amounted for US$1.2 billion. Russia and India also agreed to establish a joint venture to produce navigation equipment for the Russian equivalent of Global Positioning System (GPS) GLONAS ICICI Bank has opened its subsidiary in Russia ICICI Bank Eurasia. TATA Motors organised the assembly in Ural Auto Motor Plant & Volzhanin and Samotlor plants TATA Tea is implementing projects in the Russian food industry with (TETALY Ltd) Dr. Reddys Laboratories Ltd. and Lupin Ltd. in pharmaceutical sector Berger Paints in paints production Carborundum Universal Ltd. (Murugappa Group) has purchased an 84% stake in the Volzhsky Abrasives Plant in the Volgograd Region. Other Indian companies, including OVL,GAIL (India) Ltd, Indian Oil Ltd (oil and gas sector), Coal of India (coal mining), Reliance Industries Ltd (petrochemicals production), TATA Consultancy Services and Infosys (information technologies) are looking into investment possibilities in the Russian economy.
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Natural Resources
Natural resources potential of Russia is over 20% of the worlds reserves
1st in the world for gas reserves (32% of worlds reserves, 30% of world production)
1st place in reserves of iron ores 2nd largest potassium reserves 2nd in oil production (10% share of world production) 2nd in tin 3rd in coal reserves (22 coal basins, 115 fields) 3rd in lead
Largest reserves of water in lakes Largest diamond deposits Enormous fish reserves Forest resources (Taiga contains 1/3 of worlds timber) Raw materials, especially oil, natural gas, metals, and minerals, have dominated Russia's exports Company Logo
Recommendations
Russia need to focus on political, legislative and administrative environment(corruption) Need to improve quality of education with also labor skills , HR. Research and innovation also entrepreneurial
environment.
Action Plan Steps :
Reduce Operational barriers Collaborative to innovative Enhance regional attractiveness Improve business education.
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Thank you