Global & International Business Contexts in India - Assignment ExampleThe paper throws light on India, the land of potential because of its growing population therefore it is economically beneficial to evaluate its national market. Porter’s National Diamond framework allows country specific analysis so that a firm may decide to expand into a suited country. The four pillars of the model are factor conditions, demand conditions, related and supporting industries, firm structure, strategy and rivalry. Using these four factors PND model aims to evaluate national competitiveness and to study a firm’s ability to operate in a national market. It is therefore a very relevant tool for country specific analysis. Below each of the four factors of the model will be explained with respect to India. Factor conditions entail those factors in a country that can be of advantage to the firm. Basically all the conditions that a firm can exploit in an economy are included in factor conditions. India has an abundance of labor.
