E-I-C Analysis
Bharti - Airtel

1. Economy Analysis
GDP Growth Rate

Annual GDP Growth Rate
% change over the previous year
12 9.6 9.3 9.4 9.7 8.5 7.8 7.5 8.6 10 8 6 4 2 0 2008 2009 2010 2011 2012 9.4 9.3 8.9 8.3

Industry

Percentage change over previous year at 2004-05 prices at current prices 2010-11 2011-12 2010-11 2011-12 7.0 2.5 17.7 12.6 5.0 7.6 3.0 8.0 11.1 10.4 4.5 -2.2 3.9 8.3 4.8 11.2 9.1 5.9 21.5 14.7 10.2 16.5 18.2 21.7 15.3 15.0 11.9 9.2 14.6 18.7 19.3 15.6

1 Agriculture, forestry & fishing 2 Mining & quarrying 6.1 5.3 3 Manufacturing 4 Electricity, gas & water supply 6.1 5.8 6.3

7.3

5 Construction 6 Trade, hotels, transport & communication 7 Financing, insurance, real estate & business services

8 Community, social & personal services

Figure 1.1 Annual GDP Growth Rate (tradingbusiness.com)

Figure 1.2: Total GDP Industry Wise percentage change (www.indiabusiness.nic.in 8.4 6.9 17.5 15.7

INR performance
1 $ = 55.2028 INR

Rates & Ratios
Inflation Rate: 7.25 % Repo Rate: 8 % Reverse Repo Rate: 7 % CRR: 4.75 %

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Low GDP growth rate implies an economic slowdown in the country due to various factors like the global economic slowdown and policy paralysis within the country. It indicates a lower disposable income with the masses and a decrease in consumerism. High inflation rates partly derived from the poor performance of Rupee, supply chain bottlenecks have forced the RBI to maintain high interest rates which result in slower economic growth.

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2. Industry Analysis
2.1. Growth Rate
  Tele-density has increased from 4.3 in March 2002 to 78.1 in February 2012. The share of telecommunication services (excluding postal and miscellaneous services), as per cent of the total gross domestic product (GDP), has increased from 0.96 in 2000-01 to 3.78 in 2009 -10.

2.2. Government Policies and