Financial Management Project
Financial ManagementPROJECTon     Analysis of Financial Statements,Evaluation of investment plans based on future projectionsSubmitted By:Group 8Prasad Shetty                15224Manoj Kumar                15219Arushi Agrawal                15303Animesh Shirvastava        15229                                                                        Sakshi Dwivedi            15323Economy of IndiaThe economy of India is the tenth-largest in the world by nominal GDP and the third-largest by purchasing power parity. India was the 19th-largest merchandise and the 6th largest services exporter in the world in 2013. Indias economic growth slowed to 4.7% for the 2013–14 fiscal years, in contrast to higher economic growth rates in 2000s. Agriculture sector is the largest employer in Indias economy but contributes a declining share of its GDP (13.7% in 2012-13). Its manufacturing industry has held a constant share of its economic contribution, while the fastest-growing part of the economy has been its services sector – which includes construction, telecom, software and information technologies, infrastructure, tourism, education, health care, travel, trade, banking and other components of its economy. Industry accounts for 26% of GDP and employs 22% of the total workforce. The Indian industrial sector underwent significant changes as a result of the economic liberalization in India economic reforms of 1991, which removed import restrictions, brought in foreign competition, led to the privatization of certain government owned public sector industries, liberalized the FDI regime, improved infrastructure and led to an expansion in the production of fast moving consumer goods(FMCG).FMCG SectorThe fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy. The market size of FMCG in India is estimated to grow from US$ 30 billion in 2011 to US$ 74 billion in 2018. Food products are the leading segment, accounting for 43 per cent of the overall market. Personal care (22 per cent) and fabric care (12 per cent) come next in terms of market share. Growing awareness, easier access, and changing lifestyles have been the key growth drivers for the sector. What are FMCG goods?FMCG goods are popularly known as consumer packaged goods. Items in this category include all consumables (other than groceries/pulses) people buy at regular intervals. FMCG sector can be broadly segmented into Household Care, Personal Care, and Food & Beverages. In Household Care, Laundry is the largest whereas Personal Care has Personal wash, Hair wash, Oral care & Skin care. Tea/ Coffee, Biscuits & Soft drinks are the largest consumed packaged food products.Household Care: Fabric wash is still the largest portion in household care, followed by floor cleaning, and toilet cleaning. The size of the fabric wash market is estimated to be $1 billion, household cleaners to be $239 million and the production of synthetic detergents at 2.6 million tons. The demand for detergents has been growing at an annual growth rate of 10 to 11 percent during the past five years. Various categories of toilet care, surface care and air care are expected to register healthy growth as manufacturers introduce new and innovative products and as consumers continue to “trade up” to more specialized products for the maintenance of their homes.

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Financial Management Project And Financial Managementprojecton     Analysis Of Financial Statements. (June 16, 2021). Retrieved from https://www.freeessays.education/financial-management-project-and-financial-managementprojecton-analysis-of-financial-statements-essay/