Published in Real Estate and Construction category by MBA Skool Team
Hindware is one of the leading brands in the real estate and construction sector. Hindware SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Hindware:
HSIL is the first company in the Building Materials Industry to be awarded the prestigious ISO 9001, 14001 and OHSAS 18001 certificate
It is the first in India to receive the ISI License, back in 1962
HSIL has been recognized amongst the top 300 companies in India and has also been rated by Forbes magazine amongst the top 100 small and medium sized companies in the world
Hindware has been recognized as a Superbrand consecutively for many years
Hindware manufactures 2.7 million sanitaryware pieces each year
Hindware possesses the most committed distribution network in India's building products industry.
Above are the strengths in the SWOT Analysis of Hindware. The strengths of Hindware looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Hindware is famous majorly in India but around the world, its awareness is lesser.
Intense competition means limited market share growth
These were the weaknesses in the Hindware SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Hindware should leverage its brand equity and come up with brands in new construction materials category by implementing Umbrella Branding.
It can build up a strong distribution network to ensure its presence in all the parts of the country
Global expansion can help boost business
Above we covered the opportunities in Hindware SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Hindware is facing a tough competition from regional players in the market.
Competitors are offering lucrative schemes to distributors so that they push their products. Hindware should also look for trade promotion schemes.
The threats in the SWOT Analysis of Hindware are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
General and Premium customers living in Tier I and Tier II cities or builders having projects in Urban areas
A brand with quality and trust
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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