International Journal of Innovative Research and Development

Abstract

Food industry consists of multiple businesses that provides all of the food for the entire population on the earth. The sector plays a tremendous role in the overall development of a country by providing large employment opportunities. To make a comparative study of Indian food industry as compared to other countries, a study has been made on BRICS and the neighboring countries of India, using a powerful model DEA which evaluates the technical efficiencies of all the countries relative to the most efficient frontier.

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Abstract

The Indian aviation industry is growing at a very high rate and this growth rate has been estimated to sustain for the next 10 years, making India one of the largest aviation market in the entire world. There are several factors and government policies like the increase in number of low cost carriers, strategic partnerships and initiatives by various airlines, government policies promoting foreign direct investment (FDI). In this research paper we aim to present a scenario analysis of four major players of the Indian aviation industry by conducting a financial and comparative analysis for the year FY2013. The year 2013 was a difficult year for Indian aviation with kingfisher reporting huge losses along with other airlines. Only airline to have had a good year was Indigo which reported profits during the same time. Financial ratio analysis can prove to be very crucial in understanding the reasons behind such differences in the performance of these major Indian aviation companies and to comprehend the factors that lead to such performance. The financial ratios of four major players in the Indian aviation industry vis-à-vis IndiGo Airlines, SpiceJet Airlines, and Kingfisher Airlines were compared with the average industrial ratios, thus providing inferences on the financial health and performance of these companies with respect to the industrial standards. We also did comparative study of diverse financial ratios of all these four major players for the year ending March 2013 in order to understand the reasons behind the success or failure of a particular company in a particular department as compared to others over time.

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