Prince Pipes and Fittings a family managed enterprise in the Indian PVC pipe business – had not only navigated the 2008 Global fiscal crisis, a period when more than 1000 Indian pipe companies had discontinued its operation within 90 days, it had in fact used the disaster as an opportunity to successfully transition from a small and medium enterprise (SME) to a big business through acquisitions.
In 2013, the company faced a hopeless macroeconomic environment of declining GDP growth rates, tight monetary conditions, a pessimistic industrial prognosis, increasing crude prices and a depreciating rupee. In addition, it confronted growing national rivalry. Would Prince manage to reach its goals for 2013/14? Tulsi Jayakumar is connected with SP Jain Institute of Management & Research.
Prince Pipes and Fittings Pvt. Ltd., India Case Study Solution
PUBLICATION DATE: October 21, 2014 PRODUCT #: W14519-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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