Author Information

Steven Spicer


In addition to India currently being the second most populated country in the world, economists at Goldman Sachs have listed India as one of the five BRICS countries (Brazil, Russia, India, China, and South America) projected to be most dominant economies by 2050. In spite of the rapid growth in India’s economy, there are still many serious issues affecting the majority of its people. The US Energy Information Administration reports that roughly 25% of India’s 1.2 billion people are living without access to electricity; which translates to 300 million citizens without power (EIA, 2013). Various estimates put India’s energy supply to just 90% of its demand (Singh, 2012). To counter this deficit, the government of India is encouraging both foreign and local investment in energy production, particularly from the development of small hydroelectric power (SHP) plants. The purpose of this paper is to provide a strategic analysis of SHP projects in India, primarily in the state of Himachal Pradesh. Two frameworks, Strengths, Weaknesses, Opportunities, and Threats (SWOT) and Political, Economic, Social, Technological, Legal, and Environmental (PESTLE) analyses, are used to map out factors in the macro-economic and meso-economic environment surrounding SHP development in India.

Note on the Author

Steven Spicer is a General Management Major in the Ricciardi School of Business. This research bgan in the spring of 2013 and continued with field research abroad in India the following summer under the direction of Dr. Martin Grossman (Management) and Dr. Madhu Rao (Geography).

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