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    Pohang Steel Company: A Pestel Framework Analysis

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    Ayush Dharnidharka
    Pohang Steel Company conducted a PESTEL analysis to understand the external environment for their proposed steel plant in Odisha, India. The analysis showed: 1. The project faced significant political opposition from local protest groups who argued it would adversely affect the livelihoods of fishermen and adivasi communities by displacing them and destroying forests. 2. There were also environmental concerns about the impacts of the large scale project on local water resources and habitats. 3. Socioeconomic issues included the lack of laws around natural resource usage and the rights of indigenous groups, as well as the arrest of protest leaders for opposing the project.

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    Pohang Steel Company: A Pestel Framework Analysis

    Uploaded by

    Ayush Dharnidharka
    92 views8 pages
    Pohang Steel Company conducted a PESTEL analysis to understand the external environment for their proposed steel plant in Odisha, India. The analysis showed: 1. The project faced significant political opposition from local protest groups who argued it would adversely affect the livelihoods of fishermen and adivasi communities by displacing them and destroying forests. 2. There were also environmental concerns about the impacts of the large scale project on local water resources and habitats. 3. Socioeconomic issues included the lack of laws around natural resource usage and the rights of indigenous groups, as well as the arrest of protest leaders for opposing the project.

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    POSCO Presentation_Assignment 1.pptx

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    Pohang Steel Company conducted a PESTEL analysis to understand the external environment for their proposed steel plant in Odisha, India. The analysis showed: 1. The project faced significant political opposition from local protest groups who argued it would adversely affect the livelihoods of fishermen and adivasi communities by displacing them and destroying forests. 2. There were also environmental concerns about the impacts of the large scale project on local water resources and habitats. 3. Socioeconomic issues included the lack of laws around natural resource usage and the rights of indigenous groups, as well as the arrest of protest leaders for opposing the project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    92 views8 pages

    Pohang Steel Company: A Pestel Framework Analysis

    Uploaded by

    Ayush Dharnidharka
    Pohang Steel Company conducted a PESTEL analysis to understand the external environment for their proposed steel plant in Odisha, India. The analysis showed: 1. The project faced significant political opposition from local protest groups who argued it would adversely affect the livelihoods of fishermen and adivasi communities by displacing them and destroying forests. 2. There were also environmental concerns about the impacts of the large scale project on local water resources and habitats. 3. Socioeconomic issues included the lack of laws around natural resource usage and the rights of indigenous groups, as well as the arrest of protest leaders for opposing the project.

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    Pohang Steel Company

    A Pestel framework analysis

    GROUP-H1
    Ayush Dharnidharka 2018PGP011
    Kodaru Sai Rahul 2018PGP020
    Sachin Agarwal 2018PGP040
    Shalu Chauhan 2018PGP046
    Shruti 2018PGP051
    Yash Choudhary 2018PGP058
     Ruling BJD government wants to project Orissa as the
    state with highest FDI if the POSCO project gets
    clearance
     An anti-POSCO movement was led by Abhay Sahoo to
    protest against the project
     Another political player in this conflict was the South
    Korean government where the president Park Geun-
    Hye while on her visit to India in 2014 lent her voice
    to the efforts

    2
     Overall economic development due to-
    1. creation of new jobs and opportunities
    2. industrialization of the region
     Livelihood of thirty thousand small scale fishermen
    will get affected
     Number of people affected is 2.5 lac whereas
    employment is just for 48 thousand
     Government is incurring a loss of 1620 crores in the
    overall deal taking the time frame in consideration

    3
     The loss of forest lands translates directly to losses in
    livelihood , especially of adivasi community
     It adversely affected the livelihood of the people at
    the plant, port and mining site
     Formation of protest groups like PKSS(POSCO Kshati
    Grasth Sangharsh Samiti) against the project

    4
     Finex is an alternative to traditional Blast Furnace iron
    making process, which releases harmful gases in the
    environment
     POSCO aimed to reduce air and water pollution by
    using industry leading processing system
     There have been developments in low carbon
    technology for effective recovery of heat wasted in
    different iron and steel making processes

    5
     The plant would require a lot of water supply which
    would affect the water consumption of local residents
     Forest and habitat destruction around the mining area
    will be massive
     The natural resources are depleted at a faster rate
    which in turn disturbs the balance in ecology

    6
     Declared section 144 to restrict public mobility and
    gatherings
     On the 12th October 2008 Abhay Sahoo leader of PPSS
    was arrested and charged with 25 criminal cases
     Absence of laws on judicious use of natural resources
     PESA Act 1996 and Samata judgement haven’t been
    implemented

    7
    THANK YOU

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