Published on August 2, 2017
After the implementation of GST dyes and pigment sector is witnessing shortage of supply. Organized players in the industry will get benefit from the transition as around half the sector’s turnover comes from unorganized players. Most of the mid-size manufacturers have curtailed their overall production and in some cases stopped the process, and are unlikely to revive it before second week of July. In the B2B segment, some of the manufacturers have given directives to industrial clients t ..
Published on July 29, 2017
The Indian textiles industry, currently estimated at around US$ 120 billion and is likely to reach US$ 230 billion by 2020. In the textile sector, the mood is optimistic. Analysts of all hue and leanings are convinced that the Goods and Services Tax (GST) regime is a indication of glad tidings for all. As per report, the players in the textiles sector are planning for major expansion in production and trade. Market players have turned out to be visionary. In earle moves, the GST Council ..
Published on July 12, 2017
Domestic consumption of plastic is anticipated to touch 20 million tonnes by 2020, the Indian plastic industry in India has a big growth potential and is probable to reach $73 billion in FY 2020. Plastic is one of the fastest growing commodities in the world offering great investment opportunities. The per capita consumption is increasing at a fast pace. Change in technology and growing consumerism brings abundant opportunities for the sector. Recent plunge in crude oil price has helped many c ..
Published on June 28, 2017
The Indian paint and coating industry is riding high with the expansion in the housing segment and improving infrastructure throughout the country. The Indian automobile industry is also performing remarkably well and will benefit the paint industry players. Market players have said that for the next five years it is anticipated that the automobile industry will grow to 8 to 9 percent in compare to last year’s growth level. With the intensification of automobile industry it is safe to pre ..
Published on June 12, 2017
The absence of workers in wood panel, laminate and furniture industry has again proved to be a big reason for plunge in production nationwide. On account of manpower shortage the production of plywood industry has plunged by 40 percent recently. The flow of wood panel orders was good during March and April but majority of manufacturers are missing the supply deadline because of labour crisis. Market players have said that after June second week sufficient manpower will be available. As per rep ..
Published on May 3, 2017
Government has been positive to implement GST from 1st July. Manufacturers are aware that offering of marine grade plywood definitely will help them to fight competition with brands after GST. Market players have said that GST will open new era for those plywood makers who are working as organized manufacturers. Reputed mid segment plywood producers looking for better order flow in marine ply grade future to increase supply of genuine ply grade. Which they expect will help them in market after ..
Published on April 27, 2017
The global epoxy resins construction market collected revenue of US$ 1731 million previous year. And presently the epoxy resin market is growing at a compound annual growth rate of 8.69%. As per source information, epoxy resin material having low curing time, excellent chemical resistance high strength and flexibility due to this it can be use easily in various applications such as coatings, adhesives, composites, construction material etc. Apart from this the construction industry contri ..
Published on April 12, 2017
The Indian paint market which was around Rs 40,300 crores in 2014-15 is expected to reach Rs 70, 875 crores by 2019-2020 years and is likely to see a 20 per cent compounded annual growth rate until 2017. As per market players, with the increasing demand from retail consumers, on rapid urbanization, and development of rural markets the industry will reach the level of Rs 62,000 crore in the upcoming two years. As per recent research The Government is anticipated to continue with its ..
Published on April 3, 2017
Indian pharma industry is expected to register moderate growth largely owing to increased regulatory inspection and consolidation of supply chain in the US market. As per source related to Industry that continued regulatory interventions in domestic market are probable to put some pressure in near term though long-term growth prospects for domestic pharmaceutical market remain healthy given increasing penetration, accessibility and continued new launches. Report said the domestic pharma indust ..
Published on March 23, 2017
The first two months of 2017 have passed and the demand for plywood has increased with soft velocity. As per recent condition during 2017-18 demand for veneer would be slow from retail market, as post demo from last 2-3 months it is also moving with slow velocity. Previous month the sudden increase in the phenol and formaldehyde prices has pushed the manufacturers to increase the prices of its finished products. The plywood players will increase the prices of their finished products as their co ..