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 ..
Published on March 8, 2017
The Indian Textile Industry is one of the economies largest. Presently the textile industry accounted for around USD 108 billion and is anticipated to reach about USD 128billion in the coming four years. As per recent news, The Indian government has come up with a number of export promotion policies for the textiles sector. India’s first integrated textiles city, which will largely cater to the export market and build a brand for Indian textiles abroad, is likely to be set up in the state ..
Published on February 27, 2017
The prospects of the Indian beauty industry look bright, with the colour cosmetics segment predicted to continue its dominance over the market landscape. The colour cosmetics market accounts for 90% of the cosmetics market share. Especially with the advent of low and medium priced cosmetic goods that are high on quality, the colour cosmetics market is projected to bring in substantial revenue in the coming years. The Indian beauty, cosmetic and grooming market is expected to reach USD 20 billi ..
Published on February 7, 2017
The Union Budget has mentioned certain budget proposals, however, has failed to specifically deal with impending challenges directly affecting the key industry, said by market players of Pharma sector. However, This year the move to eradicate certain NCDs, the proposal to set up two new AIIMS, additional post-graduate medical seats, proposed amendments in the Drugs and Cosmetics Rules and new rules for medical devices are welcome. The Pharma Sector had great expectations from the Budget not on ..
Published on February 1, 2017
From past several years Indian paint Industry is growing with a good pace. But the per capita paint consumption is still low as compared to the developed western nations. The paint sector is raw material intensive, with over 300 raw materials involved in the manufacturing process. Since most of the raw materials are petroleum based, the industry benefits from softening crude prices. Presently crude oil prices are rising with a good rate of note and demand from real estate sector has been decli ..