Published on December 21, 2015

Recently some of the plywood players are very hopeful that as GST will come into effects demand for plywood will grow up.

All the plywood players are very hopeful for near term demand prospects. Presently mid segment players are selling their products around 15 to 20% cheaper in compares to branded players, but after the GST implementation brands also will minimize the price gap.

GST is going to reduce taxation cost. It is going to benefit all the segments due to smooth taxation system. This will enable to market players to do business without fear. With the implementation of GST mid segment players can expand their business in more systematic and smart way.

Some market players said that Indian growth outlook is having many new entrants in distribution and trading segment. They are hoping for early arrival of GST. Once it will applicable it will be growth driver as it is going to offer level playing field to new traders.