Published on March 23, 2015

During the last few weeks plywood players were expecting something good from budget, they were expecting some booster budget for reality and housing sector. But as compared to the expectation the receiving were too little to rejoice.

Market players said that all over budget was packaged on a right direction but nothing much for immediate relief which will enhance the demand factor. Recently all the industry players are expecting to increase the allocation for capital spending in the infrastructure segments which will boost up the demand for laminate sector.

GCP source said that presently industry players are emphasizing to reduce the hurdles for faster execution and timely funding. This will be helping the construction business and finally the wood panel industry as well because growth of the infrastructure will give the positive impact to socio economic scenario in India.  This will boost the demand and volume of the plywood industry.