Published on March 16, 2015
The textile sector has been operating at moderate level in India. In the month of January the textile industry announced about its current growth potential in the country. The industry may cross the turnover of USD 350 billion by 2025. The industry generates annual revenue of around 100 billion dollar. In order to accelerate its growth the industry has asked the government to cut down excise duty on man-made fiber. The current imposed excise duty is of around 12 percent which has to be kneeled ..
Published on March 11, 2015
Indian pharma sector expects slowdown in exports for the fiscal year 2015. The reason behind his shortfall is delayed regulatory approvals and consolidation of pharmacy players in North America along with continuous depreciation of the currencies of emerging markets like Russia, Venezuela and Ukraine and many more. According to the market research analyst, for Indian pharmaceutical companies the acceleration in domestic growth is a good sign and must reflect in their results for the quarter. I ..
Published on March 11, 2015
All laminate market players are ready to expand their grip due to slowdown and rising competition. With improving supply of decorative laminates, the market is anticipated to have penetrated in an aggressive competition. As per the market players, companies are working hard to maintain its sales numbers owing to this they are using smart marketing option to boost up their grip on dealers. GCP source said that currently laminate market is looking like heavy sale season as all the laminate ..
Published on March 2, 2015
The coatings market is experiencing enormous growth which is expected to continue in the near future. The growth in the market is driven by emergence of the middle class in India, growing infrastructure, increase in the tendency to spend and growing young population inclined towards lavish lifestyle. On account of this, it is anticipated that the sector will attain a CAGR of around 16.2 % till 2016. The Indian paint market is growing with a rapid pace, wherein the decorative paints ma ..
Published on March 2, 2015
Textile sector has been operating at moderate levels in the country. This sector needs extra focus from government as the sector has been struggling from last few years to book profit for the manufacturers. In a recent move the government heading textile department has directly made a request to PMO office for rationalization of duties. Around 12% of excise duty is being imposed on man-made fibers where as no duty is imposed on cotton fibers. This disparity has been a major irritant in the devel ..
Published on February 23, 2015
Asian Paints, India’s leading paint manufacturer, has completed its deal to acquire 51% stake in the Ethiopia-based Kadisco Paint and Adhesive Industry for USD18.95 million. Kadisco, one of the leading paint companies in Ethiopia, is engaged in the manufacturing and selling of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia. Indian firm had acquired the stake in Kadisco Paint through its indirect subsidiary Berger International Limited (BIL ..
Published on February 23, 2015
The rising beauty concerns among both men and women are impelling the Indian cosmetics industry, which has witnessed a strong growth in the last few years. New product launches catering to consumers growing requirements will fuel growth in the industry, for which the future outlook seems exceptionally bright. According to report recently all the manufacturers are working on the growth of the industry, for the growth and development they are looking for the low cost innovative products which wil ..
Published on February 23, 2015
Polyester prices from past few weeks have been reacting well to the fall in the energy values. Prices for crude oil have remained volatile since past few weeks. The basic feedstock for polyester is Ethylene. The impact on Ethylene prices has been minimal. This in turn has affected the polyester prices in Asian countries. According to experts, the recent fall in naphtha and crude had an immediate impact on the polyester market. Since last few months there has been consistent declin ..
Published on February 9, 2015
India is one of the leading exporters of Textile across the world. Again the Indian textile has the unique combination of fabric with extreme popular thread work which has garnered its demand across the world. With growth of economy the fabric and textile are such sectors which can bring huge investment in the country. The government need to encourage its textiles and unique work which has remained in demand in past. Indian government is emphasizing on building of textile parks across the coun ..
Published on February 9, 2015
As per the study, plywood industry did not see any recovery previous year but this year is set to bring healthy demand from construction purpose plywood. Market players are hoping for the best for this fiscal as government is planning for building infrastructure, affordable housing and smart cities projects. Recent report said that the threat of inflation has completely submerged, and borrowing rates are sure to go down from the current level. This will encourage the potential buyers planning t ..
