Published on February 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 2, 2015
Recent report said that 2015 would be turnaround year for all the wood panel industry. Presently all the market players are finding emerging trends in the market so that industry attains the profitability and grown-up to do bigger and better business. Source said that due to plunge in the prices of crude oil the prices of phenol formaldehyde registered a decrease of about 50 percent and the prices of face veneer also have gone down by about 15 percent owing to import of face veneer from countri ..
Published on February 2, 2015
In India owing to rise in popularity of colored varieties demand for pigments are escalating rapidly. With the help of good technical expertise and R&D achievements n near term many new dyeing technologies are coming into market. As per report many new construction projects are in line which will escalate the demand for paint and coating owing to this consumption of dyes and pigments also will take positive move. The Indian dyestuff sector has recorded strong growth in recent years, benefit ..
Published on January 19, 2015
Presently the paint industry is trying to bring the elements of colors and happiness in promoting demand for decorative paints. Recently the industry is awaiting manufacturing and infrastructure growth in the country to witness improvement in demand from automation segment. In the next 10 years, application of new manufacturing processes and automation will bring about quality revolution in the paints industry in the country. Source said that West Bengal has a huge opportunity in paint sector. ..
Published on January 19, 2015
At the cost of the government and farmers a widespread shortage of urea has been created where few fertiliser dealers are benefiting. Moreover as per the industry experts, for few dealers and traders who have indulged in black marketing, this shortage of urea have proved to be a boon and in compare to the official prices of urea, the prices of urea are been sold at a double rate depending on the market condition. And at the same time as the government is laden with a massive subsidy payout, ..
Published on January 12, 2015
Crude prices continue to doom in international market. Last week crude prices closed at $48.36 /bbl and Brent at $50.11/bbl. Depletion of crude prices by more than 50 percent in span last six month has affected the petrochemical market globally. Prices of all the petroleum by-products have slashed significantly in recent weeks. The polyester no more remains unaffected by this change. It has been trying to adjust in the changing scenario but could not hold its prices. Slowdown in the Para ..
Published on January 12, 2015
For almost all the drug manufacturers the year 2014 was an action-packed and the party in pharma stocks had continued too in 2014, as the BSE Healthcare Index had profited around 45%. However as per the industry experts, the rally was assisted by a strong growth in revenue and profits of drug makers, due to healthy growth in exports, coupled with the depreciation of the rupee and recovery of demand in the domestic market. Moreover for the first time in the month of July, 2014 the drug price reg ..
Published on January 12, 2015
According to a research reports, in India the industrial paint market is growing at a high rate backed by a boost in demand in automobile sector. The sector is anticipated to grow at the rate CAGR by 13% in since 2014-2018. However the growth in the Indian paint market is driven by rapid urbanization, emergence of the middle class, increase in disposable incomes, growing infrastructure, increase in the tendency to spend extravagantly and growing young population inclined towards leading a lavish ..
Published on January 12, 2015
Indian online and offline beauty and personal care companies being funded by established global investors, this segment are expected to grow rapidly in the coming year. Indian beauty industry grew almost twice as fast as that of the US and European markets in 2014. According to the Confederation of Indian Industries, the beauty and cosmetic industry is projected to grow between 18-20 per cent per annum in the next couple of years. The beauty industry today includes far more than cosmetics ..
Published on January 5, 2015
With few days left for 2014, the yearly calculation has begun for pharma sector. The overall year remained mixed for Indian pharma companies. With bitter experiences from USFDA, several sanctions, big acquisitions and expansion of Indian pharma companies in foreign land remained some of the major highlights for this industry in 2014. Several Indian drug companies remained under scanner of US and European drug regulation charges. Many drugs were rejected as the manufacturing units could not com ..
