Published on April 21, 2014
With the starting of new financial year, all the major industries are busy in forecasting their profit margins and estimating the growth of the company in the year 2015. The industry expects the path to be more smooth and soft for this term, after facing a tough year round the clock with issues related to pricing, trade and violation of USFDA norms. Leading directors of companies like Cadila Healthcare, Intas etc. all have got the high expectations for the year 2015. They believe that industry w ..
Published on April 14, 2014
Laminate industry is operating with a positive nodule. Overall costing has come down for the industry due to low cost of raw material. The basic raw material of this industry is operated at very low level. Manufacturers are purchasing the material on need basis and further predictable the prices to go down. Source said, it is very difficult to predict the growth in the Laminate sector alone but there is great revival in this sector not only with respect to export but also for domestic demand.&nb ..
Published on April 14, 2014
The government has revised its subsidy allocation to various categories of fertilizer. The department of fertilizer has firmed up to disposed off the benefit gained by fertilizer industries through access to cheaper natural gas as first priority than to fertilizer subsidy. According to sources the fertilizer industries are getting the benefit of cheaper gas in compare to other chemical industry and further getting the government subsidy in making prices affordable to the farmers, thus allur ..
Published on April 14, 2014
Dyes industry is badly affected from its major usage industry which is textile because of raw material issues. Industry analysts said that at present time industry players are focusing on expansion plans so that it will not hamper the material availability in the market. They said that this market is estimated to grow due to increasing standard of living, growing demand from a wide range of industries such as coatings, construction, and inks. In future, the consumption for dyes is predictable to ..
Published on April 14, 2014
Over past few years, the strong economic growth of India has propelled the Paint Industry to double digit growth and made the fastest growing paint market of Asia pacific. The per capita Paint consumption of India is still dreadfully low despite of fast growth. Over the next five years, this industry has been projected to rise annually at 12-13% from Rs. 280 billion in FY13 to around Rs. 500 billion by the fiscal year 2018.Due to subdued demand across key sectors and rising inflation, the fiscal ..
Published on April 7, 2014
Indian government has agreed with the All India Rubber Industries Association for the implementation of national Policy which will help rubber industry. The Policy designates the Indian rubber industry as a “Sunrise Sector” bringing major improvements to India’s economy, announced on April 1. It will help for the growth of the industry and to transform the Indian rubber industry into a global sourcing hub similar to the Indian information technology industry. A new rubber pla ..
Published on April 7, 2014
From a global collaboration point of view, the Indian pharmaceutical industry is eminent as one of the most esteemed nations amid the emerging nations. With a strong macro and socio economic foundation, this sector has been inherently deeply rooted by the driving factors. Also, with the current speed breakers such as quality issues faced by a few Indian companies have not been dissuaded.Moreover, the Indian pharma sector offers to be a lot optimistic. In the year 2005, the pharma sector was ..
Published on April 7, 2014
With the beginning of new financial term the new policies and decisions are being taken in the agro and fertilizer industries. In a recent move Election Commission has given its consent to government’s decision to increase the fixed cost of Urea to Rs.350 per tonne along with condition that there will be no hike in the selling prices for urea. This move would lead to an increase in subsidy by about Rs.900 crore. Raise in the fixed cost will eventually thrust the cost of production but on o ..
Published on April 7, 2014
Currently Indian adhesive market size is at Rs 60 billion and per capita consumption close to Rs 50. Industry players said that from per capita standpoint, adhesives consumption in India is much lower than the developed economies like USA, Japan and Europe.Demand for industrial adhesives is predictable to widen across a wide spectrum of end markets, with transportation, inclusive of automotive and construction probable to take leading positions. Development of construction, automotive and packag ..
Published on April 5, 2014
A recent research report said that in India the textile chemical market is likely to grow at the CAGR of approx 12% in terms of industry revenue. Major producers of textile chemicals are focusing on product innovation by preparation of eco friendly as well as high end products. Indian government is also taking initiatives to encourage new players to invest in this industry by offering them knowledge about technical textile. Industry sources said that major factor supporting to growth of the text ..
