Published on February 25, 2014
Growth of plastic industry has been phenomenon in the past decade. India ranks third after USA and China, as the largest consumer of polymers. Growth in the end user sector like packaging, telecom, consumer durables, non-consumer durables, automotive and many more are has contributed to the increased consumption. Increase in the per capita income of an average Indian and modernization of society has compelled the industry to go for more development and advancement. According to recent repor ..
Published on February 25, 2014
Recently the interim budget has been announced with a mixed bag for production industries in the region. The textile industry is also slightly satisfied with the points announced in this budget but at the same time SMEs are disappoinnted. Recent budget has reduced the excise duty from 12 to 10% for all capital goods, this has been one of the positive points for the industries because there has been slowdown in the investment for export sectors. The other positive of the budget was related to te ..
Published on February 17, 2014
Indian market is growing on world scale in the chemical industry. The scope and diversity of chemical manufacturers and marketers are on constant rise. Polymer industry is one of the leading categories of chemical industry. There has been increase in the polymer utility and its application areas. At present the Polymer industry is segmented into three different categories of business sections. The first one of these segments is Speciality Polymers. This segment includes various businesses like ..
Published on February 17, 2014
The Textile industry is growing with a very slow pace from past few years, but last year it had shown good improvement because of increased exports. The Ministry of Textiles has taken several steps for the growth and development of Indian technical textiles industry. Market players say that they will restart some of closed mills in near future for the development of the industry. In a recent conference held in Ahmedabad, Gujarat, textile traders and experts from all over the country and abroad ..
Published on February 17, 2014
Fertilizer subsidies are a key driver of world fertilizer consumption and the countries subsidizing fertilizers was estimated for about 55% of world demand. Most countries in developing Asia subsidize fertilizers. In recent years, India had seen a surge in its fertiliser subsidy budget and as per the estimates of fertiliser ministry, for the year 2014-15 the fertiliser subsidy had pegged at around Rs. 70,000 crore which is marginally higher than Rs. 68,000 crore meted out in 2013-14. In the rec ..
Published on February 17, 2014
Growing beauty concerns and rising purchasing power among the men and women are boosting the demand for cosmetic products. In India, the beauty care market consists of salons, cosmetic treatment centers and cosmetic Products. Among this cosmetic product is likely to become the main contributor to the growth of Indian beauty industry. India has about 1,000,000 numbers of Salons & this number is constantly growing, Women contribute to over 85% of the Salon industry. The Spa and b ..
Published on February 10, 2014
Cosmetic products are being used since old days and nowadays it appear like a booming economy in India. In the next five years, India is expected to be the star performer in cosmetics sector which in turn is going to boost the global market. The value of the market will increase from current estimate of Rs. 10000 crore to Rs 20000 crore this fiscal. The Indian Cosmetics Industry is defined from skin care to oral care segments. Currently, the market size of the cosmetics industry in India&n ..
Published on February 10, 2014
Demand from the industries like plywood and laminates is gradually improving and that has resulted in good demand for Adhesive industry. But still industry players said that there has been a money crunch situation in the market.Industry sources said that demand was not good for last some weeks but now it has improved and will increase in future. To cater the growth in demand for the country with a huge population industry is planning to expand its capacity. Market expects more quality investment ..
Published on February 10, 2014
Compared to the fertilizer industry around the world, the domestic fertilizer industry has by and large achieved the level of capacity utilization.In the coming fiscal year, India Ratings & Research (Ind-Ra) anticipate constrict in operating profit of Urea companies. Under the new urea investment policy in 2014-15, it has lined out the prospects of commencement of the implementation of Greenfield and Brownfield urea projects. In the first half of the Fiscal year 2013, the sales of fertilizer ..
Published on February 10, 2014
The agony of rejection of drugs from major plants has been haunting the Ranbaxy officials. Post this issue there started a series of verbal altercation between the employer and employee. Company said that some of the employees are doing it intentionally to defame the company name in international market. On the other side employees were furious on this cover-up act of management. Government has advised the company to focus on their basics and should strict actions to comply with the standar ..
