Published on December 23, 2013
Polystyrene demand has shown some improvement in Indian market. But still domestic players believe there is some demand gap in the market. Polystyrene prices continuously fluctuating due to that proper decision cannot be taken by the traders and users. Due to fluctuation in Styrene prices, Polystyrene prices have increased on Wednesday in Asian market.In all types of Polystyrene like GPPS (general purpose Polystyrene), HIPS (High Impact Polystyrene) and EPS (Expanded Polystyrene) shows increment ..
Published on December 23, 2013
Current year shows mixed trend for textile industry. Reason for such mix trend is said as rupee depreciation helped make country’s export competitive, on other side hike in input costs and high finance costs lower the margin. With rupee depreciation industry has noted good growth for the current year. Many big players has noted good hike in there net profit due to export. This year noted hike in textile export as well which was negative from last two years. India’s textile expor ..
Published on December 23, 2013
A Plastic Park project is being planned by government in Kannur on 40-acre land with the investment of Rs.2000 crore. At present plastic parks are planned in Uttar Pradesh, Gujarat, Karnataka and Madhya Pradesh. Plastic manufacturing companies will come to invest in this park according to All India Plastic Manufacturing Association (AIPMA). According to a study report plastic industry is expected to make investment of $10 billion for further increase in capacities during next five years.Rec ..
Published on December 23, 2013
With year ending every industry is busy in making out their calculations and deciding their profit margins. Although in current scenario industries like laminate and dyes are badly affected due to hike in raw material prices. But for pharma- the industry is so huge that the impact is there but gains are also there in the same path. With globalization pharma industry has grown by leaps and bounds but it has suffered setbacks as well. Industry is leading in the world of generic drugs but the leg ..
Published on December 23, 2013
Adhesives products have been the trusted choice worldwide. The Adhesive segment dominates the global adhesives market, with a share of more than 75%. With the huge market potential and growing preferences adhesive market is showing considerable growth. Adhesives are becoming popular due to their fast setting speed, relatively low cost, and low environmental impact. Adhesives touch every part of our lives and it is applicable almost in every manufacturing sector from packaging to textile. ..
Published on December 16, 2013
The paint industry in India has been affected by overpricing of chemicals in the international market. Paints are segregated into two segments: Decorative paints and industrial paints. India’s decorative market is expected to grow at a CAGR of more than 15% during 2012-2015.Decorative segment in India is growing at a positive rate and is expected to accelerate its growth in coming few years. The paint industry has been playing very vital role in the Indian growth trajectory. Increase in t ..
Published on December 16, 2013
According to recent article, fertilizer sector has been one of the core sectors of our country and registered a growth of 4.1% which is a good sign as compared to last year. Government is trying to focus more on usage of organic fertilizer in farm land for the growth of business. Southern Petrochemicals Industries Corporation Ltd. (SPIC) is planning to sell its electronic components subsidiary (SPEL Semiconductors) to Singapore based Natronix Semiconductors. This move is taken to release t ..
Published on December 16, 2013
Mr. Vince cable, UK’s Secretary State for business, Innovation and Skills is on 4-day visit to India, said that Indian companies can invest in the textile sector in the United Kingdom. He said that Government of UK is encouraging the revival of this industry and Indian companies can also invest in this. Mr. Cable said that in UK textile industry has virtually closed and there were hardly any mills that were operating there, but now it is changing now. He added that trade volume between Ind ..
Published on December 16, 2013
India has been very lucrative market for the Global cosmetic industry. India being developing country provides bounty of opportunity to leading cosmetic manufacturers. In a recent article Indian head of L’oreal India said that they expect 10-15 percent growth in the Indian market. The company believes that India has got good potential for the growth in the domestic market. According to them market size for professional skin and hair care is around Rs 2,500 crore in urban market. The c ..
Published on December 9, 2013
Cosmetic industry has always attracted the foreign investors. Indian market has been very lucrative for many of the international brands. This sector is such that everyday a new variety of product is launched. The criterion of that product usage is defined by the manufacturers themselves. Later they convince their message and create demand among consumers. Moreover the industry is such that manufacturers know that their customer will not hesitate in spending their money. Every day a new kind of ..
