Published on November 14, 2016
The whole nation is appreciating PM Narendra Modi for scraping old Rs 500 and Rs 1000 notes. This bold step took the nation by surprise and became a nightmare for black money hoarders. All the industry players have affected by this move, on account of this demand sentiment from buyers have been soft. Recently the real estate industry is waiting to see which tax rate is applied to the real estate and construction industry. As per the report, Indian paint market is expected to reach 49,545 INR C ..
Published on November 9, 2016
July to September quarter for plywood industry was scrawny for most of the companies as they had to work very hard achieve the targets. Implementation of GST- rule will be the major changer for plywood industry, where the unorganized sector will get the 80 percent of market share, said by market players. Some market players have said that the manufacturing sector of plywood has bunch to cover in between Oct16-March 17. These six months are opportune time to assess GST effect on the indus ..
Published on October 18, 2016
The paint production in India was around 4.25 million tonnes during 2015-16, in compare to previous year Indian paint sector registering a growth of 5%. During 2015-16 the per capita consumption of paints in India has been around 3.23 kgs, which is lower in compare to developed economies around the world. As per the market report, the growth of Industrial paint dependent on the performance of the automotive industry, which is consuming estimated 45 % of industrial paints. The paint industry ove ..
Published on October 12, 2016
Indian pharmaceutical sector accounts for around 2.4 per cent of the global pharmaceutical industry in value terms and 10 percent in volume terms. Indian market players have group of scientists and engineers who turn the industry further to an even higher level. Currently more than 80 per cent of the antiretroviral drugs used globally to fight AIDS are supplied by Indian pharmaceutical firms, said by market players. As per the recent market report, India has sustained its lead over China in ph ..
Published on September 26, 2016
Decorative laminate and plywood demand in the month of August was bearish due to this prices also were lower. Previous month all the brands have missed to achieve their targets. Retail segments demand were weaker which has resulted in plunge in the demand. As per the market analyst country’s economic condition is improving but plywood industry players are not getting good return due to oversupply in compare to demand. Plywood and laminate production has been doubled in previous 4 years. ..
Published on September 21, 2016
Every women and girl loves to pamper by cosmetics. Indian beauty industry is growing with a rapid velocity. Recently, as per the consumer preferences and choices market players are developing low cost attractive product which is enhancing the demand of cosmetics As per the recent report, the cosmetic company shifted their focus to mass market for fragrance categories which is dominated by mass brand market. On account of busy schedules all the end users wants time saving products, on acc ..
Published on September 7, 2016
India is the second largest producer of textiles and garments in the world. The Indian textiles and apparel industry is anticipated to nurture to around USD 223 billion by 2021. Home textiles maker Welspun is planning to begin pioneering textiles with HygroCotton technology by its premium brand Spaces Home & Beyond and would launch innovative textile products using this technology. As per the recent report, China, the top importer of cotton yarn from India, has considerably condensed its s ..
Published on August 30, 2016
Plywood and laminate industry is about to see new trend. GST is going to be very defining and hugely impactful on unorganized wood panel industry and trade. The major impact will be on the prices of branded products that will be cheaper by around 10%, while unorganized players have to bear increased cost. As per the report, with the GST customers may opt better brand that has reliability, assurance and service. Some market players have said that the organized wood panel laminate sector which ho ..
Published on August 23, 2016
Volatility of the Indian currency and international oil prices and worries about a normal monsoon continue to be major challenges facing the paint industry. As per report, paints have been one of the few consumer categories that have shown flexibility in the current environment of slowdown in demand. Recent forecast of monsoon, expectation of increase in government expenditure and possible implementation of GST seemed to have further pushed the paint consumers. Market report said that Asian Pa ..
Published on August 9, 2016
The cosmetics market of India is full of opportunities and is a potential gold mine for many beauty and personal care companies. Presently Indians are interested in beauty and personal care. The combination of cultural traditions market in India is unique. India’s large consumer base has a growing disposable income and places importance on personal care. As per market report, products like Colossal Kajal from Maybelline New York and Garnier Color Naturals have become top-sellers wi ..
