INDIAN PLYWOOD INDUSTRY PDF!
This page is about Plywood Industry in India. ideal platform for wood based panel industry organized by The Federation of Indian Plywood and Panel Industry. DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Indian Plywood Market: Industry Trends, Share, Size. The Indian plywood industry is on a growth trajectory and claims a bright future. The industry is estimated to be around ` crore with 70%.
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|Published:||4 September 2014|
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The Indian plywood industry is on a growth trajectory and claims a bright future. Plywood sector boom The Indian plywood industry amalgamates the organised as well as the unorganized sectors and features a large list of branded as well as non-branded players.
Plywood manufacturers in the organised sector were eagerly awaiting the Goods and Services Tax GST to boost their sales in a indian plywood industry dominated by the unorganised sector.
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With the government rolling out the GST indian plywood industry April this year, the uniform taxation regime is likely to favour these players. What are the capital costs for setting up an Indian plywood plant? What are the operating costs for setting up an Indian plywood plant?
What should be the pricing mechanism of Indian plywood products?
What will be the income and expenditures for an Indian plywood plant? In India, plywood is mostly used for the manufacturing of furniture, accounting for two-thirds of the wood indian plywood industry.
In the past decades, the expenditure on furniture has increased as a result of increasing incomes, urbanisation, investment in real estate, western influence, etc.
Moreover, the introduction of new designs and diverse product range of furniture have further helped in creating a demand indian plywood industry the consumers. Expanding distribution network and exclusive outlets of furniture manufacturers in the region has also helped in influencing the market for plywood.
Agarwal told PTI, "GST rate rationalisation will bring massive change for the organised sector of the industry which account for just per cent of the estimated Rs 20, crore market.
The plywood associations had been demanding a reduction in the GST ever since the new tax regime had been introduced.
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Plywood produced in Yamunanagar is used extensively in different parts of the country.