Industry-Specific Risks of Tiles Industry in India
Major risks faced by the industry are
•Competition from unorganised players
•Unfavourable movement in natural gas prices
•Dumping of Chinese tiles
•Rising raw materials costs
•Anti-dumping duty on Indian export from country like GCC
•Dependent directly on real estate sector
•Over-capacity and Pricing pressure from unorganised market
•Economic slow-down may affect prospects of smaller dealers
Responses