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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

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Regulations of Tiles Industry in India

Major regulations in the Indian Tiles Industry are as followings
1. Implementation of RERA to protect the interests of industry players
2. Reduced GST rates to augur demand for new houses
3. Unorganised industry shifting to natural gas due to regulatory requirements
4. Ban on use of coal gasifiers by NGT (National Green Tribunal)
5. Various government initiatives that boost the demand
6. Various licenses and clearances required for business commencement

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