Kajaria Ceramics Ltd. – Tiles Industry
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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
Competitive Life Cycle of Tiles Industry in India
Industry is in Mature Stage. The reasons are –
1. Slow growth of the industry, in line with GDP.
2. No significant product introductions.
3. Stable Margins
4. Low capital Investment entering the field.
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