Growth of Tiles Industry in India
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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.
Product & Services of Tiles Industry in India
Tiles are available in various forms such as ceramic, granite, marble, limestone, porcelain and so on.
However, Ceramic tiles are the most commonly used tiles. These can be further classified on the basis of
1. Usage – roof tiles, wall times, floor tiles
2. Application – GVT, PVT etc
Growth Factors of Exchange Industry in India
Factors that indicate a healthy growth in the Exchange industry are
1. Increase in number of listed companies
2. Shift from physical assets to financial assets (eg. mutual funds)
3. Increase retail participation
4. Govt approval for EPFO to invest in equity market
5. Growth of data related business
6. Development of corporate bond market
7. Development of International Exchange
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