Year 2018 witnessed shift in the way plywood industry and trade had been operating so far in India. The tax reform brought everyone on same level playing field thus branded plywood became cheaper.
Finally E-way bill on interstate transportation of goods is mandatory. Above Rs 50,000 dispatches will have to log in for E-way bill
India has always been a predominantly plywood consuming country as against the world-wide trends. The ratio of Plywood v/s Other panels (MDF, PB) demand in India is 80:20 where as it is almost opposite like 20:80 in developed.
Organized wood panel manufacturers were jovial with the announcement of E- way bill from Feb 1st. The wish to be organized category were also smiling across building material segment including wood panels and furniture items.