वुड पैनल और डेकोरेटिव सेक्टर में उत्पादन क्षमता में उछाल के कारण आपूर्ति में वृद्धि हुई है, जिससे अस्थायी तनाव पैदा हुआ है।
In the past year alone, around 4,500 CBM of additional capacity has been added in particle board manufacturing.
GST implementation has completed 2 years in July, during which industry and trade did witness many ups and downs. From 28 to 18 % , e - way bill, composition slabs, GST return
With almost two years into implementation of the GST, the system is going to be more stringent and competent with regard to tax evasion as numerous complaints of tax evasion in different B2B segments.
The plywood industries in North India, are facing the worst phase of their journey since inception. The plywood manufacturers are fighting on multiple fronts at this time.
The housing demand and real estate sector continued slowdown is impacting the volume demand in wood panel segment confirms ground reports gathered by the Ply Reporter
Boom in the real estate sector result the benefit of lot of allied industry and entrepreneurs, which also includes the country’s wood panel industry.
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Kwality Glass & Plywood Co, Jammu is a well known name in wood panel trade in the region which was initiated by Mr Rajneesh Gupta in 1992.
Dealing in best quality Plywood and providing their valuable clients with the best in quality and service has been their USP since its incorporation.
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
2018 is set to witness a rise in demand of decorative laminates across the country in residential interiors and commercial space segment. The affordability of laminate has increased among the tier three cities and in semi urban areas due to availabil
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.
A lot is happening on capacity additions in Plywood, Doors, Laminates, PVC boards, Particle Boards, MDF, Edge band, Adhesives, Decorative surfaces and Floorings segment hence there will be growth in market size with more material supply.
In 2017, The liquidity issues, labour payments, billing structure, needed working capital and narrowing gaps with immediate superior emerged as a big challenge to the unorganized segment of each product category be it plywood or doors or laminates.
In a slowly changing scenario in developed market of metro cities, the waterproof plywood demand witnessed a growth after a deep dent from clutches of duplicate water proof plywood impact.
The present market situation is dull despite of GST coming down to 18% on Ply, boards, Doors, MDF, PB, Decorative veneer, Furniture, Hardware and other building materials. The problem of delay in payments is certainly on rise but there are very few
Sarda Plywood Industries, Makers of ‘Duro’ are celebrating their successful 60 years in wood panel industry. Sarda Plywood is known for long term business association with their dealers.
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.
November – December months were reported to have slow lifting of plywood and laminates in market pan India but the last two weeks of December registered momentum in demand due to news about price rise.
In 2018, the housing construction activity is expected to remain subdued as builders are under pressure to complete old projects. RERA and GST carry forward impact will show it’s impact on new launches of new projects..
Welcome to the year of hope and beginning of a new growth cycle. The retarding effects of GST, DEMO & RERA are still present but market recovery and growth is expected, especially from the first quarter of FY 2018-19.
The demand to reduce ‘GST from 28% to 18% on Wood Based Panel products’ under chapter 44 is being raised again and again by trade associations. Repeated efforts and persuasion is close to bearing fruit as ‘GST slab is almost set for a reduction to 18
With increasing competition, many wholesalers are creating new verticals to take advantage of margins through showrooms display. The trend seems to be spreading pan India, because producers may target retail counters in future...
Real estate and housing sector are showing slow demand trend but it did not affect the requirement of imported timber in India. Even demand of wood panel has contracted below 50% within 60 days of GST period but its affect is not visible on timber.
India is adding many new production facilities for Plywood, Doors, Laminates, Particle Board, MDF, Furniture, Kitchen, Wardrobes, Timber etc but a significant step towards sustainable forestry or plantation is unfortunately missing.
The plywood industry & trade was desperately waiting for GST reduction from 28 to 18 on the occasion of 21st GST council meeting that took place in Hyderabad on 9th September. But no mention of any such outcome dashed all hopes for cheaper availabili
The states participating in the nation wide strike in protest for reducing GST from 28% to 18% on plywood and dissolving of Mandi Tax have ended it on the assurance of support from respective authorities in different states.