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
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Surya Panel, a joint venture of Rushil Décor Limited is coming up with a premium range of laminated flooring. The company is going to launch 34 designs with 4 textures in AC 4 and AC 5 categories.
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.
Slowdown effect in wood panel sector is not much visible on Film faced plywood and Doors segment thanks to deadline-driven work at Government projects. Another boost in demand attributed indirectly due to impact of RERA implementation.